Due to the launch of market coupling between Denmark and Germany on the 29 September 2008, Nord Pool Spot will close down the German Elspot bidding area “KONTEK” on the same date. The last date the German Elspot bidding area “KONTEK” will be open for bidding is Sunday 28 September 2008, for delivery on Monday 29 September 2008.

As a consequence of market coupling, the CBO service on the connection Denmark West (DK1) - Germany will no longer be required or possible, and will be shut down on the 29 September. All CBO agreements with participants will be terminated effective as of the same date. Participants having entered into a CBO agreement with Nord Pool Spot will be reimbursed any fixed fees paid for the period following shut down.

These changes will not affect Nord Pool Spot’s Elbas market in Germany.

 

Lysaker, 15 September 2008

 

 

For further information, please contact Nord Pool Spot:

Marie Thuestad, director sales, phone +47 6752 8127/+47 9704 0190

Urban Hammarstedt, director trading, phone +46 8 555 166 17

Åsmund Drivenes, manager trading operations, phone +47 6752 8036/+47 9240 4472 

 

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