Due to the winter season and an enduring period of high electricity prices, the Nominated Electricity Market Operators (NEMOs) involved in the Single Day-Ahead Coupling in the most affected countries have decided to increase the threshold that triggers the 2nd auction procedure from EUR 1,500 to EUR 2,400 per MWh. The change will be implemented as of 7 December (first trading day). The goal of this change is to maintain security of operations by avoiding triggering second auctions in these countries on a regular basis and thus binding operational resources, which could endanger the Market Coupling session by increasing the risk of Full Decoupling.

The following countries are affected by the threshold switch to EUR 2,400 :

• Austria
• Belgium
• Croatia
• Estonia
• France
• Germany
• Hungary
• Ireland
• Latvia
• Lithuania
• Netherlands
• Portugal
• Romania
• Slovenia
• Spain

OTE, a. s., as a nominated market organizer in the Czech Republic and operators from Greece and Slovakia, is analyzing whether to take the same steps. These countries and the others not explicitly mentioned in this note keep the current threshold of EUR 1,500 per MWh.

More information can be found here.