IRGiT S.A. (“IRGiT”) has amended the Detailed Clearing and Settlement Rules of the Exchange Clearing House (“Detailed Clearing and Settlement Rules”) to reflect:
- changes to the model for determining the Clearing prices for delivery periods for electricity and gas,
- changes to the methodology for calculating contributions to the Guarantee Fund, in which Power Groups and Clearing House Members operating within Power Groups are excluded from the calculation of the total Guarantee Fund amount.
The amendments to the regulations come into force on 16 September 2025.
Accordingly, on 16 September 2025 the Clearing Prices for delivery periods, determined under the new model will be entered in the clearing system and reflected in the calculated values of collateral margins. Between 1 and 5 September 2025, IRGiT will inform Clearing House Members of the value of the Clearing prices for delivery periods calculated under the new model and the required collateral margin values estimated on their basis.
The change in the methodology for calculating contributions to the Guarantee Fund will be reflected in the next update of contribution after the effective date of the changes, i.e. on 1 October 2025.
Please see the detailed notice: Amendments to IRGiT regulations and Detailed Clearing and Settlement Rules.