US EditionEuropean Power Gets Biggest Shakeup in Years With 15-Minute Trades
6 Articles
6 Articles
European electricity spot market shifts to 15-minute trading blocks
The European Power Exchange (Epex Spot) will switch its day-ahead market from hourly to 15-minute intervals on Sept. 30, a change mandated by the European Union that is expected to improve solar and wind integration, boost battery trading opportunities, and support dynamic tariffs.The move was originally scheduled for June 11, but not all market participants reported readiness in time. The transition in day-ahead trading on the European electric…
Europe continues move to 15-minute power market settlement, increasing value of flexibility
The power markets of Europe continue their shift to 15-minute settlement periods today (30 September), a reform which could increase the revenue opportunities for energy storage and other flexibility resources.
A more detailed picture of the generation of renewable energy plants is expected, which could bring advantages for photovoltaics in direct marketing. Customers with dynamic electricity tariffs or load management as well as battery storage operators should also benefit.Originally, the step should take place already on 11 June, but not all market participants announced their readiness to use it in good time: The switch in the day-ahead trade of th…
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