Long-term flow-based allocation (LT FBA) - Bid creation support

Dear Market Participants,

Core TSOs are currently preparing a second round of simulations in the scope of the Long-Term Flow Based Allocation project implementation for which they aim to present results in Q4 2023.

For the first round of simulations, Core TSOs have use used historical bids from previous NTC LT auctions as inputs.

In order to have more representative results for this second round, Core TSOs would like to set up alignment calls with Market Participants over the months of August & September to prepare order books with bidding strategies adapted to Flow Based allocations.

Core TSOs would like to invite any interested Market Participants to manifest themselves to participate to these alignment calls to prepare order books with strategies adapted to Flow Based allocations.

Market Participants have until Wednesday 26/07 17:00 to provide nominations by sending an email to j.benoit@magnus.nl

Best regards, 

Operations team on behalf of Magnus Energy