Nemo Link announces Changes to 2022 Auction Calendar and Volumes for upcoming auctions
Nemo Link wishes to inform market participants of changes to the Nemo Link 2022 Auction Calendar and announce ATC volumes for the upcoming auctions on the e-CAT Auction Platform as follows:
|
Auction |
Auction Opening (CET) |
Auction Closing (CET) |
Direction |
ATC Volumes |
Notes |
|
December 22 |
11:30 |
11:30 |
BE -> GB |
75 MW |
Volumes confirmed |
|
GB -> BE |
75 MW |
||||
|
CAL 23 (III) |
12:00 |
12:00 |
BE -> GB |
N/A |
Auction cancelled (*) |
|
GB -> BE |
75 MW |
Volumes confirmed |
|||
|
Q1 23 (I) |
12:10 |
12:10 |
BE -> GB |
100 MW |
Volumes confirmed |
|
GB -> BE |
100 MW |
||||
|
Q1 23 (II) |
12:10 |
12:10 |
BE -> GB |
100 MW |
Additional auctions added - Final volumes TBC |
|
GB -> BE |
100 MW |
||||
|
CAL 23 (IV) |
12:00 |
12:00 |
BE -> GB |
N/A |
Auction cancelled (**) |
|
GB -> BE |
Relevant information:
(*) As a result of a yearly capacity calculation process applied by the onshore TSOs for 2023 on the GB-BE border, Nemo Link has received the yearly NTC for the BE -> GB direction of 350MW. Since all 350 MW have been allocated in the previous CAL 23 auctions, no further capacity is available for the BE -> GB direction in the yearly timeframe, hence the CAL 23 (III) BE to GB auction taking place on 7 & 8 November 2022 is cancelled.
(**) The CAL 23 (IV) auctions have been cancelled due to the yearly NTC as above and the late timings of the auction causing an increase in the collateral requirements (2/N rule instead of 1/N rule).
Please note that more Long Term capacity in the BE -> GB direction above the given 350 MW is expected to become available for most months in 2023 as a result of quarterly and monthly capacity calculations.
Updated Calendar:
The Nemo Link Updated 2022 Auction Calendar can be found here.
Contact us:
Please do not hesitate to contact the Nemo Link Customer Team if you have any questions or need further assistance.