7. A new step towards a common European electricity market
On May 13, South-Western Europe (SWE) and North-Western Europe (NWE) day-ahead electricity markets were coupled. This means that electricity can now be exchanged from Portugal to Finland under a common day-ahead power price calculation.
The NWE project covers the markets of Belgium, Denmark, Estonia, Finland, France, Germany/Austria, Great Britain, Latvia, Lithuania, Luxembourg, the Netherlands, Norway, Poland and Sweden. The SWE project covers a price coupling between France, Portugal and Spain.
The coupling of these 2 regions is the result of strong cooperation between Transmission System Operators and Power Exchanges from 17 European countries and a further step towards the European Internal Electricity Market.
This text is based on an ENTSO-E announcement
(ENTSO-E is the European Network of Transmission System Operators), as well as on information on the APX website