The energy exchanges Nord Pool Spot and Polish Power Exchange (POLPX) has informed the Swe-Pol stakeholder group that the technical changes to their systems should be completed by 15.11.2010.
The proposed implicit auction model will need changes in regulations and approval from the Norwegian and Polish regulatory authorities before final implementation. If regulatory changes are approved and a new contract structure between stakeholders ready and signed, optimization of the cable can be part of implicit auction daily calculation (SESAM) and open for all POLPX and NPS customers by the second half of November.
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, 17.06.2010 16:05 CET
For further information, please contact Nord Pool Spot:
Hans Randen, director trading, phone +47 671 09 170