Energy markets: North-Western European power markets successfully coupled

Paris - In a landmark move for the future of Europe

For the first time, the NWE region, stretching from France to Finland, operates under a common day-ahead power price calculation using the Price Coupling of Regions (PCR) solution. The same solution is also used at the same time in the SWE region in a common synchronised mode.

Henceforward Power Exchanges from countries which account for 75% (more than 2000 TWh) of European electric consumption, for the first time, calculate electricity prices at the same time and in the same way

Source: IWR Online, 06 Feb 2014