Ovaere, Marten; Kenis, Michiel; Van den Bergh, Kenneth; … - 2022
Since 2015 available cross-border transmission capacity is determined using flow-based market coupling (FBMC) in the ….2 euro/MWh. Since then, observed cross-border exchange volumes decreased to 400 MWh/h below their levels before the … introduction of FBMC by the end of 2017. However, when controlling for changing market conditions in the years following the …