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Successful joint launch of the Central West European price market coupling and the Central West European-Nordic tight volume coupling

A decisive step towards a single European Electricity Market
The partners of Central West European (CWE) and Nordic countries are pleased to announce that a decisive step towards the integration of the European electricity market has been taken. This innovation entails the simultaneous launch of two new initiatives on 9 November: the CWE price market coupling and the CWE-Nordic region Interim Tight Volume Coupling (ITVC). European consumers will thus benefit from the economic optimisation resulting in a more efficient use of the power system in the region, convergence or equalization of prices, improving social welfare and security of supply.