The first task within the TRINITY Cross-Border Market Coupling Framework was to conduct a survey and create a report about the status of the intraday, OTC (over the counter), and reserve markets in the TRINITY region. This task was appointed to EKC partner, as the task leader, with the support of SEEPEX.
The “Intraday and reserve markets analysis” will provide an overview of the current state of the national intraday and reserve markets in the region and existing plans for future development and cover the existing European implementation projects and the relevant implications to the South-Eastern Europe (SEE) region. Since TRINITY aims to improve cross-border integration of markets (intraday and capacity), this task will try to point out all potential problems that could emerge, either operational or legislative. One of the main problems is the fact that the 3rd Energy Package is not yet fully transposed in most of the SEE countries. That, and the fact that regulatory and market rules are also not harmonized in SEE countries, presents itself as the biggest challenge in the development of an integrated market. Also, since this project tackles both EU and non-EU countries, the harmonization of legal and operational obstacles is of utmost importance.
It is expected to have the final version of the document by the end of January 2021, which will mean that the deadline for this deliverable has been met with success.