TRINITY: A single, unified electricity market in South Eastern Europe
The implementation of a single, unified electricity market is one of the main challenges the European Union has to face. Stability in electricity supply has to be maintained even during system disturbances such as a power plant failure or the loss of a large load. Under extreme conditions, EU Member States need to be able to rely on other market players of the neighbouring countries to meet their balancing energy needs. Although the importance of market coupling has been highlighted for a long time already, Southern European countries are not in such an advanced state on this field as the Western- and Northern-European member states. Coupling European energy markets will boost the security of supply and give Southern European markets the opportunity to improve their current state.
TRINITY (TRansmission system enhancement of regIoNal borders by means of IntellIgenT market technologY) project is part of the Horizon 2020 programme (Grant Agreement No 863874). It is intended to support the creation of a fully unified, single smart electricity grid connecting EU and non-EU countries in the South- and Central-Eastern European regions, whilst new, innovative products developed within the framework of the project will promote higher penetration of renewables.
The consortium consists of 19 partners, including NEMO’s, TSO’s, RSC’s, Research centres, RES and technology providers.
HUPX participates in the project as the expert of the organised electricity market, supporting market coupling in the region. In addition, HUPX will contribute to the product development by completing its already existing products and services with innovative developments..
Project duration: 1st of October 2019 – 30th of September 2023
For more information please visit: http://trinityh2020.eu/