The contract covers market design and regulation related to the electricity market and extends across the forward, day-ahead, intraday, over-the-counter, balancing, re-dispatch and ancillary services markets, as well as consideration of markets for capacity. THEMA’s initial work under the contract includes consideration of international TSO cost benchmarking and, separately, how Svenska kraftnät can auction financial cross-border hedging contracts.
The framework agreement represents a continuation of THEMA’s work helping multiple system operators to understand and respond to the regulatory and market design questions arising from the energy transition and closer European market integration.
