Category: Notices on Auctions

Upcoming CAL2022 on GB-BE border_10 & 11 May

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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 1st and 2nd 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.

 

1st CAL2022 on GB-BE border

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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.

 

1st CAL2021 annual auction on the GB-BE border

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Nemo Link will be holding its first annual auction capacity in both directions for calendar year 2021 on 7th and 8th September 2020 on the eCAT Auction Platform from the Joint Allocation Office.

Below you can find key information that may be helpful in preparation for the auction.

Physical firmness:

We would like to confirm that in the event of an unplanned outage on the Nemo Link Interconnector, the final nominations (nominated capacity for which the final nomination gate and Day-ahead firmness deadline has passed) will continue to be treated as physically firm.

Offered Capacity:

GB-BE
BE-GB
100 MW
100 MW

Auction Window:

Auction start time
Auction end time
07/09/2020 12:00 CEST
08/09/2020 12:00 CEST

Planned Outage:

Nemo Link published its planned maintenance period for 2021 as follows:

Start Time
Start Date
End Time 
End Date
Interconnector Capacity
07:00 (CEST)
20/09/2021
23:00 (CEST)
26/09/2021
0 MW

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

Loss Factor:

Please note that the new Nemo Link Mid-point loss factor is now 2.372% (previously as 2.6% prior to 01/09/2020 ).

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).

 

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

Get ready for Nemo Link Cal 2020 Auction

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Nemo Link will be holding its first ever auction for an annual capacity product in both directions for calendar year 2020 on 2nd and 3rd 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.

Nemo Link’s first intraday auctions start tomorrow

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The first intraday auctions on Nemo Link start tomorrow.  Market Participants will have the option to use hourly nomination gates to optimise their positions – a first for a Channel interconnector.

Following helpful questions from our recent intraday workshop, further details on auction and nomination gates, treatment of losses, rounding, and outage communications can be found here.

The first intraday auction will be held tomorrow on the JAO’s eCAT platform between 09:30 and 09:55 CET. Below is a snap shot of all intraday auctions taking place tomorrow:

Date Auction Time (CET) Delivery period (CET)
14th November 2019 09:30 – 09:55 12:00 – 18:00 14th November 2019
14th November 2019 15:30 – 15:55 18:00 – 24:00 14th November 2019
14th November 2019 21:45 – 22:10 00:00 – 06:00 15th November 2019

From 15th November 2019, auctions will be held according to our Intraday Auction Schedule.

 

Nemo Link Shadow Day Ahead Auction in the event of Decoupling

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Decoupling Event – Extra Day Ahead Nemo Link Auction @ 18:30 CEST 7th June for delivery day 8th June

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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.

First monthly capacity available for auction on the GB-Belgium border

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June 2019 Monthly Capacity

Between 12:00 pm (CEST) on 6th May and 11:59 am (CEST) on 7th 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.

1st auction poster

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.

Contact Us

Please get in touch if you would like to explore trading opportunities or discuss any matters related to Nemo Link.

Customer, Regulation & Policy Manager, Nick Pittarello +44 (0)1926 656 261
Correspondence address: Nemo Link Limited, Rue Joseph Stevens 7, 1000 BRUSSELS, Belgium

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