Parameters of short-term markets
Day-ahead market |
Intraday market |
|
---|---|---|
type of market | daily auction | continuous matching |
traded period | 1 hour | 1 hour |
minimum volume | 0.1 MWh | 0,1 MWh |
maximum volume | 99,999 MWh | 999 MWh |
quantity tick | 0.1 MWh | 0.1 MWh |
trading currency | EUR | EUR |
minimum price | EUR -500/MWh | EUR -9,999/MWh |
maximum price | EUR 4,000/MWh | EUR 9,999/MWh |
price tick | EUR 0,01/MWh | EUR 0,01/MWh |
zero price option | YES | YES |
market opens at | unlimited | 15:00 D-1 |
market closes at | 12:00 D-1 | H-5 minutes |
Threshold values of market-clearing prices for the second auction in the CZ market:
- upper threshold value: EUR +1500/MWh
- lower threshold value: EUR -150/MWh