On the congestion market, energy trading platforms are digital marketplaces where market participants can trade flexible capacity via redispatch to help resolve grid congestion. These platforms facilitate electricity trading and allow participants to place bids to either increase or decrease their electricity production or consumption, depending on the needs of the electricity grid. This enables them to manage risks or take advantage of market opportunities.
GOPACS collaborates with trading platforms such as ETPA and EPEX SPOT, giving a wide range of market participants access to the congestion market. Within this collaboration, bids from multiple trading platforms can be combined into a single virtual order book. This bundling of flexibility bids from different platforms allows congestion issues to be addressed more efficiently and effectively.
Trading electricity via these platforms enables market participants to actively support the management of the electricity grid, while also gaining financial benefits by offering their flexibility.
