Following successful completion of all testing activities, the Go-live for the Bulgaria-Romania Day-Ahead Market Coupling Project is reconfirmed for 27 October 2021.
Bulgaria-Romania Market Project consists of the NEMOs and TSOs of Bulgaria and Romania, namely IBEX EAD, OPCOM S.A., ESO EAD and CN Transelectrica S.A, and aims to connect the RO-BG border in the European Single Day-Ahead Market Coupling (*SDAC) as foreseen by EU Regulation 2015/1222 CACM (guideline on Capacity Allocation and Congestion Management), allowing implicit allocation of the cross-zonal transmission capacity and the electrical energy.
*About SDAC
SDAC allocates scarce cross-border transmission capacity in the most efficient way by coupling wholesale electricity markets from different regions through a common algorithm, simultaneously taking into account cross-border transmission constraints, thereby maximizing social welfare.
The aim of SDAC is to create a single pan European cross zonal day-ahead electricity market. An integrated day-ahead market increases the overall efficiency of trading by promoting effective competition, increasing liquidity and enabling more efficient utilization of generation resources across Europe.
For additional information on SDAC go to:
http://www.nemo-committee.eu/sdac
https://www.entsoe.eu/network_codes/cacm/implementation/sdac/