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.

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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