Suspension of HMMCP methodology

Affected Period

Status
Closed

Category
SEMOpx

Run type

Created
13/09/2022 15:10

Last Updated
13/09/2022 15:23

Dear Member, 

The maximum clearing price will not be increased on the 20th of September and will stay at 4,000 EUR/MWh.

On the 31st August 2022, SEMOpx issued a market message informing members that the maximum clearing price would be increased on the 20th September 2022, but following consultation with ACER and EC, and after the publication of the Presidency Summary (presidency-summary-220909.pdf (europa.eu)) from the Extraordinary TTE (Energy) Council Meeting of 9 September 2022, NEMOs and TSOs have decided to suspend the automatic increase of the maximum clearing price. Therefore, the maximum clearing price will not be increased on the 20th of September and will stay at 4,000 EUR/MWh.

For further information please refer to the SEMOpx information document and the Market Coupling Steering Committee note.

Kind Regards

SEMOpx