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Products Market Coupling Contracts

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Market Coupling Contract

Trading procedure:  Daily Auction

Trading days:  Year-round

Type

  • EPEX SPOT France to Germany
  • EPEX SPOT Germany to France
  • EPEX SPOT France to Belgium
  • EPEX SPOT Germany to Netherlands
  • EPEX SPOT France to Spain
  • EPEX SPOT France to UK
  • EPEX SPOT Germany to Denmark
  • Denmark to EPEX SPOT Germany
  • EPEX SPOT Austria to Italy
  • EPEX SPOT France to Italy
  • EPEX SPOT Austria to Slovenia


  • Tradable Contracts
    (Expiries)
  • 1 hour of the day
  • Hour 01: the period between midnight and 1.00 am
  • Hour 02: the period between 1.00 am and 2.00 am, and so on and so forth
  • Hour 24: the period between 11.00 pm and midnight

Order Book opening:  Daily at 9:30

Order Book closes:    Daily at : at 11:15

Clearing and Settlement:   

Trade information transmitted by EPEX SPOT SE to the Central Counterparty, ECC AG for Settlement and Delivery of the Contracts.

Admissible Orders   

Independent Price Orders and Single-Contract Orders only.

On the day of the switch from summer time to winter time, the hour no. 3 is considered twice automatically for the purposes of pricing. On the day of the switch from winter time to summer time, the hour no. 3 cannot be traded.

Quantity characteristics   

0.1MW on the corresponding electrical borders of the contracts.

  • Delivery procedure:   

    Nomination by ECC to TSOs on the corresponding electrical borders of the contracts:

  • RTE-AMPRION and RTE-EnBW for EPEX SPOT France to Germany
  • AMPRION -RTE and TransnetBW-RTE for EPEX SPOT Germany to France
  • RTE-ELIA for EPEX SPOT France to Belgium
  • AMPRION -TENNET TSO BV and TENNET TSO GmbH -TENNET TSO BV for EPEX SPOT Germany to the Netherlands
  • RTE-REE for EPEX SPOT France to Spain
  • RTE-National Grid for EPEX SPOT France to UK
  • Tennet TSO GmbH-Energinet for EPEX SPOT Germany to Denmark
  • Energinet-Tennet TSO GmbH for Denmark to EPEX SPOT Germany
  • APG-TERNA for EPEX SPOT Austria to Italy
  • RTE-TERNA for EPEX SPOT France to Italy
  • APG-ELES for EPEX SPOT Austria to Slovenia
 
 

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