With reference to the ongoing outage of the HVDC cable between Italy and Greece, TERNA and ADMIE inform market participants that further damages, caused by third parties, were found during the restoration work.
The restoration of the further damages, which is currently underway, required the involvement of qualified companies.
The completion of the works is expected in early September.
During the outage period no daily auctions will be performed, the NTC between Greece and Italy will be set to zero (0) and the Joint Auction Office (JAO) will curtail the long-term capacities already allocated according to the Auction Rules provisions.
Possible update referred to this notice will be promptly communicated by TERNA and ADMIE.