On Friday 10 January, the EU Agency for the Cooperation of Energy Regulators (ACER) published a new tool for simulating price correlations for forward electricity trading with the potential prices of virtual hubs.
The simulator aims to provide statistical information to support the recommendations of ACER’s 2023 policy paper, which highlighted the need to further develop the EU electricity forward market.
The tool shows the correlations between prices in any EU electricity auction zone...