1. Annex 2 :Timeline t M-n M-1 D-2 D-1 D Yearly explicit auction (part1)
Monthly explicit auction (part2)
Daily implicit auction (part 3) (deadline for exchange and clearing)
D-1 deadline for internal nominations (TSO gateclosure)
Deadline for title transfer of right (closure of SCRM)
Secondary Capacity Rights Market
LT cross border nominations
Deadline D-1 for use of the rights (UIPYOSITM)
Continuous Cross Border intra-day
Hourly H-1 intra-day deadline t
M-n M D D D

2. Annex 3 : Payment scheme SCRM (secondary market LT)
UIPYOSITM (LT)
TSO as buyer on SCRM
SCRM (secondary market LT)
LT Capacity Owners
Auction office
Payment after explicit auction
LT Capacity Buyers
TSOs
Remainder
Remainder = (LT + ST) auction revenu minus UIPYOSITM
TSO use remainder for
PRIORITY use : Firm capacity rights (incentivisation scheme)
New interconnections
Reduction tariffs
Payment after D-1 alloccation
Coupled Power Exchanges
D-1 explicit auction Buyers