This site uses cookies to offer you a better browsing experience. Find out more on how we use cookies and how you can change your settings.

Nord Pool logo
Nord Pool logo
  • Market data
    • Nord Pool day-ahead
      • Prices
      • Volumes
      • Capacities
      • Flow
    • Nord Pool intraday
      • Market data
      • Volumes
      • Initial capacity
      • Transmission capacity
      • SEM-GB intraday auction UK
    • Nord Pool UK
      • Prices
      • Block prices
      • Volumes
      • Capacities
      • Flow
      • Exchange rates
      • Half hourly prices
      • Half hourly block prices
      • Half hourly volumes
    • Regulating power
      • Regulating power per area
      • Regulating prices
      • Regulating volumes
      • Volume of regulating bids
      • Special regulation volume
      • Automatic activated reserve
    • Power system data
      • Production
      • Consumption
      • Exchange
      • Hydro Reservoir
    • Maps
      • Day-ahead overview
    • Data downloads
      • Aggregated Market Data
      • System Price Curve Data
      • Recalculated Nordic System Price
      • Nord Pool Report on the Nordic System Price
  • Trading
    • Join our markets
      • Becoming a customer
      • Membership list
      • Market Managers
    • Operational messages
    • Day-ahead trading
      • Order types
      • Price calculation
      • Preliminary prices and exchange rates
      • Capacities
      • Ramping
      • Loss functionality
      • Curtailment, price thresholds and decoupling
    • Intraday trading
      • Order types
      • Capacities
    • Clearing
      • Settlement
      • Collateral
      • Margin model
    • API
      • ISV partners
    • Rules and regulations
    • Market surveillance
      • Market Surveillance Quarterly Newsletter
      • Expert reports
    • Customers have their say
  • Services
    • Power Data Services
      • Day-Ahead Market Data
      • Aggregated Bidding Curves
      • Intraday Market Data
      • Intraday Hub2Hub
      • Data Portal
      • Electricity retailers
      • Other products
      • FAQ
      • Inquire and Order
    • Compliance
      • REMIT UMM
      • REMIT transaction reporting service
      • REMIT Best Practice Report
    • Consulting
      • Recent projects
    • Nord Pool Academy
      • Nord Pool Certified Compliance Course
      • Nord Pool Day-ahead course
      • Nord Pool Intraday course
      • Nord Pool Certified Compliance Course online
  • Media
    • Media contacts
      • Media contacts
    • Newsroom
      • News
      • Newsletter
      • Market Surveillance Newsletter
      • TSO news
      • Subscribe
      • Feature
    • Photos
    • Annual report
Log in
Log in
Media contacts
  • Media contacts
Newsroom
  • News
  • Newsletter
  • Market Surveillance Newsletter
  • TSO news
  • Subscribe
  • Feature
Photos
Annual report
Back to listings
01 November 2010 15:30

No. 58/2010 NPS - Reopening of Nord Pool Spot order book as part of back-up procedure for CWE-Nordic ITVC market coupling via EMCC

As a part of the business procedures related to Interim Tight Volume Coupling (ITVC) for the interconnectors between Nord Pool Spot’s spot markets and the CWE region PX’s spot markets through EMCC, there is a back-up procedure in case the ITVC process fails due to technical problems. A technical problem may occur in one of the concerned systems and the CWE markets and NPS markets therefore become decoupled. The complete back-up procedures are described in an appendix to this Exchange Information.

The Appendix 1 to the Nord Pool Spot rulebook - Elspot regulations - will be amended from 9 November 2010. A new paragraph 4 will be added. Concurrently the existing paragraphs following the new paragraph 4 will be renumbered. The amendment is subject to launch of ITVC. If ITVC is delayed the implementation of the amendment to the rulebook will be shifted accordingly.  

4. Reopening of bidding for Elspot in case of unforeseen decoupling
4.1 In the event of an unforeseen cancellation of the Market Coupling between the NPS exchange area and neighbouring market places, NPS will announce Reopening for Bidding.

4.2 During the Reopening for Bidding any Participant or Trading and Clearing Representative on own behalf or on behalf of a Clearing Customer, may enter or re-enter biddings for Elspot.

4.3 The Reopening will resume for a period announced or otherwise available at any given time, by Nord Pool Spot – but for no shorter than 15 minutes.

With this amendment, the concept of ’Market Coupling’ and ’Reopening’ will be added to the Definitions – Appendix 10 to the Rulebook.

Market Coupling - Submission of aggregated bid information from two or more power exchanges’ spot markets to a calculation unit in order to as a minimum optimize the cross border flows on transmission connections between the exchange areas or otherwise also determine the prices in the respective areas.

Reopening – When, due to specific circumstances, Elspot is reopened for bidding after 12:00.

 


Lysaker, 1 November 2010 14:30 CET

 


For further information, please contact Nord Pool Spot:

Siw Hauge, director communications, phone +47 90 61 59 92  e-mail : sh@npspot.com
Camilla Berg, general counsel, phone +47 67 10 91 31 e-mail: cb@npspot.com
Hilde Rosenblad, project manager ITVC at NPS, phone +47 67 10 91 74 e-mail: hr@npspot.com


Previous message

Choose quarter

{{ group.year }}

  • ({{ period.count }})
Nord Pool logo

    Nord Pool AS

    Tel. +47 6710 9100

    P.O. Box 121

    1325 Lysaker, Norway

Market Data

  • Day-ahead
  • Intraday
  • Regulating power
  • Power system data
  • Maps

Trading

  • Join our markets
  • Operational messages
  • Day-ahead trading
  • Intraday trading
  • Clearing
  • API
  • Rules & regulations
  • Market surveillance
  • Customer information on Brexit
  • Customers have their say

Services

  • Premium Data Services
  • Compliance
  • Consulting
  • Nord Pool Academy
  • German mini-site
  • French mini-site

The Power Market

  • Day-ahead market
  • Intraday market
  • CACM regulation
  • Benchmark regulation - Nordic system price
  • Market members
  • Bidding areas

Social media

Quick links

  • UMM
  • Auction
  • Intraday Web
  • CASS
  • Intraday and GB Half Hourly auctions

Media

  • Press
  • Newsroom
  • Annual report
  • Download center

About us

  • Careers
  • Advisory board
  • History
  • Organisation
  • Meet our people
  • Corporate Compliance Policy
  • Control cookies

Contact us

  • Norway
  • Sweden
  • Finland
  • Estonia
  • UK
  • Germany

© Nord Pool 2020 | Imprint, Data Policy, Legal Notice, How We Treat Personal Data