Harmonised maximum clearing price for SDAC
To be set to +5,000 EUR/MWh from 20th September (trading date)
In line with the Harmonised Maximum and Minimum Clearing Prices (HMMCP) Methodology in accordance with Article 41(1) of Commission Regulation (EU) 2015/1222 of 24th July 2015 (CACM Regulation), the harmonised maximum clearing price for Single Day-Ahead Coupling (SDAC) shall be increased by 1,000 EUR/MWh if the clearing price exceeds a value of 60 per cent of the harmonised maximum clearing price for SDAC in at least one market time unit in a day in an individual bidding zone or multiple bidding zones. This decision follows the high prices of 4,000 EUR/MWh reached on 16th August 2022 (delivery date 17th August) in Lithuania, Latvia and Estonia in hour 18.
For more information please study the SDAC Communication Note HERE.