COBRAcable, the first direct interconnection between the electricity markets of Denmark and the Netherlands, is a joint project of the two TSCNET shareholders Energinet, the Danish transmission system operator (TSO), and TenneT, the Dutch-German TSO. Since spring, the partner TSOs have been preparing the commercial operation of COBRAcable. TenneT and Energinet have now launched an Urgent Market Messages (UMM) site for the commissioning of COBRAcable, which is scheduled to take place between 3 July 2019 and 6 September 2019.
A total of around 30 individual tests with different energy charges in the respective transport directions are planned. It is expected that the full capacity of COBRAcable will be available for the day ahead and intraday markets from 7 September. TenneT and Energinet then will offer financial transmission rights on COBRAcable at monthly and annual auctions. The first auction is expected to take place after a full month of stable operation, so probably the auction for November 2019, which will be held in October.
By promoting the exchange of surplus wind energy, COBRAcable will improve the cohesion of the European transmission system and the integration of the electricity market. It will also make a sustainable contribution to the low carbon energy future by allowing future offshore wind farms in the North Sea to be hooked up to the DC interconnector.