Category: Notices on Auctions

Nemo Link is pleased to announce the upcoming annual capacity auction for Calendar 2022 on 10th and 11th May 2021 on the JAO’s eCAT platform.

This auction will replace the CAL 2022 auction that was planned on 1^st and 2^nd June 2021.

Please note the information below in preparation for the GB <->BE CAL 2022 auction.

Auction 

Auction Opening

Auction Closing  

Direction

ATC Volumes

CAL 2022 (V)

12:00 CEST 10 May 2021

12:00 CEST 11 May 2021

Both

175 MW

Planned Outage:

Nemo Link published its planned maintenance period for 2022 as follows:

Start Time

Start Date

End Time 

End Date

Interconnector Capacity

07:00 (CEST)

19/09/2022

23:00 (CEST)

25/09/2022

0 MW

All Nemo Link’s planned maintenance schedules can be found on the Maintenance Programme Publications.

Loss Factor:

Please note that the Nemo Link Mid-point loss factor is 2.372%.

Collateral in place:

Please note that in order to be able to place bids in the annual auction, market participants are required to have in place collateral amounting to 1/12 of the highest value of bids (price x volume) entered for the annual product. Further information on credit calculation can be found in JAO’s Information System Rules (appendix 6, 7 & 8).

Should you have any questions or need further information, please contact the Nemo Link Customer Team.

Nemo Link is pleased to announce its 1st CAL2022 auction on the GB-BE border on 1st and 2nd March 2021 on the JAO’s eCAT platform.

Please note the information below in preparation for the CAL 2022 auction.

Auction 

Auction Opening

Auction Closing  

Direction

ATC Volumes

CAL 2022 (I)

12:00 CET 1 Mar 2021

12:00 CET 2 Mar 2021

Both

175 MW

Planned Outage:

Nemo Link published its planned maintenance period for 2022 as follows:

Start Time

Start Date

End Time 

End Date

Interconnector Capacity

07:00 (CEST)

19/09/2022

23:00 (CEST)

25/09/2022

0 MW

All Nemo Link’s planned maintenance schedules can be found on the Maintenance Programme Publications.

Loss Factor:

Please note that the Nemo Link Mid-point loss factor is 2.372%.

Collateral in place:

Please note that in order to be able to place bids in the annual auction, market participants are required to have in place collateral amounting to 1/12 of the highest value of bids (price x volume) entered for the annual product. Further information on credit calculation can be found in JAO’s Information System Rules (appendix 6, 7 & 8).

Should you have any questions or need further information, please contact the Nemo Link Customer Team.

Nemo Link will be holding its first ever auction for an annual capacity product in both directions for calendar year 2020 on 2^nd and 3^rd December 2019 on the Joint Allocation Platform.

Please note that all JAO’s registered participants are entitled to bid in this auction. Below you can find key information that may be helpful in preparation for the auction.

Auction Window:

Auction start time: 02/12/2019 12:15 CET

Auction end time: 03/12/2019 12:15 CET

Planned Outage:

Nemo Link published its planned maintenance period for 2020 as follows:

Start Time
07:00 (CEST)

Start Date
21/09/2020

End Time
23:00 (CEST)

End Date
2/10/2020

Interconnector Capacity
0 MW

All Nemo Link’s planned maintenance programmes can be found on the Maintenance Programme Publications area on our website.

Collateral in place:

Please note that in order to be able to place bids in the annual auction, market participants are required to have in place collateral amounting to 2/12 of the highest value of bids (price x volume) entered for the annual product.

Below is the potential liabilities formula that JAO will use to calculate collateral requirements:

Further information on credit calculation can be found in JAO’s Information System Rules (appendix 6, 7 & 8).

If you have any questions, please contact the Customer Team.

Market Decoupling event on 7^th June 2019

As you will have been aware, on Friday 7^th June, EPEX SPOT encountered technical issues in the Day-Ahead auction which impacted the Belgium and GB markets. Further information on the event can be found here.

As a fall-back solution for Market Coupling, Nemo Link through the Joint Allocation Office ran its shadow day-ahead explicit auctions which took place at 12:35 CEST 7^th June. However, as only default bids are accepted for shadow auctions on JAO’s eCAT system and there were no default bids for the GB-BE border before the event, the auctions cleared at 0MW.

Nemo Link (with the support of JAO and Elia’s operations teams) carried out additional processes at very short notice to provide customers with additional trading opportunities and ran an extra day ahead explicit auction at 18:30 CEST 7^th June. All available transfer capacity in the direction BE to GB was allocated in which 4 market participants managed to obtain the physical transmission rights and nominated all the acquired capacity through the Regional Nomination Platform RNP successfully.

Nemo Link’s Shadow Day Ahead Explicit Auctions

Even though cases like this are extremely rare, as proven on 7^th June, it can happen. In order for market participants to be ready for the possibility of a similar event in future and if you would like to utilise Nemo Link’s Shadow Auction, the following are required:

• Registered as a physical customer with Nemo Link to have the ability to nominate
• Have indicated with JAO to participate in Shadow Auctions for the GB-BE border (have sent Amendment No. 6 to the JAO’s Participant Agreement or send the Modification Request to include GB-BE border).
  -> All the relevant documents and forms requested for registration are available on the JAO website under the “Support” tab / “Resource center” in the “Registration” Section (scroll down in the panel on the left)
• Have entered default bids in JAO’s e-CAT for Shadow Auctions on GB-BE border

If you have any questions about this process or wish to talk to someone about the systems involved, please contact the Customer Team.

Market participants will be aware that Multi-Regional Coupling was unable to achieve results today.  This means JAO used the Shadow Auction Rules instead to allocate cross border capacity explicitly, as is the defined back-up procedure.

Nemo Link will be holding an additional explicit Day Ahead auction at 18:30 CEST this evening.  However, only those market participants that are physically registered with Nemo Link and have indicated to participate in Shadow Auctions with JAO for the GB-Belgium border will be able to participate, as nomination of won capacity rights will need to be nominated in the RNP system.  Those wishing to place bids will be required to update their default bids in the JAO system.

Market participants are invited to enter their default bids in SAP before 18:30 CEST.

Market participants will be able to nominate capacity between 19:00 CEST and 19:30 CEST in the Regional Nomination Platform RNP.

If you have any questions about this process or wish to talk to someone about the systems involved, please contact the Customer Team.

June 2019 Monthly Capacity

Between 12:00 pm (CEST) on 6^th May and 11:59 am (CEST) on 7^th May 2019 Nemo Link is pleased to announce that market participants will have their first opportunity to buy physical long term transmission rights.  The capacity auctioned will be for the month of June 2019 and will be sold via the Single Allocation Platform, hosted by the Joint Allocation Office.  100 MW will be offered in each direction in these auctions.

For further Nemo Link’s scheduled auctions, please view our Auction Calendar.

If you have any questions about this process or wish to talk to someone about the systems involved, please contact the Customer Team.

Nemo Link today publishes its first Long Term Physical Transmission Rights auction calendar to be executed by JAO via the Single Allocation Platform (SAP). The schedule shows a number of auctions to be held for monthly and quarterly products in 2019 and the first annual product auction for 2020.

Download the Long Term Physical Transmission Rights auction calendar