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22 March 2010 17:40

No. 22/2010 NPS – Status of the Estlink capacity negotiations for the new Estlink bidding area

Two of the owners of the Estlink capacity have offered Estlink capacity to the new Estonian market established by Nord Pool Spot.


The Elspot capacity between Finland (FI) and Estlink (EE) market amounts:

FI to EE:  197,3 MW
EE to FI:  122,5 MW


The total amount of the capacity can increase further based upon coming decisions process in the end of this week.


As part of the implementation of the Estlink bidding area there will also be an arrangement for utilization/implicit auctioning of capacity between Estonia and Russia as well as Estonia and Latvia. For more information on the arrangement: Visit the homepage of Elering  


The introduction of the Estonia-Russia import area and the Estonia-Latvia import and export area requires an addition to the rulebook. Subject to regularatory approval, an appendix 11 'Special regulations for trading in Estonian import and export areas towards Russia and Latvia' will be in force from 31 March 2010.


About Nord Pool Spot
Nord Pool Spot runs the largest electrical energy market in the world, offering both day-ahead and intraday markets to its participants. 330 companies from 20 countries trade on the exchange. The Nord Pool Spot group has offices in Oslo, Helsinki, Stockholm, Fredericia (Denmark) and London. Nord Pool Spot is owned by the Nordic transmission system operators. In 2009 the group had a turnover of 287 TWh representing a value of EUR 10.8 billion.

 


Lysaker, 22 March 2010 16:40 CET

 

 
For further information, please contact Nord Pool Spot:
Hans Randen, director trading, phone +47 671 09 170
Siw Hauge, director communications, phone + 47 90 61 59 92


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