NEMO LINK (GB-BE) CAL2021 AUCTION (series I) - further information

Prior to the first annual auction capacity on the GB-BE border for calendar year 2021 on 7th and 8th September 2020, please find below key information that may be helpful in preparation for the auctions.

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. 

Auction IDs and Offered Capacity:

GB-BE: NLL-GB-BE-Y-BASE---210101-01 (100 MW)
BE-GB: NLL-BE-GB-Y-BASE---210101-01 (100 MW)

Auction Window:

Start time:  12:00 CEST 07/09/2020 
End time:  12:00 CEST 08/09/2020 

Planned Outage:

From 07:00 (CEST) 20/09/2021 to 23:00 (CEST) 26/09/2021
0 MW

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.

Future 2021 Annual Auctions can be viewed on our Auction Calendar.

If you have any questions, please contact the Nemo Link Customer Team.