NEMOs Methodologies

In accordance with Article 7 of Commission Regulation (EU) 2015/1222 of 24 July 2015 establishing a guideline on capacity allocation and congestion management, NEMOs (designated electricity market operators) of the EU will perform the functions of market coupling operator, among these functions is the development and maintenance of algorithms, systems and procedures of single daily and intraday coupling with the requirements established by the European Regulation itself.

Regarding this function, and in compliance with the aforementioned article 7 of the Regulation, NEMOs submitted for approval the following terms and conditions or methodologies:

1. Back-up methodology in accordance with Article 36(3); All national regulators agreed on January 23, 2018 the approval of the proposal submitted by all the NEMOs on November 13, 2017. The decision can be downloaded here and the methodology approved here.

2. Price coupling algorithm and continuous trading matching algorithm in accordance with Article 37(5), including the TSOs' and NEMOs' sets of requirements for algorithm development in accordance with Article 37(1); Methodology approved by ACER on July 26, 2018 through decision nº 08/2018 and its annex, which can be downloaded here.

3. Products that can be taken into account by NEMOs in the single day-ahead and intraday coupling process in accordance with Articles 40 and 53; All national regulators agreed on January 23, 2018 the approval of the proposal submitted by all the NEMOs on November 13, 2017. For the day-ahead market, the decision is available here and the approved products here. For the intraday market, the decision is available here and the products approved here.

4. Maximum and minimum clearing prices in accordance with Articles 41(1) and 54(2), approved by ACER decisions 04/2017 and 05/2017 and their annexes on November 14, 2017, which can be downloaded here.