ACER approves Nominated Electricity Market Operators' (NEMOs') proposal to amend the single day-ahead coupling (SDAC) products methodology.
The methodology lists all products that are eligible for inclusion within the EU single day-ahead coupling.
What are the amendments about?
NEMOs deemed it necessary to amend the SDAC products methodology to:
- enable the implementation of the 15-minute Market Time Unit (MTU) products into the SDAC;
- remove entry barriers for those market participants trading 15-minute MTU products; and
- allow them to buy and sell electricity for each 15 minutes during the day, enhancing market flexibility.
In its Decision 13-2024, ACER has revised NEMOs' proposal and agreed to introduce a clear division between product categories, as well as to improve the overall structure and clarity of the document.
To foster the implementation of the 15-minute MTU, ACER has also amended the methodology for calculating scheduled exchanges resulting from single day-ahead electricity market coupling.
What are the next steps?
NEMOs shall implement the amendments by the time the 15-minute MTU becomes operational in the SDAC (required by January 2025).
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