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
