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Currently, focus is bilateral and on case to case basis. Bhutan and Nepal have specific provisions in their laws relating to CBET. Specific provisions in electricity laws in the long term are extremely important and will provide conducive environment.

USEA plans to deliver training that goes beyond standard workshops, but instead will be a tailored transfer of best practices, reference documents and toolkits for the Nepalese to help them establish the appropriate institutional and operational frameworks for cross-border trade.

On 27 November 2014, Foreign Ministers of the eight member states signed an agreement on energy cooperation ‘SAARC Inter-Governmental Framework Agreement (IGFA) for Energy Cooperation (Electricity)’ during the concluding ceremony of the 18th SAARC Summit.

Transmission planning agencies of the Government to plan the crossborder grid interconnections through bilateral/trilateral/mutual agreements between the concerned states based on the needs of the trade in the foreseeable future through studies and sharing technical information required for the same.

Balance Responsible Party mechanism : the needed link between the physical reality and the market.

The Balancing Market (BM) enables RTE to activate power reserves of generation plants, in order to restore the system supply demand balance and solve network congestions. It is based on a permanent, transparent and open call for tender process.

The price in Germany and France actually is the reference price for the rest of Europe. It is of an utmost importance that this reference price comes from a transparent market with sufficient volumes traded and with a sufficient number of actors.

As central counterpart, ECC is in charge of physical settlement and therefore is active as a shipper on all involved European TSOs. Payment of the delivered energy is processed every day, therefore securities deposits are very small.

TenneT is Europe’s first cross-border grid operator for electricity. With approximately 20,000 kilometres of (Extra) High Voltage lines and 36 million end users in the Netherlands and Germany we rank among the top five grid operators in Europe.

TenneT actively contributes to the further integration of the European energy market and the development of a North West European electricity market (NWE).

A power forward contract is an agreement between two counter parties for the delivery of electricity at a certain time in the future for a certain price that is agreed and fixed at the start of the contract.

This shows that the energy sector is progressively moving away from conventional generation technologies towards a renewable energy scenario. Wind power was the leading technology in terms of new installation accounting for 32% (11,2GW) of the new installations in 2013, followed by solar PV with a 31% (11 GW) and gas with a 21% (7,5 GW).

They need a reliable partner that can provide independent market information (transparency) and market access (liquidity).

This slideshow provides general information that has, for education (illustration) purposes, been simplified for certain aspects.

Power Exchange mobilizes the bids and offers in the market for the Market Coupling: without this market participation, the Market Coupling would not work. Also, the exchange has to do substantial infrastructure investments and activities to participate in the Market Coupling.

Time allowance for special market procedures such as handling of curtailment situations or price threshold reached via a second auction used by CWE PXs or the NPS-applied regulated routines that include peak load capacity (production/load) reserves activation.

The modular infrastructure will support the entire market management operation from scheduling processes, to imbalance management, to settlement – all while maintaining optimal service and adaptability to future market conditions.

Aligning National Electricity Policy to recognize CBET as an integral part of the national electricity plan by reviewing existing electricity plan and review of laws, acts ,policies for identifying specific provision/clauses that impacts CBET.

Study on Review of Electricity Laws, Regulations, Policies (EL&R&P) & Legal Structure of South Asian Countries (SAC) to Identify Areas that can Hinder Cross Border Electricity Trade (CBET) and to recommend changes/amendments therein for consideration of the SAC.

Early phases of SARI/E concentrated on a “top down” process focusing on bringing parties together and identifying a decision making frameworks for developing projects.

The various issues like technical complexities, risk of national grid interconnection, potential economic and financial benefits from interconnections.

Identify technically and economically feasible cross border interconnections considering generation capacity additions in pipeline over next 20-30 years. Evaluate electricity available for cross border exchange.