Partial Decoupling - Reopening of the Order Books
Dear all,
Due to technical reasons or market issues, the following area is decoupled from the Market Coupling:
|
Impact of VB area (PMB Virtual Broker) |
Decoupled NEMO Hubs |
Impacted BZs |
Corresponding Decoupled Interconnectors |
Fallback solution |
|
EPEX - Core |
EPEX (FR, BE, NL, AT, DE/LU, PL) |
N/A |
N/A |
N/A |
|
EMCO - Nord Pool EPEX - Nordic |
EMCO (NO, DK, SE, FI)
EPEX (NO, DK, SE, FI) |
N/A |
Nordic Internal Borders (NO-SE, NO-DK, NO-NO, NO-FI, DK-SE, DK-DK, SE-FI, SE-SE) Baltic internal borders (EE-LV, LV-LT, ERI-EE, LV-LRE, LV-LRI, LT-LBE, LT-LBI) NO2-NL (NorNed) NO2-DE (NordLink) DK1-DE DK1-NL (COBRA Cable) DK2-DE SE4-DE (Baltic Cable) PL-SE4 SE4-LT PL-LT EE-FI |
Regional coupling
Regional coupling
Shadow Auction Shadow Auction Shadow Auction Shadow Auction Shadow Auction Back to owner Back to owner Intraday Back to owner Intraday |
As a consequence of the Partial Decoupling, the NEMO order books for the areas remained coupled will reopen at 13:10 (CET) for exactly 15 minutes.
For the areas that remain coupled, please follow the market coupling rules as usual.
For the decoupled area, please follow the applicable fallback rules.
This issue does not impact on SEMOpx auction trading, except in the potential for a delay in the publication of the SEM final Day-ahead auction results.
If the decoupling concerns the Nordic region:
The Nordic NEMOs shall attempt the running of a Nordic Regional Coupling as of 14:50, with the aim of having Market Coupling Results available no later than 20:00.
The Nordic order books will be reopened for 20 min at a later time which shall be communicated later in the afternoon in a separate message.
Disclaimer: The Timings are expressed as CET timings.
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Please be aware that for the areas remaining coupled no Second Auction will be triggered if price thresholds are reached following the Partial Decoupling.
This measure aims at avoiding a Full Decoupling due to insufficient time left to perform the Second Auction.
Therefore, please use the opportunity of adjusting your orders during the 15 minutes communicated above, considering that decoupling situations are likely to determine the occurrence of extreme prices.
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