Gate closure for intraday trading on Elbas in Germany will be changed from 60 minutes to 30 minutes prior to the delivery hour from 1 April. Allowing for adjustments closer to the hour of delivery will accommodate for less imbalance for Nord Pool Spot's participants in Germany.
Read more at Exchange information No. 11/2011 - Nord Pool Spot introduces negative prices on Elbas, and reduces gate closure on Elbas in Germany
About Nord Pool Spot
Nord Pool Spot runs the leading power market in Europe and offers both day-ahead and intraday markets to its customers. 350 companies from 18 countries trade on the market. The Nord Pool Spot group has offices in Oslo, Stockholm, Helsinki, Copenhagen, Tallinn and London. In 2010 the group had a total turnover of 310 TWh, which includes the auction volume in the UK market N2EX.
Lysaker, 31 March 2011 09:00 CET
For further information, please contact Nord Pool Spot:
Stina Johansen, Communications manager Nordic, phone + 47 916 50 603