Effizientes Engpassmanagement zur Schaffung eines europäischen Strombinnenmarktes — die Rolle von finanziellen Übertragungsrechten

This paper assesses possible market designs for cross border electricity trading. The methodical approach is to split up and evaluate cross border trading into a long term and a short term perspective in a first step and afterwards reunite the two perspectives to find an optimal market design. Two possible congestion management systems are considered for each timeframe. After establishing test criteria, efficient long and short term congestion management systems are identified. As a next step the optimal solution out of the four integrated market designs is identified. These findings are followed by an analysis of the prerequisites for the implementation of the optimal market design. The paper arrives at the conclusion that the optimal market design for cross border electricity trade depends on the development of the electricity market and needs to be adapted in accordance with the actual maturity of the electricity market.