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Back to listings
08 June 2022 16:02

REMINDER: [N2EX and GBHH] Maximum Clearing Price increase effective from Tuesday 28th June

REMINDER:

Dear Member,

Following our recent consultation, we can confirm that we will increase the Maximum Clearing Price from the existing 3,000 EUR/MWh to 4,000 EUR/MWh in the auction platform, N2EX DA, both for the UK and NO2 area, and the GB Half Hourly Auction.

This will align the maximum clearing price on the Auctions platforms to the Single Day-Ahead Coupling (SDAC) that was increased on 10th May 2022.

The change will be effective from Tuesday 28th June (delivery date 29th June)

Members are required to adjust their bidding submission tools either in the Excel order entry sheets or their API to the new limit.

For members trading on the N2EX DA and GB Half hourly Auction this means changing the GBP max value from 3000 GBP to 4000 GBP and from 3000 EUR to 4000 EUR.

All curve orders from delivery day Wednesday 29th June onward need to have the new max price specified or the order will be rejected.

Members who would like to test this this change can access the test environment from Wednesday 1st June using the following link. Test results will be available from 14:00 CET.

https://auctions2.test.nordpoolgroup.com

Please contact [email protected] should you have any questions.

Nord Pool desk

T: +47 6710 9110 (Day-ahead desk)E: [email protected]
T: +47 6710 9115 (Intraday desk)E: [email protected]

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