European Power Market Coupling May Be Delayed, Operator Says
The planned integration of power markets in the European Union may be delayed beyond 2014, according to CASC-CWE which handles auctions of transmission capacity in the region.
Meeting that deadline depends on markets in northwest Europe being linked by the second quarter of next year, a process that is still subject to completion of tests and regulatory approvals, according to a presentation by the Capacity Allocation Service Company for Central West Europe.
“If any of the above steps takes more time than estimated or cannot be successfully finalized, this will have an impact on the planning,” Corne Meeuwis, CASC-CWE’s chief executive officer, said in the presentation posted on the website of Norway’s energy and water directorate.
The EU plans to merge the region’s power markets by aligning regulation and expanding cross-border power trading and infrastructure by 2014, according to the European Commission.
While integration plans in northwest Europe are being implemented on schedule, the project is now entering a challenging phase, Meeuwis said.
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