Day-Ahead Flow-Based Capacity Calculation and Market Coupling in Core CCR
摘要
This chapter starts with a brief overview of flow-based capacity calculation and market coupling. A comparison of the results from the Net Transfer Capacity approach compared to flow-based market coupling highlights the differences regarding social welfare, net positions, and price convergence. The chapter also analyzes the market coupling results from the perspective of topics such as active constraints, shadow prices and price spreads. The chapter concludes with an assessment of the social welfare gains, as well as consumer and producer surplus, generated following the application of the flow-based capacity calculation and market coupling.