The Central-West electricity REM is led by the Belgian federal Energy Regulator (CREG) and aims to integrate Belgium, France, Germany, Luxembourg and the Netherlands into a single regional electricity market.
The Central-West electricity REM represents 1,1 million GWh of electricity consumption, 42% of the EU 25 electricity market.
This electricity REM is composed of the founding EU member states and includes some of the biggest market operators in Europe. Harmonization and improvement of long-term explicit auction rules, implementation of a day-ahead, flow-based market coupling, implementation of cross-border intraday trade, maximisation of the amount and the utilization of cross-border capacity, and transparency are the key priorities of the Central-West electricity REM.
PRIORITIES IN THE REGION
"Road maps" - maximise use of and increase transmission capacity (S) Common cross-border capacity calculation (M) Single auction office (L)
Increased transparency across entire region (S) Harmonisation and improvement of data exchange (M)
"Road maps" - cross-border intraday and balancing trade (S)
"Road maps" - monitoring by and cooperation between regulators (S) Enhanced regional market monitoring (M)
"Road maps" - facilitate functioning of explicit auctions (S) Flow-based allocation (M) Cross-border re-dispatching (L)
Trilateral market coupling (BE-FR-NL) Implementation and progress monitoring of common road map for integration of the electricity wholesale markets (BE-FR-NL and FR-GY)