TGE’s Day-Ahead Market celebrates its 25th anniversary

On 30 June 2000, the first session was held on the DAM for electricity with delivery on 1 July 2000. The Day-Ahead Market initially operated based on a local model and the quotations were held for 24 hourly instruments with a single fixing. As the European integration advanced, a pan-European market (single electricity market) was established, with TGE playing an active role in its creation for the last 15 years. 

Over the course of 25 years, the range of instruments has expanded to include a selection of block orders, and a continuous trading has been introduced as an alternative to the fixing system. Following their implementation planned for this year, 15-minute instruments will start to be offered in addition to the hourly and block instruments currently in place.

Day-Ahead Market quotations – prices and volumes 2000 vs. 2025: