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Back to listings
09 June 2017 13:15

Newsletter

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New Auction for the UK

Nord Pool will launch a new GB Half Hourly Day-Ahead Auction in Q3 of 2017.

The new auction will launch with half hourly orders and offer both regular and profile blocks. It will run daily at 14:30 UK local time (including weekends and bank holidays) with auction results published by 14:50 UK local time, all linked to our established Clearing and Settlement System.    

What's more, the new auction will form part of customers' existing UK membership at no extra cost. 

And this will be the first trading system in Nord Pool markets to utilise Single Sign On technology – with our Day-Ahead and Intraday markets following soon after. 

For further information contact Frank Thompson, Market Manager, UK on +44 7753 851022 or email: [email protected]
 


NORDIC BALTIC DAY-AHEAD VOLUME
May 2017
30.6 TWh
INTRADAY VOLUME
May 2017
0.6 TWh
 

UK DAY-AHEAD VOLUME
May 2017
8.5 TWh
SYSTEM PRICE NORDIC
May 2017
28.46 EUR/MWh
 


Interesting Intraday Developments

As many of you will already be aware, we operate intraday markets in both the UK and Germany where, in recent months, we have been seeing increased interest among customers, reflected in a growth in volumes being traded.

Germany saw a record high trading month on our intraday market in April. 

This has been driven mainly by customers seeing the advantage of trading with Nord Pool closer to delivery, with low costs and easy-to-use systems.

Our UK intraday market has also seen a growth in volume traded recently, with customers telling us that they like the reliability of our offer and the fact that more trades are being posted. 

We would encourage customers to log in to our UK and German intraday markets to see what is on offer; you just might find what you are looking for, for your day's trading needs.
 

 

Sharing Insight with Customers

Nord Pool's Customer Advisory Board (CAB), comprising representatives of a wide variety of utility providers, power traders and other market participants from across the nations where we operate, meets regularly to provide a two-way flow of information, ideas and discussion.

At the CAB's most recent meeting in Oslo at the end of May we were pleased to explore a number of important topics both for our customers and the wider sector. 

Among these were: 

  • Latest developments in the XBID project and forthcoming changes to Nord Pool's intraday trading system
  • Issues around the potential application of flow-based methods in the Nordic market
  • Consolidated Nord Pool rulebook 
  • Intraday gate closure time change in Finland, Estonia and Latvia


We welcome feedback from our customers as a valuable means to improve what we do. Please contact your Market Manager in the first instance if you have any issues you would like to discuss. 
 

 
 

Nord Pool Speaking Out

Nord Pool is present at key industry events during June.

Sami Oksanen, our Director Nordic & Baltic, will be attending the Montel Finnish Energy Day at the Clarion Hotel Helsinki on 15th June, where he will be participating in a panel discussion on 'The Future of Power Trading'.

Meanwhile our Director for Central European Markets, Pietro Rabassi, will be attending BDEW Kongress at STATION Berlin on 21st & 22nd June.

Both Pietro and Sami would be pleased to meet customers at these events – email [email protected] or [email protected] to arrange a meeting.
 

 

We are Recruiting

It is a busy and challenging environment across the energy sector – and power exchanges are no exception.

As we grow and adapt, new opportunities frequently open up at Nord Pool. Right now we have a number of exciting opportunities to join our diverse international team. 

If you know anyone who might have what it takes to be a part of Europe's leading power market, please ask them to take a look at the career section of our website to find out more.
 

For more information, or if you want to provide feedback about our newsletter, please contact  [email protected]

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Nord Pool logo

    Nord Pool AS

    Tel. +47 6710 9100

    P.O. Box 121

    1325 Lysaker, Norway

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