The transition to summer time takes place by setting the clock one hour ahead (from 02:00 am to 03:00) during the night of Sunday, 25 March (week 12). Sunday will have only 23 hours.
The Elspot market
For handling of transition in SESAM web and EDIEL see enclosed description.
The Elbas market
As a result of the transition to summer time there will only be 23 power hour series open for trading. In other words there will not be a series PH03120325 listed. Trading for all power hour series is closed one hour before delivery. Trading for PH04120325 will in other words close at 01:00 CET.
About Nord Pool Spot
Nord Pool Spot runs the leading power market in Europe and offers both day-ahead and intraday markets to its members. 350 companies from 20 countries trade on the market. The Nord Pool Spot group has offices in Oslo, Stockholm, Helsinki, Copenhagen, Tallinn and London. In 2011 the group had a total turnover of 316 TWh, which includes the auction volume in the UK market N2EX.
Lysaker, 16 March 2012
For more information, please contact:
Elspot, +47 67 10 91 10 or [email protected]
Stina Johansen, Communications Manager Nordic, +47 916 50 603 (press)