We would like to inform our Nord Pool UK customers of forthcoming changes to the threshold for triggering a reopening of the order book in the Day-Ahead auction.
From Wednesday 11th January the Day-Ahead market threshold will be increased to 1500 GBP increased from the current amount of 500 GBP. Lower threshold will remain at -150 GBP.
This change reflects a decision to increase the threshold taken by the PCR organisation in order to reduce the operational risks around a reopening and restarting of the market coupling process, and is a coordinated change for all power exchanges involved in PCR.
Reopening in Case of Exceeding Thresholds is described in Auction Market Regulations - Trading Appendix 2B section 5.2.
If you have any questions regarding this change, please contact [email protected]