Market Coupling at EU level

Commission Regulation (EU) 2015/1222 of July 24, 2015, establishing a guideline on capacity allocation and congestion management, regulates the single day-ahead and intra-day coupling of the European Union.
In addition, in order to operate these coupled markets, the figure of the "Nominated Electricity Market Operators" (NEMOs) is created.

According to the Regulation, a NEMO is an entity designated by the competent authority to perform functions related to the single day-ahead or intraday coupling.

OMIE is the NEMO designated in Spain and Portugal since 2015, performing the regulated function of coupling our market with the rest of Europe.

The aforementioned Regulation establishes a series of tasks and individual and collective obligations for the NEMOs in the field of the operation of the single day-ahead and intra-day coupling. Among the collective mandates assigned to the NEMOs, the following ones stand out: the proposed plan for the implementation and joint operation of the Market Coupling Operator (MCO Plan) functions and the proposal of a series of terms, conditions and methodologies.