The Decision increases the requirement for the number of pan-European implicit intraday auctions from one to three.
ACER published a Decision setting the framework for the pricing of capacity among bidding zones in the intraday electricity market, which is becoming increasingly important as more renewable power is integrated into the grid.
The Decision amends the number of pan-European implicit intraday auctions, increasing it from one to three. The framework will complement the already functioning single intraday coupling based on continuous trading. ACER will develop the implementation timeline and conditions for the implementation of the three auctions along with the algorithm methodology applicable to the intraday market.