Message

Affected Period

Status
Closed

Category
Settlements

Run type

Created
24/08/2023 16:03

Last Updated
31/08/2023 10:25

Dear Market Participants,

Please be aware that in accordance with the Market Operator obligation under the T&SC Section F.16.2 'Calculation of Strike Price', following the deployment of Release L, Mod_08_22 Weekly Strike Price Calculation is now effective.

SEMO has published here what are the input sources for the relevant equations as approved by the RAs in the CRM parameters paper.

On this basis, SEMO has calculated the indicative Strike Price (PSTRw) for Billing Week 27^th August – 02^nd September 2023 as 500 Euros.

This will be confirmed when the calculation has been performed in the CSB billing system during the Indicative processing run for the 27^th August 2023.

Strike Price will be effective for all settlement dates from the 27^th August - 02^nd September 2023 inclusive.

Kind regards,

SEMO Team