The required timings for Pool processes in respect of a Trading Day are set out below:
D (Trading Day)
D-1 (One day before the Trading day)
D+1 (One day after the Trading day)
2BD After Authority determination Not specified
Initiating:Market OperatorEvent: Market Operator publishes Pool Price Cap determined by the Authority
2BD After Authority determination Not specified
Initiating:Market OperatorEvent: Market Operator publishes Pool Price Cap determined by the Authority
Start of year -4 MonthsNot specified
Initiating:Transmission CompanyEvent: Transmission Company provides to the Authority a report recommending values for Tolerances for Over Delivery and Tolerances for Under Delivery
2BD after Authority determination or start of year – 2 Months, whichever is earlierNot specified
Initiating:Market OperatorEvent: Market Operator publishes Reliability Price determined by the Authority
Initiating:Market OperatorEvent: Market Operator publishes Indicative Aggregate Pool Price
d+2BD13:00
Initiating:Market OperatorEvent: Market Operator initiates Indicative Energy Settlement Run
d+2BD15:00
Initiating:Market OperatorEvent: Market Operator issues Indicative Daily Energy Settlement Statements
d+5BD11:00
Initiating:Market OperatorEvent: Market Operator takes resolved settlement queries into account for Confirmed Market Schedule Run and Confirmed Energy Settlement Run
d+5BD13:00
Initiating:Market OperatorEvent: Market Operator initiates Confirmed Market Schedule Run
Initiating:n/aEvent: Settlement Query Deadline for Month for Scarcity Settlement
m+10BD11:00
Initiating:Market OperatorEvent: Market Operator takes resolved settlement queries into account for Confirmed Monthly Scarcity Price Run and Confirmed Monthly Scarcity Settlement Run
m+10BD13:00
Initiating:Market OperatorEvent: Market Operator initiates Confirmed Monthly Scarcity Price Run
m+10BD15:00
Initiating:Market OperatorEvent: Market Operator publishes Scarcity Prices from Confirmed Monthly Scarcity Price Run, Scarcity Factors and Margins
m+10BD15:00
Initiating:Market OperatorEvent: Market Operator publishes Confirmed Aggregate Pool Prices
m+11BD13:00
Initiating:Market OperatorEvent: Market Operator initiates Confirmed Monthly Scarcity Settlement Run
Initiating:Market OperatorEvent: Market Operator issues Pool Invoices
y+11BD13:00
Initiating:Market OperatorEvent: Market Operator initiates Confirmed Monthly Scarcity Settlement Run for final Month of the Year, including year-end reconciliation of Scarcity Credits
y+11BD5:00
Initiating:Market OperatorEvent: Market Operator initiates Confirmed Monthly Scarcity Settlement Statements issued for final Month of the Year, including year-end reconciliation of Scarcity Credits
d+24 Months13:00
Initiating:n/aEvent: Additional Energy Settlement Run deadline
m+Months remaining in Year+24 Months13:00
Initiating:n/aEvent: Additional Scarcity Settlement Run deadline