The Amsterdam Power Exchange (APX) and Elia have asked us to analyse the conditions required for the successful introduction of a Belgian day-ahead market in electricity. We focus on:

  • Determining whether the conditions exist in Belgium for the introduction of a successful day-ahead market.
  • Determining the appropriate geographic boundaries of the day-ahead market: whether Belgium should integrate with France, the Netherlands or neither.
  • Performing quantitative analyses relevant to the potential integration among markets.

To determine whether conditions exist for a successful day-ahead market in Belgium, we examine both the supply-side and demand-side. On the demand-side, the key issue is the progress of market opening, which will create customers who could potentially participate in the day-ahead market. On the supply-side, we focus on the concentrated ownership of generation capacity in Belgium and the current dearth of potential participants.

View Report