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Baltic states (Lithuania, Latvia, Estonia) · epex-spot-baltic-sidc-ida-launch

EPEX SPOT joins SIDC Intraday Auctions (IDA) in the Baltic states

Go-live
ENERGY MARKETSINTRADAYIntraday auctionsSIDC integrationCross-border tradingNEMO competitionMarket couplingSingle Intraday Coupling (SIDC) governance under the All NEMO Committee, within the EU CACM Regulation framework
1Problem identified
2Consultation
3Proposal
4Regulatory review
5Decision
6Implementation
7Go-live
8Market impact
What changed

As of 8 September 2026, EPEX SPOT began participating in the SIDC Intraday Auctions (IDA) mechanism in the Baltic states, following its earlier launch of continuous SIDC intraday trading there in November 2025.

Why it matters

The expansion adds a second SIDC-integrated trading venue (EPEX SPOT) to the Baltic intraday auction market, increasing competition among power exchanges, broadening access points for cross-border intraday trading, and further embedding the Baltic states into the pan-European Single Intraday Coupling framework.

Design impact
Price formation●●○
Cross-border capacity●●●
Liquidity●●●
Operational security○○○
Market participants●●○
Affected markets
SIDC Intraday Auctions (IDA)Baltic intraday marketEPEX SPOT continuous SIDC market
Who is affected
EPEX SPOTNEMOs (Nominated Electricity Market Operators)Baltic TSOsPower traders and suppliers active in Baltic statesAll NEMO Committee
MD analysis

This is an incremental but structurally meaningful step in intraday market integration: EPEX SPOT's admission to IDA in the Baltics complements its existing continuous SIDC participation, giving market participants an additional NEMO through which to access the harmonized EU-wide intraday auction mechanism (IDA1/IDA2/IDA3). For price formation, having more competing NEMOs operating the same coupled auction can marginally improve price discovery and liquidity concentration at auction gate closures, though the auction algorithm and cross-zonal capacity allocation remain governed centrally by the All NEMO Committee/SIDC operational framework, limiting differentiation. The practical effect is mostly on market access and competition among exchanges rather than a change to the underlying auction design itself. Cross-border capacity utilization in the Baltic intraday timeframe should become marginally more efficient as more participants can trade via a NEMO of their choice. No change to operational security processes is implied; this is an entry of a new NEMO into an existing mechanism, not a redesign of auction rules.

Rule / framework

Single Intraday Coupling (SIDC) governance under the All NEMO Committee, within the EU CACM Regulation framework

Next milestone

Primary sources

PSE · TSO · 2026-09-11

EPEX SPOT rozszerza działalność na rynku dnia bieżącego w państwach bałtyckich

Open primary source ↗
pse-8155154683