Under the Trade and Cooperation Agreement (TCA) between the EU and the UK, the relevant EU and UK TSOs are jointly tasked with developing the Multi-Regional Loose Volume Coupling (MRLVC) solution to allocate capacity on the interconnectors to GB in the day-ahead market timeframe. The first major milestone set out in Annex 4 of the TCA is to prepare a Cost-Benefit Analysis (CBA) and outline proposals for the technical procedures of the MRLVC, and the GB and European TSOs have established a working group to progress this. This report sets out the main findings of the study.
The EU TSOs would like to hear the EU Industry views on the report and the proposed analyzed solutions, to collect and deliver them to the EC, who will be able to consider them when advising the TSOs on the next steps foreseen to develop Technical procedures for the future trading arrangement.
The consultation is available here.