Forward capacity allocation
European Union Electricity Market Glossary

 


 

 

'Forward capacity allocation' stands for the attribution of long-term cross-zonal capacity through an auction before the day-ahead timeframe (Article 2(1) of the Network Code on Forward Capacity Allocation).

 

The forward capacity allocation enables long term cross zonal trade and provides market participants with long term cross zonal hedging opportunities against congestion costs and day ahead congestion pricing, compatible with bidding-zone delimitation.

 

At end 2017 there were 30 borders in the EU with harmonised forward capacity allocation rules (ACER’s 6th Annual Report on Monitoring the Electricity and Natural Gas Markets, Main insights, p. 19).

 

 

 

 

 

IMG 0744

    Documentation    

 

 

 

 

Network Code on Forward Capacity Allocation, Article 2(1)

 

ACER’s 6th Annual Report on Monitoring the Electricity and Natural Gas Markets, Main insights, p. 19

 

 

 

 

 

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    Links    

 

 

 

 

 

Forward Capacity Allocation Platform 

 

Capacity allocation

 

Firmness of allocated cross-zonal capacity

 

 

 

 

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Last Updated on Monday, 13 November 2017 21:07
 

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