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Impacts on French electricity market mechanisms following post-Brexit agreement between the United Kingdom and the European Union.
Following the Trade and Cooperation Agreement concluded between the United Kingdom and the European Union, RTE informs market participants that terms and conditions described in the communication published on 15 December 2020 are applicable as from 31 December 2020.
Regarding France - England capacity allocation (IFA), daily explicit auctions will take place in the interim until, in compliance with the terms defined in the agreement, a new trading model across interconnectors between the United Kingdom and the European Union can be put in place.
As the situation is evolving, RTE will communicate updated or additional information if necessary.
For additional information, please contact marketservices@rte-france.com (tel: +33.1.41.66.70.00) or your usual sales contact.
December 29, 2020