Power market coupling of Belpex with APX and Powernext approved

In August, the Belgian energy regulator (the CREG) announced its approval of the application by Belpex for trilateral market coupling.  The proposed development would couple the day ahead power exchanges of Belgium, France and The Netherlands. Frontier (London and Cologne) supported Belpex in its application by assessing the costs and benefits of introducing day ahead trilateral market coupling. In its study, Frontier found that the proposed market would increase the efficiency of trade across the electrical interconnectors linking the three countries concerned. The incremental benefits of the efficiency improvements would significantly outweigh the additional costs of implementing and operating the new market. Before trilateral market coupling can begin, approval is also required from the French and Dutch energy regulators.