In line with the Harmonised Maximum and Minimum Clearing Prices (HMMCP) Methodology in accordance with Article 41(1) of Commission Regulation (EU) 2015/1222 of 24th July 2015 (CACM Regulation), the harmonised maximum clearing price for Single Day-Ahead Coupling (SDAC) will be increased by 1,000 EUR/MWh to +5,000 EUR/MWh as of 20th September 2022.

This decision to increase the maximum clearing price follows the high prices of 4,000 EUR/MWh reached on 16th August 2022 in Lithuania, Latvia and Estonia in hour 18. The clearing price thus exceeded a value of 60 per cent of the harmonised maximum clearing price for SDAC, which is, according to the above-mentioned methodology, a precondition for this change.

More information can be found here.