The deadline for recording of closed contracts and operational forecasts - valid from 1. 1. 2025
The deadline for recording of closed contracts and operational forecasts
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Closed contracts and operational forecasts must be recorded by 14:30 CET (15:30* / 16:00* CET) or (15:00** / 15:30** CET) each day for the following day. Closed contracts and operational forecasts concluded after the deadline for recording and changes of already recorded closed contracts must be recorded not later than two working days after the delivery day until 10:00 CET. |
Recording restriction |
Recording of closed contracts and operational forecast for day-ahead nomination is not possible from 14:30 CET (15:30*/16:00* CET) or (15:00** / 15:30** CET) until 16:30 CET. |
*Recording deadlines in case of multilateral IBWT or bilateral decoupling.
**Deadlines apply until the start of the “Core Flow-Based Market Coupling” project.
In the event of systemic or human errors leading to a disruption of the coupling of the Slovenian exchange market at the Italian border and, consequently, to a delay in the deadlines for the recording of the results, the timelines for the recording of the results would exceed the deadlines in the current timetable for the recording of closed contracts and operational forecasts. In the event of a decoupling, the Market Operator shall inform all Balance Scheme members through the scheduling application and allow recording according to the revised schedule.
FIRST POSTPONEMENT IN CASE OF MULTILATERAL IBWT DECOUPLING:
The deadline for recording of closed contracts and operational forecasts is moved from 14:30 CET to 15:30 CET. The application gate closure is moved to the period from 15:30 CET to 16:30 CET. The market operator notifies all Balance Scheme members via the scheduling application.
SECOND POSTPONEMENT IN CASE OF IBWT DECOUPLING FOLLOWED BY BILATERAL DECOUPLING:
The deadline is further extended to 16:00 CET. The application gate closure is moved to the period from 16:00 to 16:30 CET. The market operator notifies all Balance Scheme members via the scheduling application.
**Deadlines for recording of closed contracts and operational forecasts in case of delays in publication of multilateral market coupling results or full decoupling. The deadlines are valid from the start date of the "Core Flow-Based Market coupling" project.
FIRST POSTPONEMENT IN CASE OF DELAYS IN PUBLICATION OF MULTILATERAL MARKET COUPLING MARKET RESULTS
In the event of a message received with a designated code from the Nominated Electricity Market Operators (hereinafter: NEMOs), the deadline for submitting closed contracts and operational forecasts is postponed from 14:30 to 15:00 CET. The application gate closure is moved to the period from 15:00 to 16:30 CET. The market operator notifies all balance scheme members via the scheduling application.
Message code expected to be received at 13:50 CET:
- ExC_03b: Further delay of the Market Coupling Session,
- UMM_01c: Delay in Local Market Results publication (after a Partial Decoupling, for the decoupled Core NEMO Trading Hub(s)),
- UMM_06b: Nomination process delayed.
SECOND POSTPONEMENT IN CASE OF FULL OR PARTIAL DECOUPLING
In the event of a message received with a designated code from the NEMOs, the deadline for submitting closed contracts and operational forecasts is further postponed from 15:00 to 15:30 CET. The application gate closure is moved to the period from 15:30 to 16:30 CET. The market operator notifies all Balance Scheme members via the scheduling application.
Message code expected to be received at 14:20 CET:
- ExC_04b: Full Decoupling,
- UMM_01d: Delay in Local Market Results publication (after a Partial Decoupling, for the decoupled Core NEMO Trading Hub(s)),
- UMM_06c: Nomination process delayed.
Matching process for Day ahead (D-1): |
14:00 (D-1) |
First Internal Matching |
14:15 (D-1) |
Second Internal Matching |
14:30 (D-1) |
Third Internal Matching and Gate Closure Time |
14:45 (D-1) |
Matching of Cross-Border Nominations |
Matching process for recording and changes of already recorded closed contracts (D+2): |
10:00 (D+1 – ordinary day) |
Internal Matching and Matching of Cross-Border Nominations |
9:30 (D+2 – working day) |
Internal Matching and Matching of Cross-Border Nominations |
9:45 (D+2 – working day) |
Internal Matching and Matching of Cross-Border Nominations |
10:00 (D+2 – working day) |
Internal Matching and Matching of Cross-Border Nominations and Gate Closure Time with CUT-OFF (in case of mismatch, the submission in accordance with Article 53 of the Rules on the operation of the electricity market shall apply). |
Internal Matching and Matching of Cross Cross-Border Nominations includes the receipt of a Confirmation Report and a possible Anomaly Report. If a report is received, the next report is generated only in case of changes to its nomination.
Due to unforeseen situations or for other reasons, the market operator can initiate the Matching process also at other times, which does not affect the deadlines for reporting closed contracts and operational forecasts.