The rollout of the European Union’s new power pricing system in October, with prices set every 15 minutes, rather than every hour, has increased the profit potential of battery energy storage systems (BESS). In several countries, BESS profits now have the potential to rise by more than 15%, according to an analysis by research and […]
If 70% of the physical capacity of all power lines had been offered for cross-zonal trade by transmission system operators, half of the most severe price spikes or 147 spikes could have been avoided in South-East Europe in the summer of 2024, according to the latest report of the EU Agency for the Cooperation of […]
The Romanian Commodities Exchange – Bursa Română de Mărfuri (BRM), the country’s second nominated electricity market operator (NEMO), has joined intraday auctions (IDAs) under the European Single Intraday Coupling (SIDC) framework. With this move, BRM becomes part of the operational IDA system, launched across Europe in June 2024, according to a press release from European […]
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