Nord Pool Spot hereby informs all interested parties that the Estonian-Latvian export and import areas (ELE and ELI) will merge to form one area for both imports and exports on Monday 18 June 2012.
This area change is a result of co-operation between the Estonian transmission system operator, Elering, and Nord Pool Spot to make power trades across the Estonian – Latvian border more efficient.
Under the current system participants in the Baltic power market uses separate import and export areas for imports and exports of power to/from Estonia.
This new area change will result in a related revision of Nord Pool Spot’s rulebook as parts of the special regulations in Appendix 11.
About Nord Pool Spot
Nord Pool Spot runs the leading power market in Europe and offers both day-ahead and intraday markets to its members. 350 companies from 20 countries trade on the market. The Nord Pool Spot group has offices in Oslo, Stockholm, Helsinki, Copenhagen, Tallinn and London. In 2011 the group had a total turnover of 316 TWh, which includes the auction volume in the UK market N2EX.
Lysaker, 26 March 2012
For more information, please contact:
Stina Johansen, Communications Manager Nordic, +47 916 50 603