Starting on 14 January, a first subset of European borders will transition to a 30-minute Intraday Cross-Zonal Gate Closure Time (IDCZGCT), which includes the border between croatian and slovenian bidding zone. This first step toward shorter lead times enhances flexibility and liquidity in intraday trading, bringing operations closer to real time and supporting efficient, integrated EU markets.
Key Advantages of the 30-Minute IDCZGCT:
- Enables cross-border trading until 30 minutes before delivery, improving market flexibility and responsiveness.
- Facilitates better integration of weather dependent renewable generation by allowing adjustments closer to real time, reducing forecasting errors.
- Shorter lead times increase intraday market liquidity and support efficient price formation accross Europe.
- Shorter lead times also help reduce balancing needs and associated costs by enabling market participants to react closer to real time, minimizing imbalances.
Implementation will occur gradually, with each go-live moving us closer to a fully harmonized European intraday market.
Every step represents joint progress toward a more integrated, competitive, and transparent energy market.
By 2029, almost all borders will apply the 30-minute IDCZGCT, completing the transition to a harmonized intraday framework across Europe.