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Published: 11/8/2019. Updated:

NERC approved proposal on the costs distribution for Local Implementation Project


On 8th November 2019 National Energy Regulatory Council (NERC) approved LITGRID AB together with Swedish and Polish transmission system operators (TSOs) and designated electricity market operators (NEMOs) proposal on the costs distribution for Local Implementation Project – LIP 16.

The total costs, which will ensure development of technical capabilities to join the XBID market in the second half of 2019, will be distributed to all 6 parties involved in this project: Svenska kraftnät, LITGRID AB and Polskie Sieci Elektroenergetyczne SA, NEMOs - EPEX Spot SE, EMCO AS and Towarowa Gielda Energii SA.

As a reminder, on June 12 2018 the European Cross-Border Intraday (XBID) was launched, due to that the LIP procedures and customized IT systems should be developed at the regional level to ensure interoperability with the XBID system.