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Development of a market coupling simulator for the eight region
Market Coupling will form an inevitable step forward for the Energy Community Contracting Parties in line with the European Target Model for the Day-ahead Electricity Wholesale Markets. This form of implicit trading of energy, where the commodity electricity is traded in one-step across bidding zone borders together with the cross-zonal capacities, supports the stable formation of prices, reduces transaction costs. It hence promotes the proper functioning and development of competitive markets. In order to educate and train stakeholders on the processes related to this method, a close to reality simulation was developed by EKC and DMS Group for the Energy Community Secretariat.