Nord Pool has been a service provider for TGE (Towarowa Giełda Energii SA), the power exchange based in Poland, since December 2010. Starting from a date yet to be confirmed (but tentatively during the fourth quarter of 2017), TGE will step out of the arrangements as Nord Pool’s serviced Power Exchange.
Starting from the agreed date, the flow calculated for the SwePol link in the area price calculation will be used as an input in the System Price calculation. As a result a separate flow at System Price will no longer be calculated for the SwePol link. This method of using the area price flow as an input into the System Price calculation already applies for the interconnections between the Nordic region and Germany and the Netherlands*.
*Baltic cable, Kontek cable, DK1-DE connections and NorNed.
About Nord Pool
Nord Pool, Europe’s leading power market, delivers efficient, simple and secure trading across Europe. The company offers day-ahead and intraday trading, clearing and settlement to customers regardless of size or location. Today 380 companies from 20 countries trade on Nord Pool’s markets.
Nord Pool operates markets in the Nordic and Baltic regions, Germany and the UK, and is a Nominated Electricity Market Operator (NEMO) in 15 European countries, while also servicing power markets in Croatia and Bulgaria. In 2016 Nord Pool had a total turnover of 505 TWh traded power. The company has offices in Oslo, Stockholm, Helsinki, Tallinn, London and Berlin.
Lysaker, 25 September 2017
For further information, please contact:
Nord Pool desk: +47 6710 9110 or firstname.lastname@example.org
Stina Johansen, Communications Director, +47 916 50 603 (for press enquiries)