With reference to the previous notice published on 27th November 2018, following successful testing and the necessary approvals of the concerned National Regulatory Authorities (NRAs) ElCom and ARERA, the project parties (EPEX SPOT, GME, Swissgrid and Terna) jointly confirm that the go-live of the Implicit Intraday Auctions on the Italian-Swiss border will take place on 17th April 2019.
The first intraday market sessions with implicit capacity allocation are the following:
- The MI2 session (for GME) and IDA1 session (for EPEX SPOT)
o Sessions operated on 17 April 2019
o Gate Closure Time: 16:30
o Delivery on 18 April 2019 for hours 0-24
- The MI6 session (for GME) and IDA2 session (for EPEX SPOT)
o Sessions operated on 18 April 2019
o Gate Closure Time: 11:15
o Delivery on 18 April 2019 for hours 16-24
Additional information can be found on website of GME and in EPEX SPOT Info Emails addressed to its members.
Available Cross Zonal Capacities will be published on the ENTSO-E Transparency Platform in the section “Transmission”.
Once in operation, the implicit intraday auctions will replace the existing explicit intraday auctions performed by the Joint Allocation Office (JAO.EU). This mechanism will be managed in parallel with to the one already in operation on the Slovenian-Italian border.
The cooperation has been triggered by the Italian and Swiss NRAs with the aim to improve both operational and market efficiency of the intraday capacity allocation on the Italian-Swiss border. Such bilateral project between Italy and Switzerland does not fall within the scope of the Capacity Allocation and Congestion Management Guideline of the European Union.