"Nemo Committee" Established To Manage Joint Responsibilities of Nemos Under Cacm: Mco Plan Submitted To Nras
"Nemo Committee" Established To Manage Joint Responsibilities of Nemos Under Cacm: Mco Plan Submitted To Nras
with a mandate of six months. In this role, Claxton will help facilitate the internal work of the
NEMO Committee as well as the discussions with the NRAs, TSOs and other stakeholders
linked to or interested in the CACM implementation process.
CACM assigns jointly to all NEMOs the critical responsibility to develop and operate the MCO
function that includes the core order matching and price formation process in market coupling.
Since December 2015, the designated NEMOs have worked together efficiently to establish the
new arrangements and deliver the MCO Plan within the challenging four-month deadline set out
by CACM.
The NEMO Committee currently exists in an interim form: participation is voluntary and the
focus is on delivering the methodologies required from NEMOs over the coming months. Once
the MCO Plan is approved, the NEMO Committee will take on a more formal overall
responsibility for the MCO function implementation and operation.
Contact
Andrew Claxton
Chairman, (Interim) NEMO Committee
[email protected]
NEMO Committee Members
APX Commodities Ltd.
Belpex SA
Nord Pool AS
OKTE a.s.
EirGrid plc
EPEX SPOT SE
EXAA Abwicklungsstelle fr Energieprodukte
AG
Gestore dei Mercati Energetici S.p.A.
OTE A.S.
SONI Limited
Towarowa Gieda Energii S.A.