Dear Market Participant,
We would like to inform you about the upcoming consultation of the auction rules for the explicit intraday auctions on the Italian-Swiss border. According to the current planning the auctions will be introduced by the end of September 2021. The public consultation will start on 29 April 2021 and it will last until 27 May 2021. Market participants can send their comments via e-mail to the following address:
Following the consultation, TSOs will evaluate the market participants’ comments and submit the auction rules to the responsible NRAs of Italy and Switzerland for approval.
The implicit intraday auctions that are currently performed on the Italian-Swiss border will be discontinued once the Local Implementation Project (LIP 14) integration with the Single Intraday Coupling (SIDC) goes live. The TSOs, Swissgrid and Terna, will continue to offer available intraday capacity on the border Italy-Switzerland to market participants in two explicit auctions that will be performed by JAO S.E.. The allocation mechanism will be similar to the one in operation before April 2019, when the implicit intraday auctions started, with slightly different timings in order to adapt to the new Italian intraday market times. Holders of cross border intraday capacity will be able to nominate the capacity and use it to buy or sell in the respective intraday markets.
The exact date for changing from today’s implicit auctions to explicit auctions depends on the Go-live date of LIP 14. Swissgrid and Terna will keep the market participants informed with due prior notice on the further steps towards the change.
JAO SA Operations on behalf of the TSOs