22 October 2019
Nemo Link announce Intraday Capacity Auction Go Live Date
Nemo Link and Elia are pleased to announce the expected GO-LIVE of its new intraday capacity product on 14th November 2019. Nemo Link will be the first Channel interconnector to offer hourly nomination gates which will enable market participants to optimise physical positions close to real time.
Following a six-month project working closely with market participants, National Grid ESO, JAO and regulators, the new intraday capacity product will bring additional options and flexibility to Belgian and GB electricity markets. Market participants will be able to buy intraday capacity through explicit auctions on the JAO eCAT platform four times a day and nominate those capacity rights on the Regional Nomination Platform (RNP).
The first Intraday explicit auction for the GB-Belgium border is scheduled to open at 9:30 CET and close at 9:55 CET 14.11.2019 for the delivery period 12:00 to 18:00 CET.
Further information about the Intraday Auction and Nomination Timings can be found here on the Nemo Link website.
If you have any questions, please contact the Customer Team.