Day-ahead electricity market - Page 2
European Union Electricity Market Glossary






trade on day ahead markets



numbering blue   considered the most developed cross-border electricity trading timeframe



numbering blue   provides market participants with the opportunity to trade in energy in time intervals at least as short as the imbalance settlement period



numbering blue   minimum bid sizes of 1 Megawatt or less



numbering blue   by 1 January 2025, the imbalance settlement period must be 15 minutes in all control areas



numbering blue   the harmonised maximum clearing price limit for single day-ahead coupling is set at +3000.00 Euro/MWh, the harmonised minimum clearing price limit for single day-ahead coupling is set at -500.00 Euro/MWh (All NEMO’s proposal for harmonised maximum and minimum clearing prices for Single Day Ahead Coupling in accordance with Articles 41(1) of Commission Regulation (EU) 2015/1222 of July 2015 establishing a guideline on capacity allocation and congestion management, 14 February 2017)







Imbalance settlement period







Last Updated on Friday, 28 April 2017 21:18


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