Slovakia could soon join the electricity market by intraday – Economy – News



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The national electricity market could be unified within the European Union by 2021. Slovakia could join in the second half of next year. The head of the OKTE Juraj Šedivý responsible for the International Organization of Short-Term Electricity Market (OKTE)

"The XBID project currently comprises 14 countries in Western Europe,
in operation since June 2018. It has started to grow since 2009, no longer
the design was not considered a pan-European platform
solution. In 2017, however, at European level, it was decided to do so
the project must form the basis of the target solution. The project was at that moment
in a state of development such that the accession of the other Member States would be
was the extension of the start date, so it was defined
process of access at a later date. They also belong to Slovakia. for
Slovakia is the first possible term of the third quarter of 2019, or
in mid-2020, "said Gray.

According to Gray, this change is interesting for market players,
such as traders, producers or electricity providers.
"Slovak end-users will not really feel this integration.
the market participant is experiencing better processes, in the biggest market to buy electricity,
or sell it. The process of cross-border buying / selling of electricity
easier. Increase product selection and purchase / sale options. this
the platform will allow, for example, to negotiate more flexibly the electricity
from renewable sources, "added Gray.

The internal market for electricity allows an hour of buying and selling electricity
before its physical delivery.

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