Who gets the rights to trade across borders?

Leonardo Meeus and with Tim Schittekatte

Chapter 2 in The Evolution of Electricity Markets in Europe, 2020, pp 25-47 from Edward Elgar Publishing

Abstract: In the second chapter of this book, we cover the European experience of the allocation of the rights to trade across borders, i.e. transmission rights. We answer five questions. First, how to deal with historical privileges? Who had privileged access and how did it end? Second, how to implement the market-based allocation of transmission rights? We describe the evolution from explicit to implicit auctions for transmission rights, also referred to as market coupling. Third, how to implement market coupling in the day-ahead timeframe? After several regional initiatives, one became the target model but several open issues remain. Fourth, what about the timeframes before day-ahead? A dominant model seems to be emerging. Fifth, what about the timeframes after day-ahead? It seems the mood is changing from continuous trade to auctions. The chapter ends with a conclusion in which we summarize our main points.

Keywords: Economics and Finance (search for similar items in EconPapers)
Date: 2020
References: Add references at CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
https://www.elgaronline.com/view/9781789905465.00014.xml (application/pdf)
Our link check indicates that this URL is bad, the error code is: 503 Service Temporarily Unavailable

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:elg:eechap:19187_2

Ordering information: This item can be ordered from
http://www.e-elgar.com

Access Statistics for this chapter

More chapters in Chapters from Edward Elgar Publishing
Bibliographic data for series maintained by Darrel McCalla ().