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Continuous Intraday Market Coupling Algorithm
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Abstract
This chapter begins by describing the background to how existing European intraday markets were finally brought together via a pan-European solution known as Single Intraday Coupling. The chapter introduces the IT-solution (M7 XBID) for the Single Intraday Coupling, which enables continuous intraday trading of energy contracts for the physical delivery of electricity 24 h a day, 365 days a year across Europe. More details on the technical modules of M7 XBID, as well as the data flows including the upstream and downstream systems are provided. The chapter closes with a simplified description of the Single Intraday Coupling continuous trading algorithm.
Title: Continuous Intraday Market Coupling Algorithm
Description:
Abstract
This chapter begins by describing the background to how existing European intraday markets were finally brought together via a pan-European solution known as Single Intraday Coupling.
The chapter introduces the IT-solution (M7 XBID) for the Single Intraday Coupling, which enables continuous intraday trading of energy contracts for the physical delivery of electricity 24 h a day, 365 days a year across Europe.
More details on the technical modules of M7 XBID, as well as the data flows including the upstream and downstream systems are provided.
The chapter closes with a simplified description of the Single Intraday Coupling continuous trading algorithm.
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