Message

Affected Period

Status
Closed

Category
SEMOpx

Run type

Created
24/08/2022 11:11

Last Updated
31/08/2022 16:42

Updated Market Message 31/08/22

Dear Members,

Following on from our below Market Message we are pleased to advise that an additional member test date has been added on Monday, 12th September. 

Full information can be accessed in the  linked information document.

If you have any question please do not hesitate to contact us.

Kind regards,

SEMOpx

Updated Market Message 31/08/22

Dear Members,

Due to the 60% maximum price threshold being exceeded in the Day Ahead market on 16th August 2022, this has resulted in the maximum clearing price increasing from €4000MWh to €5000MWh, with the change taking effect from 20th September 2022.

As a result of the price increase, a test date has been scheduled for Monday, 5th September to facilitate simulation testing for all members. Further information regarding the background and impacts of the change, as well as the proposed simulation dates can be accessed via the linked information document.

If you require any further information, please contact info@semopx.com or marketops@ops.semopx.com.

Kind Regards

SEMOpx

Original Market Message 24/08/22

Dear Members,

The Day-Ahead price in Estonia, Latvia and Lithuania for delivery on 17 August 2022 reached 4,000€/MWh for hour 18. Hence, the clearing price exceeded 60% of the maximum clearing price set in the ACER decision on the Harmonised Maximum and Minimum Clearing Price (HMMCP) of 1 July 2019.

We would like to remind members that this event triggered the procedure to increase the maximum clearing price in the Day-Ahead auction in SDAC which is currently set at 4000€/MWh. Therefore, Nominated Electricity Market Operators (NEMOs) will increase the maximum price level in the Single Day-Ahead Coupling (SDAC) auction from 4000€/MWh to 5000€/MWh on 20 September 2022 (first trading day) for delivery 21 September 2022, as mandated in ACER Decision on HMMCP for SDAC of 14 November 2017.

Price increase will be implemented on the SDAC auction for ROI and NI areas. The IDA 1 / 2 / 3 auctions will remain unimpacted. The go-live date for implementation on the SDAC auction is 20 September 2022 (first trading day) for delivery date 21 September 2022. Members are advised to start the Trading Limit increase process if needed. For the full details, please see the communication here.

Please do not hesitate to contact us at info@semopx.com should you require any further information.

Kind regards,

SEMOpx Team