The participants in the electricity markets need transparency in order to make critical decisions:
- risk hedging
- schedule maintenance periods
- decide investment based on price levels forecast
Transparency is probably the most effective way to support the decision-making process.
Transparency can mean having a clear algorithm used to run single day-ahead coupling, with a minimal set of products tradable, looking for the maximum welfare.
Transparency can also mean having a clear vision of the transmission network, also in term of critical network elements, contingencies and remedial actions.