DAY-AHEAD MARKET COUPLING. Challenges for the SEM. Framework Guidelines. Day-ahead price coupling is a key feature of the final draft Framework Guidelines on congestion management issued by ERGEG in February 2011.
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Challenges for the SEM
To a large extent, the SEM HLD reflects the particular challenges that a small, relatively isolated island system faces in maintaining a secure supply and mitigating market power.
Whilst the electricity markets in North West Europe differ from each other in detail, they have similar characteristics for these high-level features.