Nemo Link announces volumes for next CAL24 auctions on 11 & 12 September
Upcoming CAL24 auctions 11 & 12 September
Nemo Link is delighted to announce the volumes for the next CAL24 auctions taking place next week as follows:
75MW GB-BE and 100MW BE-GB Cal24 capacity for allocation will be offered from Nemo Link on 11th and 12th September 2023.
Relevant information
Loss Adjusted Market Spread Compensation for curtailment
As you may be aware, our updated Access Rules have been effective since 01 January 2023 and therefore curtailment compensation for operational security limits will be the Loss Adjusted Market Spread for all capacity with delivery in 2023 and onwards.
Maintenance Period
For your information, there is a one week maintenance period between Monday 23/09/2024 00:00 CEST and Monday 30/09/2024 00:00 CEST (all inclusive) that will be included the auction specification.
|
Start Time |
Start Date |
End Time |
End Date |
Interconnector Capacity |
|
00:00 (CEST) |
23/09/2024 |
00:00 (CEST) |
30/09/2024 |
0 MW |
NOTE:
The Nemo Link published 2024 planned outage has a slightly later start and earlier end time but for simplification of capacity allocation (having taken into account customer feedback), no capacity will be allocated in the Long term auctions for all hours of week commencing 23rd September 2024 when the outage is taking place. The remaining hours will be offered in the Day-Ahead auctions.
Collateral
Please be reminded that in order to participate in the CAL24 auctions, your collateral will need to be in place with a validity at least until 4th March 2024.
Updated Calendar
The latest Nemo Link 2023 Auction Calendar can be found on our website here.
In the meantime, if you have any questions or require any further information on the above news or any other matters on Nemo Link, please don’t hesitate to contact the Nemo Link Customer Team.