SEMOpx DAM Decoupling Deadline and Process Changes
Affected Period
08/06/22 (for Trade Date: 09/06/22)
Status
Closed
Category
SEMOpx
Run type
Created
09/05/2022 12:18
Last Updated
09/05/2022 14:11
Dear Member,
Please be advised that there
will be a change in the Partial and Full Decoupling deadlines and Full
Decoupling Process in the Day-Ahead Market which will take effect on auction
day 8th June 2022 (for Trade Date: 9th June
2022).
In the event of a full
decoupling in the Day-Ahead Market, it will no longer be possible to re-open
order books in order to run a second auction if the results of the first local
auction after decoupling exceed predefined price thresholds.
This change in the process will provide an additional 20 minutes in the coupling process, which will help reduce the risk of partial and full decoupling in the Day-Ahead Market. As a result, the DAM Full Decoupling deadline will shift from 13:00 to 13:20 IST / GMT and the DAM Partial Decoupling deadline will move from 11:45 to 12:05 IST / GMT.
The SEMOpx Auction Timings and Market Messages document will be updated on the 8th June 2022 to reflect the above changes. The changes stated above are in line with Modification SPX_03_22 DAM Decoupling Deadline Changes.
Please do not hesitate to contact us at info@semopx.com should you have any queries in regards to the above information. For the full communication, please see the link here.
Kind
regards,
SEMOpx