Nord Pool Spot is happy to announce that the Urgent market message (UMM) system as of 15 December 2014 is updated to ensure it helps members comply with their obligations in the new Transparency Regulation as announced in exchange information No. 40/2014.
The European Union Transparency Regulation (EU No. 543/2013) refers to the submission and publication of data in electricity markets and requires fundamental market data to be published on a central transparency platform implemented by the ENTSO-E, making the data available to the public, free of charge.
From 5 January 2015, producers, consumers and Transmission System Operators (TSOs) are required, as primary owners of data under the Transparency Regulation, to submit information on changes in the actual and planned availability of their facilities. Primary owners must submit data to the transparency platform operated by the ENTSO-E via the TSO or a data provider (where agreed by TSO).
Nord Pool Spot has implemented a solution for submission of data directly from the UMM system to the European transparency platform, on behalf of Elering, Energinet.dk, Fingrid, Litgrid, Statnett and Svenska Kraftnät. This solution is open to other TSOs should they wish to use it. A similar solution is also available to primary owners of data in areas where Nord Pool Spot does not have an agreement with the TSO.
The service will allow those primary owners of data, who are also users of the UMM system, to publish information subject to the Transparency Regulation as set out in article 7.1, 10.1, 11.1.a and 15.1 through Nord Pool Spot’s UMM system. This way members can avoid double-reporting of the same information to the TSO and the UMM system. Nord Pool Spot has also agreed on delivering transparency data for the TSOs to the ENTSO-E platform based on article 16.1.d of the Transparency Regulation.
All users of the UMM system have received detailed information about the system updates, and in order to report data correctly as a primary owner of data through the UMM system there are some actions needed in the UMM system. If you are a user of the UMM system and you did not receive such information, please contact email@example.com. New help material can also be found on the Help page of the UMM system.
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, 16 December 2014