Nord Pool Spot updated the ‘Elspot Market Regulations’ – Appendix 2a to the ‘General Terms’, to clarify and supplement existing regulations. The updated Elspot Market regulations will take effect from 4 September 2014.
The changes are as follow:
Section 2.5 – Order Amendments: Adding new point 2.5.3 for clarification of responsibility especially when orders to Elspot are amended by the participant.
Section 5 – Re-opening in case of unforeseen decoupling: Addition of current practice related to SwePol link missing in rulebook point 5.1
Section 8 – Auction delay or failure: Clarification of wording and inclusion of deadline in point 8.1.2.
The changes have been accepted by Nord Pool Spot’s Customer Advisory Board.
The new Elspot Market Regulations.
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, 21 August 2013
For further information, please contact:
Hilde A. K. Rosenblad, Manager Nordic and Baltics Operations, +47 67 10 91 74
Stina Johansen, Head of Communications, +47 916 50 603 (for press enquiries)