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
18 June 2012 15:14

No. 23/2012 – Lithuanian bidding area opened on 18 June

The new Elspot bidding area in Lithuania was successfully opened on Monday 18 June 2012. As a result Lithuania now forms a new day-ahead Elspot bidding area in the Nord Pool Spot market, with no direct connections to other existing bidding areas.

The opening of the new bidding area comes as a result of an agreement with the Lithuanian transmission system operator, Litgrid, which made it possible for Nord Pool Spot to be the market operator for Lithuania.

24 members have signed up and are ready to participate in the new Lithuanian bidding area.  The day-ahead power price calculated for the first delivery day Monday 18 June was at 69.60 EUR/MWh, and for delivery day Tuesday 19 June 57.47 EUR/MWh. Traded volumes were around 20 GWh for both the first two days of operation. All three Baltic countries (Lithuania, Estonia and Latvia) are represented among the members supporting liquidity in the Lithuanian market and ensuring a reliable power price.

Commenting on the launch, Mikael Lundin, CEO at Nord Pool Spot, said: “We are pleased to announce the successful launch of the Lithuanian bidding area and anticipate a very positive future integration of Lithuania into the Nordic power market. The long term goal is to create a Baltic market with reliable prices integrated to the Nordic market through Nord Pool Spot.”


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, 18 June 2012

For further information, please contact:
Stina Johansen, Head of Communications, +47 916 50 603


Next 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