London, 29 July (Argus) — The parties involved in the central western Europe (CWE) and Nordic market coupling projects today announced their joint target launch date.

EMCC, a joint venture of Nord Pool Spot, EEX Spot, 50Hertz, Transpower and Energinet, will be responsible for the combined launch of the CWE price coupling solution and the first step of the CWE-Nordic interim tight volume coupling (ITVC) on 9 November.

Market coupling contributes to the integration of European power markets as cross-border trades are automatically allocated interconnector capacity with power flowing from the cheaper to the more expensive market.

The CWE price coupling project will add the German and Luxembourg markets to the already existing trilateral-coupled market of France, Belgium and the Netherlands.

Elsewhere, the first step of the ITVC solution will provide tight volume coupling between the CWE and the Nordic markets with the exclusion of the NorNed cable between Norway and the Netherlands.

The target date for the full ITVC launch, including NorNed, is 14 December.

In the longer term, the parties — including 12 transmission system operators and the respective power exchanges — aim to link the CWE and the Nordic market through price coupling.

“The ITVC is an interim solution that will be replaced by an enduring price coupling solution covering at least the entire CWE and Nordic regions,” a joint statement said.

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