The transition to summer time takes place by setting the clock one hour ahead (from 02:00 am to 03:00 am) during the night of Sunday, 27 March (week 12). Sunday will have only 23 hours.
The intraday market (Elbas)
As a result of the transition to summer time there will only be 23 power hour series open for trading. In other words, there will not be a series PH-20160327-03 listed. Trading for all power hour series is closed one hour before delivery in Baltics and Nordics. In Germany the gate closure is 0 min prior to physical delivery and in Netherlands 5 minutes prior to physical delivery. Trading for PH-20160327-04 will close at 01:00 CET in Baltics and Nordics, 03:00 CET in Germany and 01:55 CET in Netherlands.
For the German market areas time series QH-20160327-9 to QH-20160327-12 as well as HH-20160327-5 and HH-20160327-6 will not be available for trading.
About Nord Pool
Nord Pool operates Europe’s leading power markets, offering both day-ahead and intraday trading to its members. 380 companies from 20 countries trade on Nord Pool’s markets in the Nordic and Baltic regions, and on our UK market N2EX. In 2015 the group had a total turnover of 489 TWh traded power. Our markets are operated from offices in Oslo, Stockholm, Helsinki, Tallinn and London. Nord Pool strives continually to strengthen its business by working with integrity, together with members and stakeholders, to achieve excellence.
Lysaker, 18 March 2016
For further information, please contact:
Trading desk, +47 67 10 91 10 or email@example.com