JAO

The Joint Allocation Office (JAO) operates as Europe’s Single Allocation Platform (SAP) for the coordinated allocation of electricity transmission rights. It conducts long-term and short-term cross-border capacity auctions (explicit auctions), contributing to the transparent and efficient functioning of cross-border electricity markets. JAO is owned by 26 Transmission System Operators from 23 countries. IPTO holds a 5% stake in the company. 

Official Website: https://www.jao.eu/main