Author: Munti Nguyen

Nemo Link, safeguarding the future while preserving the past

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We hear more and more about the vital role of interconnectors in connecting to a Net Zero future but we’re not often told how the past can be rediscovered and preserved in the build of an interconnector… It’s the story of the Nemo Link Interconnector and the discovery of a mysterious 18th century cannon.

Discovery of the cannon

Pegwell Bay, the location of the Nemo Link connection point in England, is already famous in history as the landing site of Julius Caesar’s invading Roman army in 54BC.  Before construction, Nemo Link commissioned Wessex Archaeology to undertake a programme of specialist archaeological consultancy for the UK element of the marine cable route. The survey data relating to the cable route were assessed for archaeology, which identified ‘anomalies’ that could be damaged by, or cause damage, during the laying of the interconnector cables.

In 2016, a magnetic anomaly was identified during one of these surveys, off the Kent coast (South East England) that indicated buried metal material that could be of archaeological interest. The site was visually inspected the following year by marine archaeological experts using a Remotely Operated Vehicle (ROV) that identified it as a heavily concreted cannon. The object was recovered from the seabed and taken to Wessex Archaeology’s Coastal and Marine department in Salisbury, Wiltshire for further analysis.

Interesting features and findings to the gun’s history

When the cannon was lifted, it was covered in a thick ‘concretion’ of natural marine material which had built up on its surface over the centuries spent on the seabed.

The cannon’s lead apron, which covered the touch hole where the gun was lit, was still attached with retaining strings, suggesting that the gun was still in use when it was lost.

The cannon’s tampion – a wooden stopper used to close the muzzle of the gun barrel – was found sealing its bore, suggesting it could have been loaded at the time of its loss.

The shape and proportions of the cannon suggest it was cast to the ‘Borgard pattern’, meaning it is likely to have been cast between 1715 and 1727. Three pounder guns such as this one were often used as a defensive measure by merchant ships.

Relocation of the cannon

The Wessex Archaeology team have also helped Nemo Link design a bespoke display case for this interesting discovery to contribute to the cannon’s long-term preservation. The cannon is now installed in its custom case, made by conservation experts Armour Systems and showcased in our office at 35 Homer Road, Solihull, UK.

We are excited to showcase this piece of history while continuing to play our part in accelerating to a clean energy future.  Perhaps in 300 years a part of Nemo Link, our interconnector will also be proudly on display explaining how it enabled the sharing of renewable energy across Europe?

Request for Feedback: 30 Minute Intraday Product Design Options

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In line with the EU target model including an ambition to enable intraday cross-zonal capacity products of a duration less than the current one hour, Nemo Link are considering amending its intraday product from an hourly to an half-hourly product.

We have written a very short document with 3 possible design options and would be very grateful for your feedback.

If you have an interest in intraday trading on Nemo Link, please respond to this request for feedback via the Nemo Link’s mailbox (customer.service@nemolink.co.uk) by 30th July.

If you would like to discuss the proposal in detail or have any questions prior to submitting your feedback, please do not hesitate to get in touch.

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.

 

UK TSOs publish Cost Benefit Analysis on Loose Volume Coupling

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The Trade & Cooperation Arrangement (TCA) between the United Kingdom and the European Union sets out proposed trading arrangements to replace the UK’s membership of the Single Day Ahead Coupling (SDAC) market. Annex ENER-4 of the TCA sets out the broad requirement for this new market design, known as Loose Volume Coupling (LVC). Under LVC, the volume and flow of interconnectors between the UK and EU bidding zones directly connected to the UK are determined independently from the pan-EU SDAC market process.

As set out in the TCA, a first step in the development of the LVC solution is the delivery of a Cost Benefit Analysis (CBA). Relevant UK and EU TSOs have worked together with their consultancy partners (CEPA) to publish this first stage deliverable which can be found at the link below.

UK TSOs would like to invite wider stakeholder feedback from across the industry on the published CBA report and the supporting presentation. While the TCA sets out a formal consultation period for the development of technical procedures at a later stage, general industry feedback on the broad design of LVC as set out in the report and presentation is a key first step in the progression of the solution.

Please provide your feedback to the Nemo Link’s Customer Team or directly to any of the UK Interconnectors, ideally by 17 May 2021:

  • BritNed Development Limited
  • EirGrid Interconnector DAC
  • ElecLink Limited
  • Moyle Interconnector Limited
  • National Grid Ventures (representing IFA, IFA2 and NSL)

Industry feedback sessions are planned as follows:

  • UK – EFET-Energy UK TCA Forum (11th May)
  • UK – Joint European Stakeholder Group (11th May)
  • SEM – All Island Industry Forum (29th April)

Please contact us or any of the UK Interconnectors if you would like feedback to be shared with any other industry group not listed here.

The CBA and associated documentation is published here:

The EU TSOs will present the main findings of the CBA on the MRLVC in a workshop taking place on 4th May 2-4:30 PM CET. If you are interested in participating, please register here: https://attendee.gotowebinar.com/register/7281844923501461264

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.

 

Nemo Link’s Revised Day Ahead Timings GO-LIVE 16/03/2021

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Following regulatory approval of its revised Access Rules, Nemo Link confirms that the following main changes to processes will apply from 16th March 2021:

  • The Long Term Nomination Gate Closure will be brought forward from 09:00 CE(S)T D-1 to 08:45 CE(S)T D-1
  • The Day Ahead Auction start time will be brought forward from 09:40 CE(S)T D-1 to 09:00 CE(S)T D-1
  • The Day Ahead Auction close time will be brought forward from 10:10 CE(S)T D-1 to 09:30 CE(S)T D-1
  • The Day Ahead Firmness Deadline will be brought forward from 11:00 CE(S)T D-1 to 09:00 CE(S)T D-1

These change will apply from 16th March 2021 for delivery on 17th March 2021.  Nemo Link invites interested parties to note these new timings and make adjustments to systems and processes to accommodate them.

Details of the cutover plan from the current process to the new process and further information can be found here.

As always, the Nemo Link customer team remains available to answer any questions.  Please do not hesitate to reach out to us.

Nemo Link celebrates another outstanding performance in the extraordinary year of 2020

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It’s fair to say 2020 was an extraordinary year for the world and for Nemo Link, the first ever UK- Belgium interconnector in its second year of operation, it has also marked another outstanding year of performance despite its challenges.

Highest availability of its kind

The Nemo Link Interconnector celebrates the end of 2020 with 99.17% availability, continuing to be one of the highest performing assets of its kind in the world. In 365 days of continuous operation, Nemo Link only had 6 hours of unplanned outages and 67 hours of planned maintenance work, even with all planning and execution right in the middle of a pandemic. In 2020, Nemo Link had 2 periods of operating with no interruption at all (198 days in Q1 & Q2 and 99 days in Q4). On safety, Nemo Link had no accidents on site over the year and more importantly, the interconnector managed to operate safely and efficiently with all essential COVID safety measures in place.

Commercial achievement

On the commercial front, it has been a busy year for the team preparing for Brexit to ensure a smooth transition following GB’s departure from the EU’s Internal Energy Market.  This includes operational system and procedure readiness to extensive engagement with customers, regulators and stakeholders. On 31st December 2020, Nemo Link successfully ran its 1st explicit day ahead auction, ensuring power continued to flow between GB and Belgium without any interruption in the new trading arrangement. With 62% of its capacity already having been locked in at solid prices for 2021, Nemo Link was heading into 2021 with a good start.

2020 was also the first full year that Nemo Link has run its Intraday product with hourly nomination gates.  Nemo Link’s intraday product allows our customers to quickly react to volatility after day-ahead market closure and 19th April 2020 was a particularly good example of its impact. On the day, solar production in Belgium fell significantly below the day-ahead forecast, resulting in a short Belgian system and imbalance prices of up to 359€/MWh. Nemo Link’s intraday customers reacted by reducing exports to GB, thereby helping to restore the demand-supply balance.

After the first full year of successful operations, Nemo Link also reviewed its observed losses and announced the new Loss Factor which was lowered from 2.6% to 2.372%, effective from September 2020. This has been highly received by our customers as it brings more efficiency for every Megawatt that they intend to flow on the Interconnector.

In summary, it’s been an exceptional year providing the market with world class asset availability, a wide product mix, a reliable trading and nomination system, and a strong customer focus which has rewarded Nemo Link with another outstanding 86% customer rating for Ease-of-doing-business.  We aim to continually improve and have a strong foundation from which to build.

Customs declarations post Brexit

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In preparation for GB’s departure from the IEM on 1st January 2021, we wish to inform you of the changes that will take place on customs declarations when trading electricity between GB and Belgium.

Great Britain:
In the UK, Nemo Link will make import/export declarations on behalf of market participants for flows on the Nemo Link Interconnector.  There are therefore no further actions market participants need to take in the UK.

Belgium:
We were informed that in Belgium, network operators are not permitted to make customs declarations and therefore all market participants will need to make their own customs declarations to the Belgian authorities. According to the information provided to us, market participants that are non-EU registered can only make customs declarations through an EU customs agent or other EU-based affiliate.

We have translated from Dutch a recent communication from the Belgian customs authorities in relation to customs:

IMPORT AND EXPORT OF NATURAL GAS AND ELECTRICITY THROUGH FIXED INSTALLATIONS 

INTRODUCTION
Goods imported or exported through a system of pipelines or high-voltage lines, referred to in the Code as 'fixed installations', are subject to a number of customs simplifications.
They are always considered as being under Union transit. Presentation to customs is also deemed to have been completed. In addition, they are exempt from the summary declaration, 
the temporary storage procedure and the provision of a guarantee. 
However, this does not mean that there can be an exemption from the customs declaration. 

THE TRANSIT PROCEDURE AND THE OBLIGATIONS OF SYSTEM OPERATORS
The operators of the permanent establishments may use the legal fiction which considers that the goods have been placed under Union transit. 
A registration in NCTS is therefore not necessary. The Customs Code also exempts these movements:
- The entry summary declaration (ENS)
- Provision of a security
- Bringing under the Temporary Storage Scheme

The scheme is deemed to be terminated when an operator declares the volumes of gas or electricity through an entry in the records (see below). 
 
LODGING THE CUSTOMS DECLARATION
The import and export via fixed installations is in reality a continuous process. That is why it is advisable to comply with the declaration formalities by means of an entry into the declarants records (EiDR). 
After registration, the goods can be released for free circulation or exported.
In order to make the declaration process final, one global declaration of type Z must be submitted monthly or, if necessary, weekly for each operator. 
The possibility to submit these globalised declarations is part of the EiDR authorisation. 
 
WHO HAS TO DECLARE THESE GOODS?
Customs legislation does not provide for any derogations in this respect. The declaration must be made by the users of the network and not by the operators. 
A customs representative can carry out the formalities on behalf of these operators using the EiDR authorisation. 

AUTHORISATION EIDR
Explanatory notes and the application forms for the EiDR authorisation can be found on the website of the customs authorities. 
Please note that although the criteria for obtaining the authorisation partly coincide with the conditions for the authorisation Authorised Economic Operator (AEO), 
holding an AEO authorisation is not necessary for obtaining EiDR.

If you require a Belgian-based EU customs agent, we suggest ALS Customs Services N.V.  could potentially assist you further in this matter. Please contact Danny Proost (dproost@als-cs.com) for further assistance.

Further information on the authorisation for Entry in the Declarant’s Records (EiDR) in Belgium can be found here.

Please let us know if you have any difficulties with customs, we have an opportunity to feedback to the European Commission by 15th December.

If you require any further information or assistance leading up to Brexit, as always, please do not hesitate to contact the Customer Team.

Notice to bring into effect Nemo Link’s Non-IEM Access Rules

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Ofgem and the CREG approved Nemo Link’s Non-IEM Access Rules on 18th October 2019. These Access Rules were developed for the scenario where, following its withdrawal from the European Union, the United Kingdom ceases participation in those platforms and mechanisms associated with the Internal Energy Market.

This notice, made in accordance with Article A5.1 of the approved Non-IEM Access Rules serves to bring Nemo Link’s Non-IEM Access Rules into effect for capacity delivered from 1st January 2021. Please visit our Brexit page for details on the cut-over date and further relevant information.

Nemo Link reserves the right to amend or withdraw this notice in the unlikely event the United Kingdom remains inside the Internal Energy Market. Should this occur, Nemo Link shall publish a further notice to market participants.

Please contact us on customer.service@nemolink.co.uk if you have any queries.

 

Nemo Link’s Brexit Webinar – 9th November 2020

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Nemo Link is delighted to invite interested market participants and stakeholders to our upcoming interactive webinar session on Brexit on 9th November 2020 from 14:00 to 15:30 (GMT).

This will be an opportunity for us to discuss with you our agreed trading arrangements including the day-ahead explicit auction and nomination timings when GB leaves the Internal Energy Market.

We will also walk you through our consultation about changes to non-IEM Explicit Day Ahead Auctions and welcome your feedback or questions you may have during the webinar.

Register
Please click here to register your interest.

Details
Details including agenda and link to the webinar will be shared to interested parties closer to the date.

Contact
If you have any questions about the event or have any specific topics you would like to include in the webinar, please don’t hesitate to contact us at customer.service@nemolink.co.uk.

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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