IDA1: Gate Closure Time for market parties at D-1 15h. Allocated period D
0h-24h
IDA2: Gate Closure Time for market parties at D-1 22h. Allocated period D
0h-24h
IDA3: Gate Closure Time for market parties at D 10h. Allocated period D
12h-24h
EUPHEMIA, i.e. the algorithm developed for SDAC, is used for the purpose of IDAs. The public description of EUPHEMIA (applicable to IDA and to SDAC) is available in the following link: https://www.nemo-committee.eu/assets/files/euphemia-public-description.pdf
IDAs solution supports hourly, half-hourly and quarter-hourly products.
However, for the time being simple orders of only one time resolution are allowed in each BZ.
Additional order types supported are simple block order and merit order.
25 June 2024: European Energy Market Milestone: Intraday Auctions (IDAs) Successfully Implemented
14 June 2024: Intraday Auctions (IDAs) were implemented across Europe on 13 June 2024
29 May 2024: Confirmation of the go-live date for Intraday Auctions (IDAs)
25 April 2024: IDA Pre-launch event video
18 April 2024: IDA Pre-launch event MoM
22 March 2024: IDA Pre-launch event presentation
22 March 2024: SIDC held a pre-launch event about the new Intraday auction
23 February 2024: Information Package about Intraday Auction
19 February 2024: IDA go-live Pre-launch event - agenda, registration and information package
31 January 2024: IDA go-live on Single Intraday Coupling (SIDC) Pre-launch Event Invitation letter