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EU grid operators’ cross-border compensation reached new high in 2023

( March 12, 2025, 14:57 GMT | Official Statement) -- MLex Summary: Compensation for grid operators in the EU covering the costs of hosting cross-border power flows registered a new record in 2023, according to the annual report on the implementation of the Inter-Transmission System Operator Compensation — or ITC — mechanism, published today by the energy watchdog ACER. The ITC fund reached a record for the fifth consecutive year in 2023, when it rose 105 percent compared with 2022, ACER said.Press release follows. Report attached....

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