Cross-border trading
The expansion of interconnection capacity in Europe is targeted to be 10% of generation capacity rising to 15% by 2030. The objective is to facilitate cross-border trading resulting in price convergence. It will also provide benefit in enabling reserve sharing and in managing the intermittency of renewable generation through flexibility sharing. There is a danger in crediting interconnection capacity with a contribution to the plant margin. There is no guarantee of availability of generation or link capacity unless it is backed by firm capacity contracts. Adverse weather may affect wide areas influencing the availability of generation in neighbouring countries at the same time reducing any spare capacity.
Cross-border trading, Page 1 of 2
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