ECC Clearing Circular 28/2020 | Local IDAs

    ECC to offer clearing services for local Intraday auctions in Austria, Belgium, France and The Netherlands

    ECC will extend its offer of clearing services for EPEX SPOT on the Austrian, Belgian, Dutch and French power markets for Intraday auction products, with the expected golive in the second half of September 2020, subject to successful testing.
    The new Intraday auctions will feature

    • 30-min contracts in France (orderbook closure at 14:30 D-1)
    • 15-min contracts in Austria (orderbook closure at 15:00 D-1)
    • 15-min contracts in Belgium (orderbook closure at 15:00 D-1)
    • 15-min contracts in The Netherlands (orderbook closure at 15:00 D-1)

    Furthermore, with this launch, the British and German product groups will also be changed to have a clearer distinction between the Intraday continuous and Intraday auction products.