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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

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.

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 EnBW-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 Germany to the Netherlands


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   

   - Whole MW on the corresponding electrical borders of the contracts:

  • RTE-AMPRION and RTE-EnBW for EPEX SPOT France to Germany ;
  • AMPRION -RTE and EnBW-RTE for EPEX SPOT Germany to France ;
  • RTE-ELIA for EPEX SPOT France to Belgium.

  - 0,1 MW on the corresponding electrical borders of the contracts:

  • AMPRION -TENNET TSO BV and TENNET TSO GmbH -TENNET TSO BV for Germany to the Netherlands.
 
 

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