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 31st 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
Auction Schedule
Month | Product | Directions | Dates of Auction | Time (CET/CEST) |
---|---|---|---|---|
December | January 2022 | be-gb / gb-be | Mon 06 - Tue 07 | 11:30am - 11:29am |
January | February 2022 | be-gb / gb-be | Mon 03 - Tue 04 | 11:30am - 11:29am |
February | March 2022 | be-gb / gb-be | Mon 07 - Tue 08 | 11:30am - 11:29am |
March | April 2022 | be-gb / gb-be | Mon 07 - Tue 08 | 11:30am - 11:29am |
April | May 2022 | be-gb / gb-be | Mon 04 - Tue 05 | 11:30am - 11:29am |
May | June 2022 | be-gb / gb-be | Mon 02 - Tue 03 | 11:30am - 11:29am |
June | July 2022 | be-gb / gb-be | Tue 07 - Wed 08 | 11:30am - 11:20am |
July | August 2022 | be-gb / gb-be | Mon 04 - Tue 05 | 11:30am - 11:29am |
August | September 2022 | be-gb / gb-be | Mon 01 - Tue 02 | 11:30am - 11:29am |
September | October 2022 | be-gb / gb-be | Mon 05 - Tue 06 | 11:30am - 11:29am |
October | November 2022 | be-gb / gb-be | Mon 03 - Tue 04 | 11:30am - 11:29am |
November | December 2022 | be-gb / gb-be | Mon 07 - Tue 08 | 11:30am - 11:29am |
December | January 2023 | be-gb / gb-be | Mon 05 - Tue 06 | 11:30am - 11:29am |
Month | Product | Directions | Dates of Auction | Time (CET/CEST) |
---|---|---|---|---|
January | Cal 2023 (V) | be-gb / gb-be | Mon 17 - Tue 18 | 12:00pm - 11:59am |
March | Cal 2023 (I) | be-gb / gb-be | Mon 07 - Tue 08 | 12:00pm - 11:59am |
November | Cal 2023 (III) | be-gb / gb-be | Mon 07 - Tue 08 | 12:00pm - 11:59am |
December | Cal 2023 (IV) | be-gb / gb-be | Mon 05 - Tue 06 | 12:00pm - 11:59am |
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)