The England-France Interconnector (Interconnexion France-Angleterre, or IFA) is a powerful high-voltage DC transmission cable that stretches between England and France. In 2002, it was jointly owned by the National Grid Company (NGC) and the Réseau de Transport d’Electricité (RTE). The IFA serves to enable 2,000 MW of electricity to travel in either direction between the two countries’ national electricity grids. Interconnectors such as the IFA were initially built to provide an emergency backup for existing systems during shortages or plant outages. By 2002 however, new opportunities for using the IFA had arisen. EU directive 96/92EC, adopted in 1997, launched the single European market in energy. As member states began liberalising their electricity sectors, a new inter-European market for electricity began to develop and transmission capacity on the IFA became a valuable commodity. Originally contracted exclusively to Electricité de France (EdF), the IFA was opened to third parties in April 2001. With energy prices and demand varying in each market, requests for IFA capacity had increased. Access rules for allocating capacity had been drawn up in preparation for April 2001. Now, 18 months later, those managing the IFA were wondering if the auction system they had in place best served their needs and those of the market.

Cross border electricity trading and market design: the France-England Interconnector

OTTAVIANI, MARCO M.
2004

Abstract

The England-France Interconnector (Interconnexion France-Angleterre, or IFA) is a powerful high-voltage DC transmission cable that stretches between England and France. In 2002, it was jointly owned by the National Grid Company (NGC) and the Réseau de Transport d’Electricité (RTE). The IFA serves to enable 2,000 MW of electricity to travel in either direction between the two countries’ national electricity grids. Interconnectors such as the IFA were initially built to provide an emergency backup for existing systems during shortages or plant outages. By 2002 however, new opportunities for using the IFA had arisen. EU directive 96/92EC, adopted in 1997, launched the single European market in energy. As member states began liberalising their electricity sectors, a new inter-European market for electricity began to develop and transmission capacity on the IFA became a valuable commodity. Originally contracted exclusively to Electricité de France (EdF), the IFA was opened to third parties in April 2001. With energy prices and demand varying in each market, requests for IFA capacity had increased. Access rules for allocating capacity had been drawn up in preparation for April 2001. Now, 18 months later, those managing the IFA were wondering if the auction system they had in place best served their needs and those of the market.
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Utilizza questo identificativo per citare o creare un link a questo documento: http://hdl.handle.net/11565/3735116
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