INTRODUCTION AND MOTIVATION
The rapid expansion of offshore wind generation and the growing need for cross-border electricity exchange in Europe have intensified interest in integrated offshore grids—shared infrastructures that combine wind power collection with interconnection capacity. The Baltic Sea, with its shallow waters, favorable wind conditions, and central location, stands out as...
The European electricity market has made significant progress in liberalization and regional integration. These efforts aim to reduce costs, improve grid efficiency, and support decarbonization. One of the key tools in achieving these goals is Flow-Based Market Coupling (FBMC). FBMC replaces the older Net Transfer Capacity (NTC) method by using real-time physical grid constraints, rather than...