The Transmission System Operators (TSOs) in Germany are requesting a trade free period for trading of contracts with delivery the next day from 13:45 until 15:00 CET.
Trading horizon for Elbas are the coming 10 to 38 hours before delivery hour. Series of delivery orders for the following day are listed and opened for trading the same day as the Elspot day-ahead prices are set – normally at 14:00 CET. For trading in Germany, series of delivery orders for the following day are opened at 08:00 CET.
This is because TSOs need to reach a comprehensive overview of planning for the next day after nomination deadline for day-ahead trading. Order series for delivery the following day will thus be closed for trading in Elbas in this time interval.
The Appendix 3 – Product Specification point 3.1 has been amended accordingly. This change takes effect from 29 May 2014.
About Nord Pool Spot
Nord Pool Spot operates Europe’s leading power markets, offering both day-ahead and intraday trading to its members. 370 companies from 20 countries trade on Nord Pool Spot’s markets in the Nordic and Baltic regions, and on our UK market N2EX. In 2013 the group had a total turnover of 493 TWh traded power. Our markets are operated from offices in Oslo, Stockholm, Helsinki, Copenhagen, Tallinn and London. Nord Pool Spot strives continually to strengthen its business by working with integrity, together with members and stakeholders, to achieve excellence.
Lysaker, 15 May 2014