Nemo Link announces its new Loss Factor effective from 1 September 2020

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After the first full year of successful operations, Nemo Link has reviewed its observed losses and is now pleased to announce the new Loss Factor on the Nemo Link Interconnector.

Effective from Delivery Day 1 September 2020 at 00:00 CEST, Nemo Link Interconnector’s Mid-Point Loss Factor will be lowered from 2.600% to 2.372%. The Mid-Point Loss Factor is the loss factor that is used in Nemo Link’s Access Rules (see Annex Business Rules for Nemo Link paragraph 3) and Nemo Link’s Border Specific Annex.

                       Nemo Link’s Mid-Point Loss Factor

2.600%

Effective until 23:59 CEST 31/08/2020

2.372%

Effective from 00:00 CEST 01/09/2020

Nominations at Nemo Link’s importing and exporting end for a specific mid-interconnector nomination are calculated using the Mid-Point Loss Factor (LF) as follows:

  • Importing end nomination = mid-interconnector nomination * (1-LF/2)
  • Exporting end nomination = mid-interconnector nomination * (1+LF/2)

UIoSI compensations for non-nominated Long Term Transmission Rights equal the loss adjusted day ahead market spread (LADAMS) as follows:

  • If GBDAMP > BEDAMP, LADAMS = (1-LF/2)*GBDAMP – (1+LF/2)*BEDAMP
  • If BEDAMP > GBDAMP, LADAMS = (1-LF/2)*BEDAMP – (1+LF/2)*GBDAMP
    (GBDAMP: GB Day ahead market price   BEDAMP: BE Day ahead market price)

Full details on UIoSI compensations can be found on the Nemo Link’s Border Specific Annex (see chapter 3).

The mid-interconnector reference capacity will decrease from 1013 MW to 1012 MW in regular operation and from 1033 MW to 1032 MW in overload operation. Nemo Link’s Capability remains 1000 MW at the importing end.

Further information can be found on the Nemo Link Loss Factor document published on the Publications area.

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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