Common Merit Order List (CMOL)
European Union Electricity Market Glossary

 


 

 

Common merit order list (CMOL) in the European Union Internal Electricity Balancing Market is a list of balancing energy bids sorted in order of their bid prices, used for the activation of those bids (Commission Regulation (EU) 2017/2195 of 23 November 2017 establishing a guideline on electricity balancing, Article 2(37)).

 

According to Article 29(7) of the said Commission Regulation (EU) 2017/2195 of 23 November 2017 the activation of balancing energy bids is to be based on a TSO-TSO model with a common merit order list.

 

Article 31(2) - (5) of the said Commission Regulation (EU) 2017/2195 stipulates that:

 

- common merit order lists shall consist of balancing energy bids from standard products;


- all Transmission System Operators (TSOs) shall establish the necessary common merit order lists for the standard products,


- upward and downward balancing energy bids shall be separated in different common merit order lists,


- each activation optimisation function shall use at least one common merit order list for upward balancing energy bids and one common merit order list for downward balancing energy bids,


- TSOs shall ensure that the balancing energy bids submitted to the common merit order lists are expressed in euros,


- TSOs shall ensure that the balancing energy bids submitted to the common merit order lists make reference to the market time unit,


- depending on the requirement for standard products for balancing energy, TSOs may create more common merit order lists.

 

 

 

 

 

IMG 0744

    Documentation    

 

 

 

Network Code on Electricity Balancing (Commission Regulation (EU) 2017/2195 of 23 November 2017 establishing a guideline on electricity balancing - NC EB), Article 2(37), Article 29(7), Article 31(2) - (5)

 

 

 

 

 

clip2

    Links    

 

 

 

 

Advertisements


 

 

 

 

 

Last Updated on Thursday, 18 January 2018 10:39
 

Search

Copyright © 2009 - 2018 Michal Glowacki. All rights reserved.
The materials contained on this website are for general information purposes only and are subject to the disclaimer