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03 June 2019 09:30

Nord Pool Connection

June 2019

2018 Annual Report ‘Defining Our Future’

The Nord Pool Annual Report for 2018 ‘Defining Our Future’ is now available to read, providing a comprehensive overview of the year’s outstanding achievements, projects and deliveries, combined with a unique insight into what keeps Nord Pool working efficiently ‘behind the scenes’.

As always, the most important facts and figures from 2018’s trading are presented, with interviews featuring some of the people at Nord Pool who are central to delivering what we hope is a great customer experience.

And we take a look into the future too; presenting our thoughts on what may need to happen to accommodate the power production and consumption patterns of tomorrow.

 

Supporting IFA2

Nord Pool was recently awarded the contract to provide cross-border shipping services to National Grid’s new 1000MW interconnector, IFA 2, connecting GB and France.

When IFA2 is online, Nord Pool will be managing a portfolio of interconnector flows amounting to some 5GW, between GB and continental Europe across three interconnectors – NemoLink, Eleclink and IFA2.

Clarity on CASS

In the first in a series of short videos we have produced to give customers guidance on key aspects of our products and services, our Clearing and Settlement Product Manager Anstein Eie, gives insight into Nord Pool’s important risk, clearing and settlement services.

You can view the video here.

 

Changes to REMIT

On Thursday 13th June, Nord Pool will update our REMIT service for day-ahead trading as follows.

Orders and transactions in all time zones:
  • End time (today 24.00) changes to 23.59.
  • Last trading date time (today defined in local time) changes to UTC.
Orders and transactions in CET/CEST time zone only:
  • Load Delivery End Time (today 24:00) changes to 00:00.
  • Delivery end date (today same day as the trading day) will be defined as the day after trading day due to change in Load Delivery End Time.
These changes are being made to harmonise data definitions across our markets and will not require resubmission of historical data.

 

Meet Us in June

This month we have two opportunities for customers to meet us ‘on the road’.

Our Chief Digital Officer, John Horkan, will be speaking at the Montel Finnish Energy Day at the Scandic Marina Congress Centre in Helsinki on Wednesday 5th June. John takes the stage at 15.30 to talk on the subject of ‘Trading Goes Digital’.

Then, as part of Montel’s Swedish Energy Day at the Hotel Hilton Slussen, Stockholm, on Thursday 13th June, from 15.15, our Intraday Product Manager Espen Dovle will be discussing the future development of intraday trading alongside Kruno Kuljis of Modity Energy Trading.

Both John and Espen would be pleased to meet Nord Pool customers attending these events.


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