Tracking Power by the Hour—New System Launched
Nord Pool is pleased to be part of a consortium of leading energy organisations headed by hourly certificate start-up Granular, that has launched a pilot for a new mechanism for hourly renewable energy certificates. The system is being piloted first in Great Britain, with a view to rolling-out more widely, soon.
A recent launch workshop in London was attended by more than 40 participants keen to find out more.
In existing energy certificate schemes renewable generation and consumption are matched on an annual basis, failing to reflect the ‘real world’ situation, where availability of renewable energy fluctuates.
The Granular system, designed to comply with EnergyTag guidelines, will allow participants to receive hourly certificates for their power generation in the Certigy registry, managed by established Guarantee of Origin registry provider Unicorn and is open to new participants.
Core Flow-Based Going Live
It has been announced that go-live for the Core Flow Based Day Ahead Market Coupling will be Wednesday 8th June (for delivery Thursday 9th June). The project has created welcome additional time in the coupling process in the rare, but potentially highly disruptive, event of any decoupling.
The Core Flow-Based Market Coupling project promotes a flow-based day-ahead market coupling across the whole Core capacity calculation region (Austria, Belgium, Croatia, Czech Republic, France, Germany, Hungary, Luxemburg, Netherlands, Poland, Romania, Slovakia and Slovenia) in the Single Day-Ahead Coupling framework.
Unlocking the Physical & Financial Power Market
Our ever-popular in-depth Physical and Financial Power Market Course, expertly delivered by the team at Nord Pool Academy, promises to unlock the mysteries of trading power across borders, with the help of some of the leading European experts in short- and long-term power markets.
Join the course, held in Oslo and accessible online, from Wednesday 15th to Thursday 16th June.
New Report—Inside Information Threshold
Nord Pool’s Market Surveillance team, along with the company’s REMIT Discussion Group, has addressed the issue of an appropriate threshold for reporting insider information, with a newly published report. This has aimed to find a common threshold, in terms of MW, for the Nordic and Baltic market, which could be used by market participants to identify what should be treated as inside information across any timeframe.
The report suggests a 100 MW threshold for the Nordic and Baltic power market. Generation or consumption unavailability above this threshold can be disclosed as inside information, while unavailability below the suggested threshold does not fulfil the definition of inside information.
E-World—See You in a Month!
After an enforced two-year absence, the E-World energy & water event, Tuesday 21st to Thursday 23rd June, is almost upon us.
We look forward to finally seeing many our customers face-to-face in Essen next month, to discuss the power trading challenges you are focusing on now and for the future.
You can visit us on stand 3-225.
Nord Pool’s Ambitions Examined
Energate, the leading German energy news service, recently published an interesting article about Nord Pool’s ambitions in central Europe and the continuing importance of robust and transparent power trading in the region.
Pietro Looks at Tomorrow’s Market
Taking as his subject “2022 TO 2032: A Decade of European Power Markets at a Turning Point”, Pietro will present on Thursday 9th.
Nord Pool's members benefit from a 50% discount.
Florence Forum Tackles Renewables
The annual European Electricity Regulatory Forum (‘Florence Forum’) takes place on Thursday 9th and Friday 10th of June.
This year the Forum will be considering the cross-border power trade, including management of interconnector capacity and the organisation of energy markets to meet decarbonisation objectives and facilitate integration of renewables.
You can follow developments and discussion on social media at: #FlorenceForum.