Common merit order list (CMOL) in the European Union Internal Electricity Balancing Market is a list of balancing energy bids sorted in order of their bid prices, used for the activation of those bids (Commission Regulation (EU) 2017/2195 of 23 November 2017 establishing a guideline on electricity balancing, Article 2(37)).
According to Article 29(7) of the said Commission Regulation (EU) 2017/2195 of 23 November 2017 the activation of balancing energy bids is to be based on a TSO-TSO model with a common merit order list.
Article 31(2) - (5) of the said Commission Regulation (EU) 2017/2195 stipulates that:
- common merit order lists shall consist of balancing energy bids from standard products;
- all Transmission System Operators (TSOs) shall establish the necessary common merit order lists for the standard products,
- upward and downward balancing energy bids shall be separated in different common merit order lists,
- each activation optimisation function shall use at least one common merit order list for upward balancing energy bids and one common merit order list for downward balancing energy bids,
- TSOs shall ensure that the balancing energy bids submitted to the common merit order lists are expressed in euros,
- TSOs shall ensure that the balancing energy bids submitted to the common merit order lists make reference to the market time unit,
- depending on the requirement for standard products for balancing energy, TSOs may create more common merit order lists.
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Documentation |
Network Code on Electricity Balancing (Commission Regulation (EU) 2017/2195 of 23 November 2017 establishing a guideline on electricity balancing - NC EB), Article 2(37), Article 29(7), Article 31(2) - (5)
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