On July 31, 2017 after assessment of Epex Spot SE letter of intention to offer day-ahead and intraday trading in Lithuanian bidding zone NCC concluded that EPEX Spot SE fulfils the criteria arising from the Commission Regulation (EU) 2015/1222 (CACM Regulation) and can offer day-ahead and intraday trading. However, NCC states that before starting the operations in Lithuanian bidding zone bilateral agreement between EPEX and Litgrid AB has to be signed. Also, multi-NEMO arrangements have to be developed in cooperation with concerned TSOs, NEMOs and operators of interconnectors who are not certified as TSOs for the approval of NCC.
NCC reminds that on May 31, 2017 NCC officially received letter of application from Epex Spot SE to offer day-ahead and intraday trading services with delivery in Lithuanian bidding zone pursuant to CACM Regulation Article 4, paragraph 5. The same application was sent to Latvian and Estonian regulatory authorities.
In order to start operations in Lithuania, Epex Spot SE together with Litgrid, AB must submit multi-NEMO arrangement proposal for the NCC’s approval before December 1, 2017.