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29 October 2010 19:18

No. 57/2010 NPS – CWE-ITVC launch is targeted on November 9 2010

We hereby report to you on the status of the launch of the CWE price coupling combined with the CWE-Nordic Interim Tight Volume Coupling (ITVC).

On behalf of the project partners, we would like to report the following:

1.      The combined CWE-ITVC launch is targeted on November 9 2010;

2.      We have agreed that a last testing is needed. Subject to successful five days end to end final testing from Sunday October 31 to Thursday November 4, a final go / no-go decision will be taken on Nov 5,

3.      In case of a no-go decision next Friday, the parties have already agreed to the fall-back launch date of November 30 or December 7 2010 to be determined as early as possible, subject to regulatory acceptance.

The testing phases of step 2 including NorNed cable are impacted by this revised Step 1 planning. This is expected to have implication for the launch date of step 2 which now will be at the latest 18  January 2011, subject to satisfactory completion of testing.

We will come back to you with the status on 5 November 2010.

Lysaker, 29. October 17:25 CET

For more information, contact

Hans Randen, director trading, +47 67 10 91 70

 


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