National Commission for Energy Control and Prices (NCC) received an application dated 25 of May, 2017 of EPEX SPOT SE notifying the intention of EPEX SPOT SE to offer day-ahead and intraday trading services with delivery in the Lithuanian Price Area.
The application of EPEX SPOT SE is based on article 4(5) of the European Commission Regulation (EU) 2015/1222 establishing a Guideline on Capacity Allocation and Congestion Management (hereinafter – CACM): „A NEMO designated in one Member State shall have the right to offer day-ahead and intraday trading services with delivery in another Member State. The trading rules in the latter Member State shall apply without the need for designation as a NEMO in that Member State [...].“
NCC has two months to adopt the decision concerning the application received.
EPEX SPOT SE has been, to date, designated as a nominated electricity market operator (NEMO) in the following Member States: Austria, Belgium, France, Germany, Luxembourg, Switzerland, the Netherlands and the United Kingdom. Moreover, EPEX SPOT SE has been acknowledged as a „Passport NEMO“ in Denmark, Finland, Poland and Sweden, according to article 4(5) of CACM.