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Published: 3/19/2019. Updated: 3/19/2019

NCC approved Proposals for Calculating Scheduled Exchanges

On 14 of March, 2019 in accordance with Articles 43 and 56 of the Commission Regulation 2015/1222 of 24 July 2015 establishing a guideline on capacity allocation and congestion management (CACM Regulation) National Commission for Energy Control and Prices (NCC) approved all TSOs’ proposal for calculating scheduled exchanges resulting from single intra-day and day-ahead coupling (Methodologies).

The objective of Methodologies are to describe the calculation of electricity exchange schedule, and list the information to be provided by the relevant NEMOs to the scheduled exchange calculator. The Methodologies accommodate situations where there is more than one NEMO designated or offering trading services in a particular geographic area. This allows for the calculation of scheduled exchanges between bidding zones, scheduling areas and NEMO trading hubs. These proposals details the requirements to calculate scheduled exchanges, the information required from all NEMOs for the calculation, the setup of the scheduled exchange calculator, the calculation process, the methodology and description of the required equations.

The NCC has reviewed the Methodologies in line with the requirement of the CACM Regulation. Through close cooperation and coordination with all Regulatory Authorities, an agreement was reached on the 8 February 2019. This all Regulatory Authorities agreement constituted the reason for this NCC decision.