Nemo Link - Market communication

Dear Market Participants,

Nemo Link has previously published an auction schedule indicating that it would hold its first explicit auctions for monthly and quarterly capacity in April 2019. Further to recent political developments and the ongoing uncertainty surrounding the precise timing of whether the United Kingdom will leave the EU and the Internal Energy Market, Nemo Link has decided to cancel scheduled auctions for monthly and quarterly long term capacity in April 2019.

Nemo Link capacity will continue to be available implicitly if the UK remains within the Internal Energy Market, or explicitly at the Day Ahead stage through auctions held by the Joint Allocation Office should the UK leave with “no deal”. Market participants that have not already done so are encouraged to contact customer.service@nemolink.co.uk if they wish to have the ability to trade Nemo Link capacity explicitly in the event of a “no deal” as registration is required for our Regional Nomination Platform.

Nemo link will communicate further information on the timing of future long term auctions as more clarity emerges. The current auction schedule is available here:

http://www.nemo-link.com/wp-content/uploads/2013/01/Auctions-schedule-2203.pdf

Best regards,

JAO SA - on behalf of the Nemo Link TSOs