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 market coupling - description of the model
www.mercatoelettrico.org
The market coupling on the Italian border is based on the coupling model developed by the PXs participating in the Price Coupling of Regions (PCR), of which GME is "full member[1]”.

The PCR implements a decentralized price coupling mechanism, whereby the PXs affected by the coupling coordinate their operations, without prejudice to their respective activities on a local basis. To ensure high-quality results, GME and others PXs of the PCR implement a common matching algorithm (Euphemia), able to replicate the rules of matching that each PX implements on its local market.


[1] Full members shall mean the PXs fully participating in the PCR having signed all the contracts and being co-owners of all PCR assets.

 
 
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