Better link European electricity markets should lead to lower prices – The Latest News

By: editors
04/23/15 – 16u46 Source: Belga © photonews.

The electricity markets in Belgium, Netherlands, Luxembourg, France, Germany and Austria will henceforth be better linked. Different supervisors of that Central Western European region are there to put the light on green, as the Belgian energy regulator CREG confirms today.

The new method to link the markets better called flow-based market coupling, or market coupling based on flows. The methodology should ensure a better allocation of capacity and better congestion management, said a spokeswoman Creg. The link is on 21 May.

The improved clutch consumer pay less for electricity, says the

Dutch regulator Authority for Consumers and Markets (ACM). ACM paste itself amount to the discount: 10 euros per year for an average Dutch household, and to 5 million per year for an industrial scale consumer

Such calculations can be found at the Creg “extensively.”. According to the spokeswoman, there must first have more experience with the new model in order to substantiate such price reductions. However, it is the intention of the further market integration in order to be more efficient, and thus to provide better prices for the consumer.