Additional rules for BritNed Long term auctions
Dear market participants,
In accordance with article 67 of Additional rules applicable for long term allocation under JAO on the BritNed Interconnector, we hereby notifies you of the change on article 38.2 as described below.
Returned Long Term Transmission Rights shall be either a constant band of whole MW(s) over the specific timeframe of the subsequent Auction or a constant value of whole MW(s) during the days out of the Reduction Period(s). This second case applies only if the Long Term Transmission Rights to be returned at a subsequent Auction contain exactly the same Reduction Period(s) as the ones of the subsequent Auction itself.
This change, allowing return from a source product having reduction period in the above mentioned conditions would be effective as of 25th of August 2021.
Should you have any queries or require further assistance, please let us know.
Best regards,
JAO Team