Eighteen transmission system operators (TSOs) from numerous European countries, coordinated by the the European Network of Transmission System Operators for Electricity (ENTSO-E), and several Nominated Electricity Market Operators (NEMOs) share the common vision of a single integrated European intraday market, which is considered to be a key component of a pan-European internal energy market. To make their vision a reality, the project partners collaborate in the Cross-Border Intraday (XBID) initiative.
An important step for XBID will be taken in March 2018, when the jointly developed XBID solution and ten Local Implementation Projects (LIPs) are scheduled to go-live. The core of the XBID solution is a common IT system comprising one shared order book, a capacity management module, and a shipping module. The LIPs include the TSCNET shareholders 50Hertz, APG, TenneT, and TransnetBW, and the TSCNET client Creos from Luxembourg. They will establish continuous electricity trading across fifteen countries (Austria, Belgium, Denmark, Estonia, Finland, France, Germany, Latvia, Lithuania, Luxembourg, Norway, the Netherlands, Portugal, Spain, and Sweden), while most other European countries are to follow in a second XBID-wave in spring 2019. However, the March 2018 go-live date is still subject to the completion of a LIP testing phase.
Picture: EC – Audiovisual Service