Market Coupling Operator (MCO Plan)

In accordance with Article 7 (3) of Commission Regulation (EU) 2015/1222 of 24 July 2015 laying down a guideline on capacity allocation and congestion management, all NEMOs (nominated electricity market operators) of the EU forwarded a Plan that establishes how to jointly implement and operate the functions of Market Coupling Operator (MCO Plan). This Plan was approved by all EU National Regulatory Authorities on June 26, 2017. The approval of the MCO Plan represents a significant milestone in the implementation of this Regulation and in the implementation of the Internal Energy Market.

This Plan establishes a framework that will allow the development and smooth operation of the day-ahead and intraday market coupling in all the Member States in the coming years. The ratification by the National Regulatory Authorities of the MCO Plan confirms:

1. The adoption of the "Price Coupling of Regions" (PCR) solution as the basis for pan-European day-ahead market coupling,
2. The adoption of the intraday cross-border solution (XBID) as a basis for the intraday-pan-European coupling,
3. The role of the NEMO Committee as the body officially responsible for overseeing the future establishment, development and operation of the MCO functions.

mco_plan_english.pdf (406.61 KB)