This chapter provides the reader with an overview of physical clearing and settlement processes needed for market coupling. Cross-zonal physical shipping is described in detail, including the roles of Nominated Electricity Market Operators, Central Counter Parties and Shippers. Different shipping arrangements are discussed, including the situation where multiple Nominated Electricity Market Operators are active in the same bidding zone. Examples of shipping and scheduling both in day-ahead and intraday auctions, and intraday continuous trading, are illustrated and explained. Finally, the TSOs matching and scheduling process, which is initiated after each auction or continuous trading gate, is described.

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Cross-Zonal Shipping and Nominations

  • Jean-Michel Reghem

摘要

This chapter provides the reader with an overview of physical clearing and settlement processes needed for market coupling. Cross-zonal physical shipping is described in detail, including the roles of Nominated Electricity Market Operators, Central Counter Parties and Shippers. Different shipping arrangements are discussed, including the situation where multiple Nominated Electricity Market Operators are active in the same bidding zone. Examples of shipping and scheduling both in day-ahead and intraday auctions, and intraday continuous trading, are illustrated and explained. Finally, the TSOs matching and scheduling process, which is initiated after each auction or continuous trading gate, is described.