Enlarging the geographical scope Sample Clauses

Enlarging the geographical scope. When coupling cross-border intraday markets regional auctions need to be introduced at large scale; this would require more regional coordination; at least some homogenization is needed on the decisions on when to schedule discrete sessions of the markets and the gate closure times. Last but not least, the persistence of uncoordinated and heterogeneous intraday gate closure times (ID CGT), between but also within bidding zones, is an important barrier to the improvement of liquidity level in intraday markets according to (ACER, 2015). For example, in the Netherlands, the national ID CGT is five minutes ahead of delivery, while different GCTs are in place on their borders (which can be up to 8 hours ahead of real time). According to the CACM regulation, there should be one ID GCT established for each market time unit for a given bidding zone border and this to be at most one hour before the start of this market time unit7.
Sample 1
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