Nord Pool Spot has revised the Clearing Rules with effect from 1 January 2012.
The Clearing Rules will appear in a new format, but there are no material changes in the rules. The new Clearing Rules contain a more thorough description of the clearing process than the current rules. There are no changes to the clearing process.
The new version of the Clearing Rules has been discussed with market participants through Nord Pool Spot’s Customer Advisory Board and the Norwegian Water Resources and Energy Directorate has been informed about the changes.
About Nord Pool Spot
Nord Pool Spot runs the leading power market in Europe and offers both day-ahead and intraday markets to its customers. 350 companies from 18 countries trade on the market. The Nord Pool Spot group has offices in Oslo, Stockholm, Helsinki, Copenhagen, Tallinn and London. In 2010 the group had a total turnover of 310 TWh, which includes the auction volume in the UK market N2EX.
Lysaker, 19 December 2011
For further information, please contact:
Siw Hauge, Director Communications, +47 90 61 59 92