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20 January 2009 10:35

No. 09/2009 Nord Pool Spot introduces Elbas intraday market in Norway 4 March 2009

Norway joins the Elbas market 4 March 2009. The Elbas markets expansion to Norway enables cross-border intraday trading between Norway and the other Nordic countries and Germany via the physical cables to Denmark and Sweden.

All balance responsible parties in Norway may join the Elbas market. Gate closure for Elbas trading in Norway is two hours before delivery hour. As soon as the Norwegian participants and Statnett have adjusted to the new routines for Elbas trading, gate closure for Elbas trading in Norway will be moved to one hour before delivery hour. The delivery hours for the next day will open for trading in Norway every day at 14.00 CET.

The transmission capacity available for trading on the Elbas market is the remaining transmission capacity available after the Elspot day-ahead planned physical flow has been determined. Additionally, the transmission system conditions and ramping requirements influence the Elbas capacities and are determined by the Nordic transmission system operators (TSOs). The Elbas capacities are reported to the Elbas system by Statnett, Energinet.dk, Fingrid and Svenska Kraftnät.

From the 4 March 2009 Elbas covers Finland, Sweden, Western Denmark, Eastern Denmark, Norway and Germany. 

 

Lysaker, 20 January 2009

 

 

For further information, please contact Nord Pool Spot or Statnett:


Marie Thuestad, director sales, Nord Pool Spot AS, phone +47 9704 0190

Jan Hystad, Landssentralen, Statnett, phone +47 2252 7357

Kristian Lund Bernseter, project manager, Statnett, phone +47 2252 7336

Elbas helpdesk, phone +47 6752 8010, e-mail [email protected]


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