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Publikuoti: 2/13/2018. Atnaujinta: 2/13/2018

NCC approved all NEMOs' proposals for the day ahead products, intraday products and back-up methodology

The EU regulation 2015/1222 of July 24, 2015 establishing guidelines on capacity allocation and congestion management (CACM) requires all Regulatory Authorities (NRAs) to consult and closely coordinate with each other in order to reach agreement and make decisions within two months following receipt of submissions of the last NRAs concerned. A decision on the day ahead products, intraday products and back-up methodology proposals was therefore required by each NRA by 1 February 2018.

At the meeting of Energy Regulator Forum on 23 January 2018, all NRAs found agreements on the proposals for the back up methodology, the day ahead products and the intraday products. These agreements explain why all NRAs regard the methodologies by NEMOs as sufficient, and constitute the reasons for NCC decision on 1 February 2018.

Also having reviewed the amended algorithm proposal, NRAs concluded that they were not in a position to approve this proposal and for that reason, on 26 January 2018, NRAs agreed to request the Agency for the Cooperation of Energy Regulators to adopt a decision on the algorithm proposal.

These proposals relate to the parameters and processes necessary for the implementation of the single day ahead and intraday market coupling, which constitutes the objective of CACM. Moreover, the proposals do not constitute a significant change to the existing requirements and arrangements applied by NEMOs in Lithuania.