UK-Netherlands electricity cable starts commercial operations
After 11 years of planning, the BritNed cable linking the UK to the Netherlands starts commercial operations at 11pm tonight (Thursday 31 March). Auctions took place on Thursday, with orders submitted to APX-ENDEX power exchanges in the UK and Netherlands, to be inputted into a market coupling algorithm which calculates optimum flows.
Bert den Ouden, chief executive of APX-ENDEX, believes the interconnector will benefit both markets. "You will see in practice this lead to a higher liquid day
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