Merchant Interconnection in the Internal Energy Market: Implications of the Network Code on Capacity Allocation and Congestion Management
This study investigates the impact of the Network Code on Capacity Allocation (CACM) on the merchant approach to interconnector development. It also situates CACM in the context of the EU, analysing the progress it makes towards a functioning single market for electricity across European Member States. Known as the Internal Energy Market (IEM), the EU has worked to achieve a single market for over