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25 September 2009 16:35

No. 79/2009 Planned implementation of Elspot negative price floor postponed

In Exchange information 16/2009, Nord Pool Spot informed about implementation of a negative Elspot price floor.

Due to required updates to systems and coordinated start up of the German/Danish market coupling the implementation of the negative price floor is postponed.

The new date for the implementation will be 30 November 2009.

The values of the price floor in each trading currency will remain as previously informed:

EUR

-   200

NOK

- 2,100

SEK

- 2,400

DKK

- 1,650

In case of curtailment at the price floor, among the floors listed above, the Elspot calculation system will use the highest price floor as the market price. The highest floor is calculated by multiplying each of the floors in the Nordic currencies by the relevant exchange rate and comparing with EUR -200.

 

Lysaker, 25 September 2009

 

For further information, please contact Nord Pool Spot:

Karri Mäkelä, director operations, phone +358 9 6840 480

 


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