Public Consultation on potential removal of second auctions

The Nominated Electricity Market Operators (NEMO) have published Public Consultation on the potential removal of Second auctions. The procedure is applied in some bidding zones during the market coupling session when the prices reach or exceed the predefined thresholds.

SDAC NEMOs contemplate the removal of Second auctions as they increase operational risks while not bringing the expected benefits to the market.

The public consultation ends on 8 January 2024. More detailed information is available here.