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Why do transmission capacities have to be allocated for different timeframes?

April 26, 2017allocated capacities different timeframes transmission

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Why do transmission capacities have to be allocated for different timeframes?

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TSOs have to define an appropriate structure for the allocation of capacities between different timeframes. This means that TSOs have to define which proportion of their transmission capacities will be allocated on a short-term basis (such as one day ahead) and which proportion will be made available for longer periods (such as for whole calendar years).