Market splitting definition
Market splitting means the mechanism adopted by the Power Exchange or Market Coupling Operator, as the case may be, for discovering price of electricity in various bidding areas or zones facing congestion in transmission corridor, whereby these bidding areas or zones are split into independent markets and the flow of electricity between these independent markets is permitted to the extent of available transmission corridor under safe grid operating conditions;
Market splitting means a type of Market Coupling where the matching of the supply and demand curves of different power exchanges, taking into account the cross border capacity made available by the TSOs, is performed by one power exchange instead of several;
Market splitting means the splitting up of electricity markets into regional price areas. This mechanism provides the possibility to eliminate structural bottlenecks in the grid and to reduce intervention in grid operations. A good model of this is the Scandinavian power market “Nord Pool Spot.”
More Definitions of Market splitting
Market splitting means the case where the market splitting process specified in the
Market splitting means the case where the market splitting process specified in the trading rules of JEPX must be conducted.
Market splitting means a process of creating different price zones in a market by a power exchange, such process arising due to congestion in transmission corridor;
Market splitting means the mechanism adopted by the Power Exchange or Market Coupling Operator, as the case may be, for discovering price of electricity in various bidding areas or zones facing congestion in transmission corridor, whereby these bidding areas or zones are split into independent markets and the