National Energy Regulatory Council (NERC) presenting
Lithuania’s position in the EU Agency for the Cooperation of Energy Regulators
(ACER) activity, informs that ACER on 3rd
of February published a decision amending the rules which define how
Nominated Electricity Market Operators calculate the results of the electricity
market coupling in the day-ahead and intraday timeframe as well as the products
that market participants can use in these two markets.
As regards the market coupling in the day-ahead
timeframe, the amended rules adopted by ACER provide stronger requirements and
rules for market operators to expand day-ahead coupling to additional Member
States and to incorporate advanced features such as the flow-based capacity
calculation and 15-minute products.
In the context of intraday coupling, new intraday
auctions will complement the continuous trading model that is currently
implemented within the cross-border intraday (XBID) project.
By the end of 2022, three intraday auctions will be
performed on a daily basis. These are expected to better allocate scarce
interconnector capacities and provide market participants with more
opportunities to cross-border trade in the intraday timeframe. This will also
contribute to further integrate renewable energy sources.
ACER also defined the products that market
participants will be able to use in these auctions.
You can access
the Decisions here.
