ACER and the Joint Research Centre (JRC) are organising a joint webinar to present and discuss the key findings from their 2024 publications, focusing on electricity grid congestion and transmission capacities for cross-border electricity trade:
- ACER’s yearly monitoring report on cross-zonal transmission capacities and the progress of Member States in reaching the minimum 70% requirement (to be published on 3 July 2024);
- JRC’s future-looking assessment on the evolution of congestion management in the current EU electricity market design.
When?
Wednesday, 10 July 2024, 14:30 - 15:30 CET, online
Tackling barriers in the EU’s transition to net-zero
A successfully integrated EU electricity market is crucial for the EU’s ambitions of achieving net-zero emissions while maintaining its global competitiveness. How efficiently the electricity market design addresses grid congestion is key to this effort.
Realising the 70% transmission capacity requirement helps further integrate markets
EU rules mandate that grid operators ensure at least 70% of transmission capacity is available for electricity trade with neighbouring countries by the end of 2025. Why? Making the required 70% of capacity available for cross-zonal trade better integrates markets, enhances security of supply, reduces price volatility and increases the flexibility of the system. ACER monitors annually the availability of cross-zonal capacities in the EU and the progress of Member States in reaching the 70% requirement.
Future-proofing the European electricity market
The European Commission’s JRC has developed a future-looking assessment of the volume and cost of addressing congestion in the electricity grid for the target years 2030 and 2040, based on different grid expansion scenarios.