Integration of Central West Europe spot electricity markets: An update

This paper aims to assess the level of integration of the Central-West Europe (CWE: Germany - EEX, France - Powernext, the Netherlands - APX, Belgium - BPX and Luxembourg) regional electricity spot markets created under the initiative launched by the European Regulators Group for Electricity and Gas and essential to comply with the targets set in the Florence Regulatory Forum. As always, the integration of the European Central-West regional electricity spot markets relies on the physical interconnection between the transmission systems. Development of interconnection capacities within the region has been pursued as reported by the different Transmission System Operators, recognising that interconnection capacity is considered to be a critical factor to ensure market integration.