EUROPEAN ELECTRICITY

[BIZ/INFRA: Brussels, June 5]
One year after signing a Memorandum of Understanding power exchanges and transmission system operators in Belgium, France, Germany, Luxemburg and the Netherlands have achieved significant progress towards coupling the Central Western European electricity markets and improved coordination for an increased security of supply.

Market coupling will be used to create Europe’s largest regional electricity market. It will allow for closer connection of Central Western Europe’s day-ahead electricity markets as well as for a more efficient use of existing cross-border power lines. It will thus simultaneously contribute to increase competition in electricity wholesale prices and to enhance security of supply.
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