This site uses cookies to offer you a better browsing experience. Find out more on how we use cookies and how you can change your settings.

Nord Pool logo
Nord Pool logo
  • Trading
    • Join our markets
      • Contact us
      • Becoming a customer
      • Membership list
    • Operational messages
    • Day-ahead trading
      • Order types
      • Price calculation
      • Preliminary prices and exchange rates
      • Capacities
      • Ramping
      • Loss functionality
      • Curtailment, price thresholds and decoupling
    • Intraday trading
      • Order types
      • Capacities
    • Clearing
      • Settlement
      • Collateral
      • Trading Models
    • API
      • ISV partners
    • Rules and regulations
    • Market surveillance
      • Market Surveillance Newsletter
      • Expert reports
    • Intraday Auctions
    • Nordic Flow-Based Day-Ahead Market Coupling
      • Impact of Nordic Flow-Based on the Nordic System Price
      • System price results
    • Transition to 15-minute Market Time Unit (MTU)
      • FAQ
    • EPAD auctions
    • Euronext Nord Pool Power Futures
  • Services
    • Power Data Services
      • Day-Ahead Market Data
      • Aggregated Bidding Curves
      • Intraday Market Data
      • Intraday Hub2Hub
      • New Data Portal
      • Electricity retailers
      • Data Portal inquiry
      • Other products
      • FAQ
      • Inquire and Order
    • Compliance
      • REMIT UMM
      • REMIT transaction reporting service
      • REMIT Best Practice Report
    • Consulting
      • Key Stakeholders
      • Consultancy services
      • Recent projects
    • Nord Pool Academy
      • Course Portfolio
      • The Physical and Financial Power Markets Course 11 and 12 June 2025
      • Flow-Based in Depth Course
      • Nord Pool Certified Compliance Course - 8 May 2025
      • Nord Pool Certified Compliance Course 18 June 2025 – LIVE!
      • Nord Pool Certified Day-Ahead Trader Course
      • Customer Reviews
  • Media
    • Newsroom
      • Press releases
      • Newsletters
      • Market Surveillance Newsletters
      • TSO news
      • Whitepapers
      • Articles
      • Subscribe to Press releases
      • Subscribe to Updates
    • Events
      • On-demand webinars
      • Euronext Nord Pool Power Futures – EUA testing Webinar
      • Danish Regional Meeting
      • SDAC 15 Minutes MTU Webinar
    • Photos
    • Annual report
    • Media contacts
  • About us
    • Our business
    • Organisation
      • CEO
      • Strategy & Products
      • Operations, Risk, Clearing & Settlement and HR
      • Public Affairs, Communication & Marketing
      • Legal, Regulatory & Market Coupling Operation
      • Product Development & Innovation
      • Nordic, Baltic & UK​
      • Western & Central Europe
      • Board of Directors
    • Careers
    • History
    • Terms and conditions for use of website
    • Control cookies
    • ESG
      • Product offerings
      • The Norwegian Transparency Act
      • Social
      • Governance
  • Market data
Newsroom
  • Press releases
  • Newsletters
  • Market Surveillance Newsletters
  • TSO news
  • Whitepapers
  • Articles
  • Subscribe to Press releases
  • Subscribe to Updates
Events
  • On-demand webinars
  • Euronext Nord Pool Power Futures – EUA testing Webinar
  • Danish Regional Meeting
  • SDAC 15 Minutes MTU Webinar
Photos
Annual report
Media contacts
Back to listings
27 August 2008 16:22

No. 55/2008 Introduction of implicit auction via the Estlink cable by 1 July 2009 at the earliest

The NPS Baltic project is progressing successfully towards the target to open a new Estlink price area via Nord Pool Spot’s Elspot market. However, amendments to the current Estonian legislation are required to fulfill this target.

Project Leader Pasi Kuokkanen believes that opening a new price area by July 2009 is realistic, but he is slightly concerned about the role of eligible customers under the regulated tariff in Estonia.  

The Steering Committee of the project has consequently decided to prolong the project to support the ongoing development.

Due to the required amendments to the Estonian legislation, the price area Estlink will not be launched until July 1, 2009.

The final target of the NPS Baltic project is to create a trustworthy reference price for the Baltic electricity markets. The immediate target of the project is the planning and establishment of an Estlink price area. The participants involved are Nord Pool Spot AS, AS Latvenergo, Lietuvos Energija AB, OÜ Põhivõrk, Finestlink Oy, Eesti Energia AS, Fingrid Oyj, and Nordic Energy Link.

 

Lysaker, 27 August 2008

 

For further information please contact:

Karri Mäkelä, Chairman of the SC,  NPS Baltic project,  tel. +358 9 68404810      
Pasi Kuokkanen, Project Leader,  NPS Baltic project,  tel. +358 45 1245000      
 


Next message

Choose quarter

{{ group.year }}

  • ({{ period.count }})
Nord Pool logo

    Nord Pool AS

    Tel. +47 6710 9100

    P.O. Box 121

    1325 Lysaker, Norway

Market Data

  • Day-ahead
  • Intraday
  • Power system data
  • Map

Trading

  • Join our markets
  • Operational messages
  • Day-ahead trading
  • Intraday trading
  • Clearing
  • API
  • Rules & regulations
  • Market surveillance
  • Customers have their say

Services

  • Premium Data Services
  • Compliance
  • Consulting
  • Nord Pool Academy
  • German mini-site
  • French mini-site

The Power Market

  • Day-ahead market
  • Intraday market
  • CACM regulation
  • Benchmark regulation - Nordic system price
  • Market members
  • Bidding areas

Social media

Quick links

  • UMM
  • Auction
  • Intraday Web
  • CASS
  • Intraday and GB Half Hourly auctions

Media

  • Press
  • Newsroom
  • Annual report
  • Download center

About us

  • Careers
  • Advisory board
  • History
  • Organisation
  • Corporate Compliance Policy
  • Control cookies

Contact us

  • Norway
  • Sweden
  • Finland
  • Estonia
  • UK
  • Germany

© Nord Pool 2020 | Imprint, Data Policy, Legal Notice, How We Treat Personal Data