Nominated electricity market operator (NEMO) – designation

Companies that want to apply - how to apply

To apply for designation, the company must be able to demonstrate that it continuously meets the requirements found in Article 6 CACM.
Requirements in article 6:

• it has contracted or contracts adequate resources for common, coordinated and compliant operation of single day- ahead and/or intraday coupling, including the resources necessary to fulfil the NEMO functions, financial resources, the necessary information technology, technical infrastructure and operational procedures or it shall provide proof that it is able to make these resources available within a reasonable preparatory period before taking up its tasks in accordance with Article 7;
• it shall be able to ensure that market participants have open access to information regarding the NEMO tasks in accordance with Article 7;
• it shall be cost-efficient with respect to single day-ahead and intraday coupling and shall in its internal accounting keep separate accounts for MCO functions and other activities in order to prevent cross-subsidisation;
• it shall have an adequate level of business separation from other market participants;
• if designated as a national legal monopoly for day-ahead and intraday trading services in a Member State, it shall not use the fees in Article 5(1) to finance its day-ahead or intraday activities in a Member State other than the one where these fees are collected;
• it shall be able to treat all market participants in a non-discriminatory way;
• it shall have appropriate market surveillance arrangements in place;
• it shall have in place appropriate transparency and confidentiality agreements with market participants and the TSOs;
• it shall be able to provide the necessary clearing and settlement services;
• it shall be able to put in place the necessary communication systems and routines for coordinating with the TSOs of the Member State.
  

Send your application to the Swedish Energy Markets Inspectorate (Ei), contact Ei.

Ei will then assess whether the candidate meet the criteria set out in Article 6 CACM. The designations can be refused where the designation criteria in Article 6 are not met or in accordance with Article 5 CACM.

If the company already been designated in another member state

If the company already have been designated as a NEMO in another country within the EU, it has the right to offer their services in Sweden. The designated NEMO must notify Ei 2 months before it to proposes to perform commencing operation single-day ahead or intraday coupling in Sweden.

In the notification include details of which country that has designated the company as a NEMO as well as if the company intend to offer services on both day-ahead and intraday market and on which bidding zone borders.

Send your notification to the Swedish Energy Markets Inspectorate (Ei), contact Ei.

Read more

Read more about the designation on Ei’s website (in Swedish only) and in article 4, 5, 6 and 7 in CACM. CACM External link. (english version).

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