After several years of complex and intensive development and testing, the Cross-Border Intraday (XBID) solution and ten XBID related Local Implementation Projects (LIPs) were finally initiated on 12 June, with first deliveries on 13 June. In order to create a single integrated European intraday market, several Nominated Electricity Market Operators (NEMOs) and nearly twenty transmission system operators (TSOs) from all over Europe collaborate in the XBID initiative. Among the TSOs are the TSCNET shareholders 50Hertz, Amprion, APG, Energinet, TenneT, and TransnetBW, as well as TSCNET client Creos from Luxembourg.
With a common IT system consisting of one shared order book, a capacity management module, and a shipping module, XBID bundles the whole European intraday continuous market and complements the existing day ahead market. From now on, continuous trading of electricity is possible across the following countries: Austria, Belgium, Denmark, Estonia, Finland, France, Germany, Latvia, Lithuania, Norway, the Netherlands, Portugal, Spain, and Sweden. Most of the other European countries are to follow in a second XBID-wave in 2019.
The XBID solution for creating a single integrated European cross-border intraday electricity market was succesfully launched.