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24 December 2012 12:18

Oversupply leads to pro-rata reduction of Denmark West(DK1) and Denmark East(DK2) sales bids for Dec 25

Nord Pool Spot AS has made a pro-rata volume reduction to power sales bids posted for hour 02 to 05 and hour 07, 25th of December, in the DK1 (Denmark West) and DK2 (Denmark East) Elspot areas. As a result of supply exceeding demand, the DK1 area price for the hour in question has been set at EUR -200. The following table shows the percentage reduction to posted DK1 and DK2 sales bids for the period in question, and the amount(in MW) by which aggregated sales bids were reduced. DK1 Hour 02 all sales bids reduced by 8.19% and total MW reduction is 139.9 MW Hour 03 all sales bids reduced by 31.05% and total MW reduction is 622.5 MW Hour 04 all sales bids reduced by 36.25% and total MW reduction is 778.6 MW Hour 05 all sales bids reduced by 11.31% and total MW reduction is 254.6 MW Hour 07 all sales bids reduced by 5.39% and total MW reduction is 123.1 MW DK2 Hour 02 all sales bids reduced by 23.51% and total MW reduction is 270.2 MW Hour 03 all sales bids reduced by 46.30% and total MW reduction is 541.7 MW Hour 04 all sales bids reduced by 50.06% and total MW reduction is 588.5 MW Hour 05 all sales bids reduced by 22.86% and total MW reduction is 286.9 MW Hour 07 all sales bids reduced by 10.11% and total MW reduction is 126.2 MW


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