The Annex to EC Regulation No. 1228/2003, the Congestion Management Guidelines, will enter into force from December 2006. These guidelines were published in the Official Journal of the European Union on 11 November 2006 and can be found on this URL: http://ec.europa.eu/energy/electricity/legislation/legislation_en.htm.
For Nord Pool this will imply that the threshold for reporting Urgent Market Messages will be reduced from 200 MW to 100 MW. The Standard Terms for Trading in Nord Pool Spots Physical Markets and Trading Rules for Financial Electricity Contracts and Certificate Contracts at Nord pool ASA will be amended to become compatible with the change. A new Exchange Information will be published when these amendments are finalized.
Lysaker, 30 November 2006
For further information, please contact Nord Pool:
Marianne Wergeland Jenssen, Senior vice president financial market, Nord Pool ASA, phone +47 67 52 80 76 or mobile phone: +47 901 36 853
Rickard Nilsson, Project Manager, Nord Pool Spot AS, phone: +46 8 555 166 06 or mobile phone: +46 739 818 965
Press contact:
Lars Galtung, Vice president communications, Nord Pool Group, phone +47 67 52 80 80 or mobile phone: +47 982 14 812