Study on EU Electricity Markets in January and February 2017

The study focuses on the electricity markets of Bulgaria, Greece, Romania, France and Italy and actions taken during the severe weather conditions of January 2017. The study seeks to show how the markets and countries most concerned responded to the tightening supply and demand balances in the electricity market. The study focuses mainly on measures that impacted cross-border electricity trading and day-ahead prices. The study also shows that decisions on export reductions or curtailments have implications on a regional scale. Well organised and dynamic cooperation among TSOs and authorities is therefore absolutely necessary. Lastly, the study highlights the necessity of identifying and correcting market distortive measures and implementing market measures in the context of changing temperatures and market conditions.