May 23, 2024 13:13 GMT
June Belgium-Netherlands JAO CBC Auction Price Higher On Year
POWER
The latest cross-border capacity (CBC) auction for delivery in June on the Joint Allocation Office (JAO) in the Belgium-Netherland direction increased on the year, data from JAO show.
- All 159MW of offered capacity in the Belgium-Netherland direction was allocated at €11.54/MWh, down from €14.54/MWh also for 159MW for May delivery. But this is higher than delivery for June 2023 at €2.34/MWh for 258MW.
- In the other direction, 156MW of offered capacity was allocated at €3.05/MWh, up from 156MW at €2.65/MWh for May. But lower than 221MW for June 2023 delivery at €4.68/MWh.
- The Belgium-Dutch June spread closed at a €9.08/MWh discount on 22 May, down from €-11.09/MWh from the previous day.
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