First deliveries of electricity in the second wave of SIDC were successful, says Transelectrica

The first deliveries of electricity in the second wave of the European solution for intraday markets (SIDC), launched on November 19, took place successfully on November 20, 2019, says Transelectrica. This confirmation follows the completion of the testing and preparation activities. carried out by specialists in the last period. By implementing this project, seven other countries will join the fourteen that are already operating in a coupling regime.

Designated Electricity Market Operators (OPEED) and Transport and System Operators (OTS) have confirmed the launch of the second wave of SIDC (formerly known as XBID), after the successful completion of the testing period, a sustained effort from specialists at Transelectrica and OPCOM, with the support of ANRE regarding the adaptation of the regulations.

A third launch wave is expected by the end of 2020. Confirmation is expected regarding the date on which the Sweden / Poland border will join, this issue to be communicated later to market participants.
For Romania, the connection of intraday markets creates new opportunities for development of both the electricity market and of production for the renewable energy sector by trading close to the moment of the produced energy delivery.

The aim of Single Intraday Coupling (SIDC) is to create a single pan European cross zonal intraday electricity market. An integrated intraday market will increase the overall efficiency of intraday trading by promoting effective competition, increasing liquidity and enable a more efficient utilisation of the generation resources across Europe.