SAVE THE DATE for Nemo Link’s 1st CAL25
Nemo Link are pleased to announce the introduction of our new Y+2 product, 1st time ever auctioning capacity 2 years ahead of delivery on the GB-BE border.
The first CAL25 on the GB-BE border will be held on 7 and 8 June 2023 on JAO’s e-CAT platform.
VOLUMES
50 MW will be offered in both directions.
COLLATERAL REQUIREMENTS
To participate in this auction, Bank Guarantees (Letter of Credit) will need to be valid until at least 4th March 2025.
Alternatively, for cash on deposit, once successful in the auction, 1/12th of the total value of this yearly capacity will be decreased from your credit limit until December 2024.
UPDATED AUCTION CALENDAR
The Nemo Link Updated 2023 Auction Calendar can be found HERE.
The calendar also includes provisional dates for CAL25 (II) and (III) in September and November. We expect to offer similar volumes in these auctions to CAL25 (I).
If you have any questions regarding this product or require any further information on any other matters on Nemo Link, please don’t hesitate to contact the Nemo Link Customer Team.
