The XBID parties are pleased to confirm that XBID continues to operate with stability and that over 6.3 million trades have been successfully completed since Go-live in June. The XBID solution has been operational for nearly 6 months.
Preparations are now underway for a 2nd wave go-live which is expected to be launched in 2019. The following countries are actively involved in this expansion: Bulgaria, Croatia, Czech Republic, Hungary, Poland, Romania and Slovenia, together with the bordering countries who are already operational from the 1st go-live. The borders which will take part in this 2nd wave go-live will be confirmed in Spring 2019.
Gate Opening Times (GOT) are expected to be changed to 15:00 CET, D-1 according to the ACER decision No. 04/2018 of 24 April 2018 for intraday cross-zonal gate opening and closure times. Many of these changes are expected to be in operation as of 1 January 2019. In capacity calculation regions (CCRs) where the capacity calculation methodology has not been approved yet, the implementation date will be, at the latest, 30 days after National Regulatory Authority’s approval. Details on the timing and available capacities, including a reasoning in case cross-zonal capacity can only be released after GOT, will be provided separately by Transmission System Operators on the CCR level.
About Nord Pool
Nord Pool, Europe’s leading power market, delivers efficient, simple and secure trading across Europe. The company offers day-ahead and intraday trading, clearing and settlement to customers regardless of size or location. Today 380 companies from 20 countries trade on Nord Pool’s markets.
Nord Pool operates markets in the Nordic and Baltic regions, Germany, France, The Netherlands, Belgium, Austria and the UK. Nord Pool is a Nominated Electricity Market Operator (NEMO) in 15 European countries, while also servicing power markets in Croatia and Bulgaria. In 2017 Nord Pool had a total turnover of 512 TWh traded power. The company has offices in Oslo, Stockholm, Helsinki, Tallinn, London and Berlin.
Nord Pool has 25 years of power market experience built on offering flexibility, transparency, innovation, greater choice and participation to our customers.
Lysaker, 5 December 2018
For further information, please contact:
Stina Johansen +47 6710 9181 - [email protected]