New License for Electricity Retailers
At Nord Pool we have seen growing interest, particularly in the electricity retailer space, over the use of the spot price in every day life and we appreciate the importance of making this information accessible to all who need it.
As a result, Nord Pool is introducing a new license category targeted specifically at retailers, allowing them to deliver exactly what their customers want. It includes sharing data on the retailer’s private portal, unlimited access to the most comprehensive data set in the industry and publication and download rights tailored to the retailer’s specific requirements – and all at a highly competitive price.
Find out more about our new redistribution license here.
Intraday in Germany from 15:00 CET
Nord Pool’s German customers will soon be able to trade intraday across all four TSO areas in the German/Luxembourg bidding zone from 15:00 CET. Testing is underway, with go-live planned for Monday 31st May 2021.
This means customers will be able to trade without limitation in the German/Luxembourg bidding zone from 15:00 CET on the day before delivery, based on combined market liquidity from both German Nominated Electricity Market Operators - three hours earlier than today.
Both NEMOs will use the SIDC (XBID) system from 15:00 CET each day, providing all orders received entirely to the system’s shared order book.
To find out more about trading intraday with Nord Pool in Germany contact our Central Europe Key Account Manager Armin Fleig.
New Feature Available in Auction Platform
Responding to customer feedback, Nord Pool has delivered a new block entry feature in our auction platform. This allows customers trading in our UK and CWE day-ahead auctions to enter regular blocks and exclusive groups directly in the platform.
Further information can be found in our user guide.
This new feature is already live and can be used, but customers who want to test it can do so via daily test auctions at 09:50 GMT for Nord Pool’s UK N2EX auction and at 14:00 CET for our auctions in central Europe.
If you have any questions or need support please contact: [email protected].
SDAC and Polish Day-Ahead – Join Our Webinar
On Monday 31st May, Pietro Rabassi, our Director Central European Markets, will be hosting a special webinar looking at the impact of the SDAC Interim Coupling Project (ICP) on the Polish day-ahead market.
During the event, which starts at 14:00 CET, Pietro will be joined by colleagues Marina Nordström, Development Manager Market Coupling, and Marian Kilen, Central Europe Key Account Manager. They will explore the importance of the ICP for SDAC and what it means for the Polish day-ahead market, followed by a rigorous question and answer session.
The ICP will connect the markets of Romania, Hungary, Slovakia and The Czech Republic (4MMC) with the Multi-Regional Coupling (MRC), aiming for a 10th June go-live. It will unify MRC and 4MMC, harmonise gate-closure and further align pre- and post-coupling processes and timings.
To book your place at the webinar contact Marian Kilen.
Day-Ahead Coupling Bulgaria – Go-live Date Announced
In a further step towards an integrated European electricity market, member testing has been underway for the Bulgaria – Greece Market Coupling Project.
Bulgarian nominated electricity market operator IBEX and transmission system operator ESO are already operating the Bulgarian electricity market in isolation, but fully compliant with Multi Regional Coupling (MRC) procedures and using Price Coupling of Regions (PCR) assets.
With this in mind, expected go-live for the extension of the Single Day Ahead Coupling (MRC) to the BG-GR border, is 11th May 2021 (first delivery 12th May).
Mysteries of the Power Market Revealed
The next online Physical and Financial Power Market Course from Nord Pool Academy promises to reveal the intricacies of cross-border power trading, courtesy of some of Europe’s leading experts in short- and long-term power markets.
To join the next Physical and Financial Power Market Course from Nord Pool Academy, taking place across Wednesday 9th and Thursday 10th June, simply book your place here.