Published Date: 05 Mar 2018

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    Electricity & Gas

Forward Capacity Allocation Regulation

The EU Network Code on Forward Capacity Allocation (FCA) deals with rules for the electricity cross-border forward markets and entered into force on 17 October 2016. The forwards markets, which offer long-term products, play an important role in allowing market participants to secure capacity on cross-border lines a long time in advance. The provisions of the FCA Regulation establish a framework for the calculation and allocation of interconnection capacity, and for cross-border trading, in forward markets (i.e. timeframes longer than day-ahead).