XBID
In the European context, the CACM Regulation 2015/1222 established the Target Model for the European integrated electricity market in the intraday timeframe, providing that the European Single Intraday Coupling (SIDC) should be based on energy trading under a continuous trading mechanism, in which the interconnection capacity available between the different zones of the SIDC is implicitly allocated simultaneously with the matching of buy and sell orders submitted in different zones.
The European SIDC solution is based on a centralised IT platform, called XBID . The platform integrates the continuous-trading intraday markets of 25 countries: Austria, Belgium, Bulgaria, Croatia, Czech Republic, Denmark, Hungary, Estonia, Finland, France, Germany, Greece, Italy, Latvia, Lithuania, Luxembourg, the Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, and Sweden.