Nemo Link couples the GB and Belgium power markets allowing electricity to be physically traded between both countries. The interconnector enables traders to buy up to 1000MW capacity in auctions over a number of timeframes:
- Long-Term (annual/ quarterly/ monthly) capacity is available through explicit auctions on the Single Allocation Platform managed by the Joint Allocation Office (JAO).
- Day-Ahead capacity is offered to the market via the Single Day-Ahead Market Coupling (SDAC) mechanism whereby interconnector capacity and energy are sold at the same time (implicit auctions).
- All available capacity after the Day-Ahead stage is offered to the market via Intraday explicit auctions run on JAO’s Auction Platform.
Acquired Long-term and Intraday capacity rights can be nominated via the Regional Nomination Platform.
- Version 0.1 03/09/2020
- Version 0.1 21/08/2020
- Version 0.2 03/09/2020