Core Flow-Based Market Coupling: successful go-live
A new era begins
The project parties involved in the day-ahead Core Flow-Based Market Coupling project (Core FB MC) are announcing the successful go-live of the project on 08/06/2022.
Flow-Based Market Coupling mechanism optimises day-ahead European electricity market for 13 countries: Austria, Belgium, Croatia, the Czech Republic, France, Germany, Hungary, Luxembourg, the Netherlands, Poland, Romania, Slovakia and Slovenia. The harmonized capacity calculation methodology makes the system more efficient and robust thereby increasing the efficiency of the capacity allocation.
The new Flow-Based Market Coupling Mechanism is another landmark step in the energy transition. It enhances the European grid’s ability to manage fluctuations in the supply of wind, solar and other renewable energy, thereby contributing to sustainable value for population of 278 million in the region.
As a result of the market development, the Hungarian day-ahead electricity market is enriched with one new implicitly coupled border between Croatia-Hungary, while on the Slovenian-Hungarian border the technically necessary commercial exchange starts until the real physical allocation and delivery is implemented.
For more information, please refer to the confirmation of go-live here and the press release attached: >>