Events

On 12th February 2019, two of JAO’s operators, will maintain a workshop and present the eCAT platform at the Nemo Link Conference and launch celebration in London. JAO can offer annual, non-calendar annual, seasonal, quarterly, monthly, weekly, weekend, daily and intra-day auctions. Next to this, JAO provides administrative and settlement services to Transmission System Operators and acts as a fall-back for the European Market Coupling. With experience of more than 9000 daily auctions per year JAO is looking forward to provide service for the Nemo Link Ltd.

This workshop gives an opportunity for market participants to get acquainted with the auctions and nomination processes and prepare themselves for future trading. The first Nemo Link shadow auction will be launched on the 19th of February at JAO’s e-CAT platform.

To ensure a successful project launch, Nemo Link organized the workshop in London and JAO’s professionals had an opportunity to share their knowledge and experience, regarding the Joint Allocation Office auction mechanism and Nemo Link specificities. Participants were shown a live demo of the auction tool eCAT and were introduced on how to efficiently use the platform for trading allocation capacities. The first Nemo Link shadow auction is planned for 19th of February.

The Energy Trading Central & South Eastern Europe (ETCSEE) is a two days conference event hosted in Budapest from 19th to 20th of June 2019 for the energy trading community. Corné Meeuwis, CEO of the Joint Allocation Office (JAO) will be one of the speakers at the keynote panel discussion. Together with Florian Ermacora from European Commission, Tahir Kapetanovic from Austrian Power Grid AG and Zbyněk Boldiš from ČEPS, it will be discussed how governments, regulators and TSOs will help wholesale markets and about dispatch, re-dispatch and enabling cross-border transactions. Corné Meeuwis will talk about JAO’s auctions and long-term allocation of transmission capacities on the borders between EU countries.

On 24 June 2015 the General Assemblies of CAO and CASC.EU, the two regional allocation offices for cross border electricity transmission capacities, approved the merger agreement to create the Joint Allocation Office (JAO). This is a major milestone for facilitation of the internal electricity market in the European Union.

The JAO is a joint service company of twenty Transmission System Operators (TSOs) from seventeen countries*. It will mainly perform the yearly, monthly and daily auctions of transmission rights on 27 borders in Europe and act as a fall-back for the European Market Coupling. After two years of careful and intensive preparation, the new allocation platform will be established on 1 September 2015 and initially perform auctions for the 2016 annual transmission rights. The JAO constitutes a merger of CAO Central Allocation Office GmbH located in Germany and CASC.EU S.A. located in Luxembourg.

After the merger, both offices will run in parallel until the end of 2015 to ensure uninterrupted operation of the monthly and daily auctions on all borders concerned. All operations will be fully transferred to Luxembourg in the first quarter of 2016.

The JAO substantially increases the efficiency and transparency of the electricity market in Europe by becoming the single point of contact for market participants, creating a liquid and almost Europe-wide platform for transmission rights allocation. Zbyněk Boldiš (ČEPS, Czech TSO), the chairman of the Joint Steering Team of the merger project, underlines: “With only one technical interface for managing most European borders, the JAO simplifies trading to more than 200 market participants and promises savings of several million Euros to the TSOs in the next years.”

As harmonisation of Auction Rules is an ongoing process, the JAO will adapt its services accordingly as soon as the Harmonised Auction Rules have been approved by all National Regulatory Agencies in charge.

The JAO is open for other TSOs who can join by becoming shareholders of the JAO or just by using its services.

* 50Hertz (DE), Admie (GR), Amprion (DE), APG (AT), ČEPS (CZ), CREOS (LU), ELES (SI), ELIA (BE), EnerginetDK (DK), HOPS (HR), MAVIR (HU), PSE (PL), RTE (FR), SEPS (SK), Statnett (NO), Swissgrid (CH), TenneT (DE), TenneT (NL), Terna (IT), TransnetBW (DE)