As of 18 February 2013, Section 3 of the ‘Elbas Market Regulations’ – Appendix 2b to the ‘General Terms’ will be amended.
The amendments are being made to simplify the current regulations for handling trading errors and cancellation of erroneous trades in the Elbas intraday market. The revised regulations include a cancellation fee which is in line with common practice on other markets.
The revised Elbas Market Regulations are available on the web and will take effect from 18 February 2013.
About Nord Pool Spot
Nord Pool Spot operates Europe’s leading power markets, offering both day-ahead and intraday trading to its members. 370 companies from 20 countries trade on Nord Pool Spot’s markets in the Nordic and Baltic regions, and on our UK market N2EX. In 2012 the group had a total turnover of 432 TWh traded power. Our markets are operated from offices in Oslo, Stockholm, Helsinki, Copenhagen, Tallinn and London. Nord Pool Spot strives continually to strengthen its business by working with integrity, together with members and stakeholders, to achieve excellence.
Lysaker, 01 February 2013
For more information, please consult the new version of the Elbas Market Regulations or contact:
Hilde A. K. Rosenblad, Manager Nordic and Baltics Operations, +47 67 10 91 74
Stina Johansen, Head of Communications, +47 916 50 603 (for press enquiries)