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Go-live of the European Cross-Border Intraday Market - XBID Project 
 
 

On June 11, the Portuguese NRA (ERSE) approved the procedures and regulation that enable the go-live of the Pan-European Cross-Border Intraday Market (XBID project).

XBID is a joint initiative between European Energy Exchanges and TSOs to create an integrated and continuous intraday market across Europe. The first phase of the XBID project will go-live on the 13rd of June 2018, and will provide continuous intraday electricity trading in the following countries: Austria, Belgium, Denmark, Estonia, Finland, France, Germany, Latvia, Lithuania, Norway, the Netherlands, Portugal, Spain and Sweden. The participation of the remaining countries is expected in the second phase, which will most likely take place in 2019.

This project will enable a market participant to trade with any other market participant from any other country, within the project's scope, as long as transmission capacity is available.