Having received a request of activation of a trading session of the MLT-Flex from the DSO Areti S.p.A., GME informs Market Participants, under art. 23, para. 23.2 of the MLF Regulations, that:

1. the trading session will be held on 26/02/2025;
2. the preliminary information about the MLT-Flex session, necessary for carrying out the trades, will be made available in the MLF information system on 25/02/2025;
3. the sitting for submission of offers will be opened at 09:00 on 26/02/2025;
4. the sitting for submission of offers will be closed at 15:30 on 26/02/2025 ;
5. the preliminary results of the session will be communicated and published in the MLF information system within 16:00 on 26/02/2025;
6. the final results of the session, after the technical validation of offers by the DSO, will be communicated and published within 17:00 on 26/02/2025.

Having received a request of activation of a trading session of the MLT-Flex from the DSO Areti S.p.A., GME informs Market Participants, under art. 23, para. 23.2 of the MLF Regulations, that:

1. the trading session will be held on 25/02/2025;
2. the preliminary information about the MLT-Flex session, necessary for carrying out the trades, will be made available in the MLF information system on 24/02/2025;
3. the sitting for submission of offers will be opened at 09:00 on 25/02/2025;
4. the sitting for submission of offers will be closed at 15:30 on 25/02/2025;
5. the preliminary results of the session will be communicated and published in the MLF information system within 16:00 on 25/02/2025;
6. the final results of the session, after the technical validation of offers by the DSO, will be communicated and published within 17:00 on 25/02/2025.

Further to its communication of 24 December 2024, GME informs market participants that, as of today, the amendments to the Integrated Text of the Electricity Market Rules (hereafter: ME Rules) will enter into force. The amendments, approved by the Ministry of Environment and Energy Security (MASE) with its Decree no. 450 of 20 December 2024, were aimed at implementing the provisions laid down in the Integrated Text of the Electricity Dispatching Rules (TIDE), and at introducing a compensatory component into the Electricity Market after the replacement of Prezzo Unico Nazionale (PUN – national single price).

As of today, with their publication on GME’s website, also the new updated versions of the Technical Rules related to the ME Rules will take effect. The updated Technical Rules are as follows:

ME

1. Technical Rule no. 01 rev 03 - Holidays
2. Technical Rule no. 03 rev 09 - Loss of Qualifications or Default by the Bank Issuing the Bank Guarantee
3. Technical Rule no. 04 rev 10 - Submission, modification, allocation and return of guarantees
4. Technical Rule no. 05 rev 08 - VAT Taxation in the Electricity Market
5. Technical Rule no. 06 rev 01 - Notifications about the procedure of admission/exclusion to/from the market
6. Technical Rule no. 07 rev 12 - Bid/Offer Adequacy Verifications and Available Amount of Financial Guarantees
7. Technical Rule no. 08 rev 18 - Invoicing of payables/receivables and settlements of payments
8. Technical Rule no. 09 rev 01 - Unit of measurement
9. Technical Rule no. 10 rev 01 - Communication of the ACER code
10. Technical Rule no. 11 - Market time interval and imbalance settlement period

MTE

1. Technical Rule no. 01 rev 06 - Trading Period and Regulation of Contracts in the MTE
2. Technical Rule no. 02 rev 04 - Submission of bids/offers into the MTE
3. Technical Rule no. 03 rev 04 - Price and Quantity Limits
4. Technical Rule no. 04 rev 01 - Reference price
5. Technical Rule no. 05 rev 2 - Closing of contractual positions upon default

MPE

1. Technical Rule no. 01 rev 03 - Solar Time and Daylight Saving Time in the MGP, MI and MSD
2. Technical Rule no. 02 rev 5 - Management of Emergency Conditions in the MGP, MI, PN and MSD
3. Technical Rule no. 03 rev 12 - Timing of activities for the sessions of the MGP, MI, MSD and for the Nomination Platform
4. Technical Rule no. 04 rev 6 - Submission of Bids/Offers
5. Technical Rule no. 05 rev 3 - Products tradable in the MGP and MI, number of multiple bids/offers in the MGP, MI-A and MSD and maximum number of block bids/offers in the MGP and MI-A
6. Technical Rule no. 08 rev 3 - Methods for calculating the margins for the purposes of the MGP and MI by GME in the event of non-receipt
7. Technical Rule no. 10 rev 4 - Checks of technical adequacy of bids/offers with respect to margins
8. Technical Rule no. 11 rev 8 - Definition of Conventional Prices
9. Technical Rule no. 13 rev 1 - Reopening of the MGP sitting
10. Technical Rule no. 14 rev 1 - Defining the results of the MGP and MI
11. Technical Rule no. 15 rev 2 - Non-performance of market coupling
12. Technical Rule no. 17 rev 1 - Daily products tradable in the MPEG and trading period
13. Technical Rule no. 18 rev 2 - How to submit offers/bids into the MPEG
14. Technical Rule no. 19 rev 1 - Booking of margins for forward accounts on the PCE and registration of net delivery positions
15. Technical Rule no. 20 rev 3 - Technical limits of bids/offers in the MGP, MI and MSD
16. Technical Rule no. 21 rev 1 - Procedures for submitting requests for registration of nominations
17. Technical Rule no. 22 rev 1 - Verification of validity and adequacy of requests for registration of nominations, determination and communication of nominations
18. Technical Rule no. 23 - Units and aggregations of units for injection, withdrawal, and provision of ancillary and redispatching services
19. Technical Rule no. 24 - Creation of zonal portfolios
20. Technical Rule no. 25 - PUN Index GME

Further to its communication of 19 December 2024, GME informs market participants that, as of today, the amendments to the Rules Governing the Forward Account Registration Platform (hereafter PCE Rules) and to the related Technical Rules – approved by the Regulatory Authority for Energy, Networks and Environment (ARERA) with its Resolution 552/2024/R/eel – will go into force. The amended Technical Rules are as follows:

1. Technical Rule no. 01 rev 02 - Access to the Information System
2. Technical Rule no. 02 rev 01 - Communications between GME and Participants under emergency conditions
3. Technical Rule no. 03 rev 06 - Registration of transactions and CET bids/offers
4. Technical Rule no. 04 rev 06 - Validation, technical adequacy verifications, and available amount of the financial guarantee
5. Technical Rule no. 05 rev 01 - Priority order of requests for registering CET bids/offers
6. Technical Rule no. 06 rev 17 - Time limits, terms and conditions for invoicing and settlement of payments
7. Technical Rule no. 07 rev 02 - Criteria for determining the estimated transmission capacity fee (CCT)
8. Technical Rule no. 08 rev 01 - Default interest and penalty
9. Technical Rule no. 09 rev 01 - Guarantees towards Terna
10. Technical Rule no. 10 rev 07 - Submission and return of guarantees
11. Technical Rule no. 11 rev 04 - Loss of qualifications or failure to fulfil obligations by the bank issuing the bank guarantee
12. Technical Rule no. 12 - Holidays
13. Technical Rule no. 13 - Market Time Interval
14. Technical Rule no. 14 - Units of measurement

GME informs market participants that the Ministry of Environment and Energy Security (MASE) has issued Decree no. 450 of 20/12/2024 (published on the website of MASE) approving the following amendments to the Integrated Text of the Electricity Market Rules (ME Rules), the Integrated Text of the Natural-Gas Market Rules (MGAS Rules), and the Regulations of the Platform for the Trading of Bids/Offers of Natural Gas (P-GAS Regulations):

1. urgent amendments to the MGAS Rules, adopted in accordance with Art. 3.6 of the same Rules, entered into force on 30 January 2024, and concerning the elimination of “bids/offers without a price limit”;
2. urgent amendments to the ME Rules, MGAS Rules, and P-GAS Regulations, adopted in accordance with Arts. 3.5 and 3.6 of the same Rules, entered into force on 1 October 2024 and aimed at complying with Regulation (EU) 2024/1106 as regards improving the Union’s protection against market manipulation on the wholesale energy market;
3. amendments to the ME Rules, adopted in accordance with Arts. 3.4 and 3.5 of the same Rules, in order to incorporate - with effect from 1 January 2025, day of flow of the Electricity Market - the provisions introduced by ARERA with its Resolution 345/2023/R/EEL, as subsequently amended and supplemented, concerning the new Integrated Text of the Electricity Dispatching Rules (TIDE), and the further provisions laid down in Decree no.151/2004 of MASE regarding: i) the valuing of demand bids in the Day-Ahead Market (MGP) at zonal prices; ii) the calculation of the reference price of electricity traded in the MGP; and iii) the introduction of the compensatory component as a result of the replacement of national single price (“prezzo unico nazionale”).

With a view to facilitating the implementation of the new provisions by market participants as of the day of flow 1 January 2025 (i.e. go-live of TIDE and replacement of the national single price), and following up on its communication of 1 August 2024, GME reminds market participants that the updated version of the ME Rules, as approved pursuant to the above-mentioned decree, is available, for informational purposes only, in the “TIDE” section of its website .

However, until the date of effect of the new provisions indicated above, transactions in the Electricity Market will continue to be governed by the current provisions published in the appropriate sections of GME’s website.

GME reminds its users that its historical website (https://storico.mercatoelettrico.org) will no longer be accessible from 31 December 2024.

Therefore, GME invites all users who have not done so yet to familiarise themselves with the NEW WEBSITE, which will become GME's single reference portal, accessible from both https://www.mercatoelettrico.org/  and  https://gme.mercatoelettrico.org. 

In support of navigation, the Footer on each page of the website will display not only the Site Map but also the item How to browse GME's new website, which will redirect to a FAQ page useful to find new ways to explore different kinds of content.

NEW SITE VIDEO

In view of the entry into force of TIDE on 1 January 2025, GME announces that, in the TIDE section of its website, it has published, for informational purposes only, the set of the main documents. The documents, which have been appropriately revised, are intended to facilitate the implementation of the new provisions by Participants in the Electricity Market (ME) and in the Forward Account Registration Platform (PCE).

The above-mentioned supporting documents will remain available in the TIDE section until the entry into force of TIDE (1 January 2025). On the latter date, the documents will be published in the respective sections of GME’s website.

The TIDE section also features the information and documents that are necessary to submit ME and PCE delegations to GME with validity from 1 January 2025.

Following some reports received by telephone and email to Gestore dei Mercati Energetici S.p.A. ("GME"), it seems that these telephone calls are made by a supposed "GME Office" and/or so-called GME operators, regarding proposals to change the electricity and/or gas supplier due to increases in cost of energy, not properly specified, or problems in the current supply, which were followed, in some cases, by emails with similar content.

It should be remembered that GME is completely unrelated to the event mentioned above. We would like to clearly state that we do not provide, in any way, commercial services such as those described above. Furthermore, we do not use communication methods with our clients such as those outlined above.

When in doubt, we always suggest to make sure of the above by contacting your current electricity and/or gas supplier according to the contact methods made available by the same. In any case, we suggest to avoid any possible follow up about proposals such as those highlighted above, in order not to face any unpleasant inconveniences.