The Elspot day-ahead auction for Monday 5 August 2013 was cancelled at 20.00 CET Sunday 4 August as the price calculation did not return a result before the defined time limit expired.
As a result Elspot prices and Elspot volumes from Friday 2 August 2013 were applied for Monday 5 August 2013. This is in accordance with Nord Pool Spot's Rulebook Elspot Market Regulations paragraph 8.1.2. Nord Pool Spot followed all its established routines and market members were kept informed.
Nord Pool Spot worked during Sunday to solve the technical problems experienced. A solution to the problem was identified, and Nord Pool Spot expect today’s price calculation to run as normal.
Nord Pool Spot regret the inconvenience this has caused.
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 2012 the group had a total turnover of 432 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, 05 August 2013
For more information, please contact:
Stina Johansen, Head of Communications, +47 916 50 603