Click here if you are having trouble viewing this message.
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.
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.