Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

First ACER Report On The Implementation Of The CACM Regulation And The FCA Regulation Available Online

Date 30/01/2019

The Agency publishes today its first monitoring report on the implementation of the Guideline on Capacity Allocation and Congestion Management (CACM Regulation) and the Guideline on Forward Capacity Allocation (FCA Regulation). The CACM Regulation lays down the binding guidelines for the implementation and operation of EU-wide single market coupling in the day ahead and intraday timeframe. The FCA Regulation lays down detailed rules on cross-zonal capacity calculation and allocation in the forward timeframe. Both regulations aim at facilitating electricity trading across the European Union. The CACM Regulation is applicable since 14 August 2015, whereas the FCA Regulation is applicable since 17 October 2016.

Both regulations facilitate the efficient and secure use of renewable energy, creating a well-functioning, competitive, secure and sustainable European electricity market, delivering tangible benefits to European consumers.

This first monitoring report describes the status of the implementation and application of both the CACM and FCA Regulations across the EU. Beyond the assessment of compliance, the Agency identifies difficulties faced in implementing these regulations and provides conclusions and recommendations across the EU.

More information can be found here.