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Integrating Market Coupling in the Nordic and Continental Regions: The NorNed Cable Project

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This document outlines the progress of multilateral market coupling (MMC) initiatives, specifically focusing on the NorNed cable interconnector between Norway and the Netherlands. With a capacity of 700MW, the NorNed cable has been operational since late 2007, allowing market coupling between the Nordic region and continental Europe. The recent meetings and agreements among various stakeholders, including Statnett, TenneT, APX, and Nord Pool Spot, highlight the ongoing efforts to enhance market integration and explore trilateral market coupling (TLC) solutions for efficient energy trading.

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Integrating Market Coupling in the Nordic and Continental Regions: The NorNed Cable Project

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  1. Development Multilateral market coupling(MMC)integrating: NorNed market coupling between APX and Nord Pool spotTrilateral market Coupling (TLC)between APX, Belpex, Powernext Conference Day

  2. NorNed kabel HVDC Projectunder construction.Built, owned and operated by the TSOs Statnett and Tennet First 154 km Single core cable ready

  3. New Interconnector Norway-The Netherlands NorNed Cable in operation late 2007 NORWAY NORNED, 700MW The Netherlands • License granted by regulators in Norway and the Netherlands to implement market coupling between the Nordic Region (Norway) with the continental Europe (The Netherlands). Conference Day

  4. In progres; Development Multilateral market coupling (MMC) • NorNed daily market coupling (all capacity) Licence Norwegian Ministry December 04; • Nord Pool Spot and APX committed to implement market coupling over NorNed (2007) • TLC parties awaiting regulatory approval for TLC • A Need to integrate: NorNed with TLC market coupling NL-B-F (TLC) • Agreements in progres to work for multi market coupling Nordic region NorNed cable TLC region Conference Day 12 January 2006 Conference Day 4

  5. Joint paper by 8 parties • Elia, RTE, Statnett, TenneT • APX, Belpex, Nord Pool Spot, Powernext • Need for a common solution of TLC and NorNed Note from the 8 parties available today Conference Day

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