Calculation of clearing price at interconnection points
Article 23
The clearing price for a given standard capacity product at an interconnection point shall be calculated in accordance with the following formula:
P cl = P R,au + AP
Where:
P cl is the clearing price;
P R,au is the applicable reserve price for a standard capacity product which is published at the time when this product is auctioned;
AP is the auction premium, if any.
Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗ · Data as of 2026-07-04
CitationArticle 23 of Commission Regulation (EU) 2017/460 (LawPlayer, data as of 2026-07-04)
