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20 August 2014 10:00

No. 30/2014 - Elbas 4 launch - October 2014

Nord Pool Spot is pleased to announce that we will launch Elbas 4, a brand new intraday system, in October this year.

Based on members’ feedback and using the latest technology Elbas 4 will enable trade across multiple markets, combining great customisation options, superb functionality, simplicity and speed. 

Important Reminder – Update to Java 8
In preparation for Elbas 4 go-live, all members need to ensure that they have Java Runtime Environment 8 (or any later versions), installed on any computer using Elbas.  Please note that the current Elbas system will work with Java 8 as well. 

Java Runtime Environment 8 can be downloaded and installed here: http://www.oracle.com/technetwork/java/javase/downloads/jre8-downloads-2133155.html.

If any member IT departments have questions about this upgrade, please contact the Elbas trading desk, +47 67 10 91 15.

There are no additional configurations needed to run Elbas 4 from the member's side.

Elbas 4 member testing
All Elbas members will be able to access Elbas 4 from Tuesday 26 August for testing. The test period will last until Friday 26 September.  

Nord Pool Spot particularly invites all members to participate in our joint test session that will be held on Tuesday 9 September from 13.00 to 14.00 (CET). During this session, members will be able to verify access to the new test environment, and join us in trying out new functionality and fully appreciate the speed of the new system while ‘live’ trading in our test environment.  Members will receive more detailed information. 

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 2013 the group had a total turnover of 493 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, 20 August 2014

For more information, please contact:
Elbas trading desk, +47 67 10 91 15
Stina Johansen, Head of Communications, +47 916 50 603 


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