Trading Framework

The Nemo Link Interconnector connects the GB and Belgium electricity systems via subsea cables, allowing customers to trade electricity between the two countries. The interconnector began commercial operations on 31^st January 2019. Through Nemo Link, customers have the opportunity to buy up to 1000MW capacity in either direction via explicit auctions.

The diagram below shows capacity products are grouped into 3 overall timeframes:Long Term:

• Long Term Auctions are held for Annual, Quarterly and Monthly capacity.
• Long Term Nominations open at 16:30 CE(S)T D-2 and close at 08:45 CE(S)T D-1

Day Ahead: Customers have the ability to buy Daily capacity at the day-ahead stage

• Day Ahead Auctions start at 09:00 CE(S)T and finish at 09:30 CE(S)T D-1
• Day Ahead Nominations open at 12:05 CE(S)T and close at 14:00 CE(S)T D-1

Further information on the Long Term and Day Ahead Processes can be found here.

Intraday:

• Intraday Capacity is auctioned within the current day for the following 6 hours.
• Intraday Nominations close at 70 minutes before delivery.

Intraday auction and nomination timings can be found here.

Trading Systems

(1) All Nemo Link’s auctions are held on the eCAT system run by Joint Allocation Office (JAO), an organisation that manages cross-border auctions across Europe.

(2) Nominations will be carried out via the Regional Nomination Platform (RNP)

Onboarding Process

Customers wishing to participate in Nemo Link’s auctions can be registered as a non-physical or a physical participant.

• Non-physical customers are encouraged to send the registration form (step 1) and required to register with JAO (step 2).
• Physical customers are required to register with JAO (step 2) and additionally sign the Nomination Participation Agreement with Nemo Link (step 3) and other registration process in each market, i.e. GB – with NGESO and BE – with Elia (step 4 to step 7).

Please refer to the Nemo Link Registration Documents for further detailed information on each step.

Registration Checklist

Useful Links

REMIT Information

• All unplanned and planned outage on Nemo Link are available to view on the REMIT page of BMREPORTs website (Participant ID: ‘nemo1’).

Transparency Website

• Nemo Link uploads our transparency data on to the Entsoe Website

Commercial Flows

• Nemo Link’s commercial flows are available on the ENTSO-E Transparency Platform here

Cross Border Nominations

• Nemo Link’s cross border nominations are available on the RNP public access page here

Elia Intraday Capacity Information

• Forecast Intraday Net Transfer Capacity data following capacity calculation here

Auction Specifications/Results

• Monthly auction  data (Select BE <-> GB border)
• Quarterly auction data (Select BE <-> GB border)
• Yearly auction data (Select BE <-> GB border)
• Intraday auction data (Select BE <-> GB border)

Day Ahead Power Prices

• NordPool Spot’s Day Ahead Power Prices 
• EPEX Spot’s Day Ahead Power Prices

Recommended Customs Agent in Belgium

•  ALS Customs Services N.V.