Nord Pool Spot has received the following message from Statnett:
Dear Market Participant,
In mid January the market coupling on NorNed came into operation. This was the second step of the interim tight volume coupling (ITVC) between the CWE region and the Nordic region. So far the operation has been running smoothly and we have experienced more efficient usage of the interconnector than before.
For the market coupling we have established a fall back solution. This is necessary in case that the market coupling should fail due to technical reasons or other reasons. Since the start of the market coupling, this back up procedure (Shadow Auction – SA) has been run by NorNed Auction. TenneT and Statnett have agreed that CASC.EU will be responsible to operate the SA from mid April 2011. A firm date will be communicated later.
TenneT hereby invites market participants, either existing participants on NorNed Auction (also on behalf of Statnett) or program responsible parties (PRPs) in Netherlands, to register at CASC.EU’s auction office. This registration is necessary if you wish to be active on the shadow auctions to be performed by CASC on NorNed. Maybe you are registered already at CASC for a Shadow Auction but please be aware that you specifically have to register for the NL – NO border to be able to participate in the SA for NorNed.
To be able to take part in the shadow auctions each party must accept the conditions stipulated in the ITVC Shadow Auction Rules for the concerned borders. The participant must also sign the Declaration of Acceptance annexed to the ITVC Shadow Auction Rules. The Auction rules and declaration of acceptance can be found via http://www.casc.eu/en/Resource-center/CASCEU and are also attached to this mail.
As mentioned above the current plan is to implement the CASC SA in mid April, the firm date will be communicated in due time. This information is send to you now to give you time to register to CASC already.
Lysaker, 17 March 2011 11:10 CET
For any questions you may have, please contact:
Tore Granli, Market Design, Statnett
Phone : +47 23 90 37 02
Cell phone: +47 915 15 991