Decision on the amended all NEMOs' proposals for the price coupling and continuous trading matching algorithms, day ahead products, intraday products and back-up methodology
Decision
Publication date
Industry sector
Generation and Wholesale Market
On 13 November 2017, we received the following amended proposals prepared by all Nominated Electricity Market Operators (NEMOs), in accordance with Articles 36(3), 37(5), 40(1) and 53(1) of the guideline on Capacity Allocation and Congestion Management (the CACM Regulation):
- price coupling algorithm and continuous trading matching algorithm (‘the algorithm proposal’)
- products that can be taken into account by NEMOs in single day-ahead process (‘the day ahead products proposal’)
- products that can be taken into account by NEMOs in intraday coupling process (‘the intraday products proposal’)
- back-up methodology (‘the back-up proposal’)
The amended proposals were submitted to us by the two NEMOs designated in Great Britain (GB), EPEX SPOT SE and Nord Pool AS.
This letter sets out our decision to approve the day ahead products, intraday products and back-up proposals, pursuant to Article 9(12) of the CACM Regulation, and request the Agency for the Cooperation of Energy Regulators (Agency) to adopt a decision on the algorithm proposal. This letter outlines the necessary next steps.