As of 25 November 2015, amendments related to the introduction of new bid products in the Elspot Day-ahead market, will be implemented in Nord Pool Spot’s regulations. With the introduction of the new products, the existing Convertible Block Orders will no longer be available and will be removed from the regulations.
Amendments regarding new products and removal of Convertible Block Orders concern:
- Trading Appendix 1 – Definitions
- Trading Appendix 2a – Elspot Market Regulations
- Trading Appendix 3 – Product specifications
An amendment regarding information to members, in the event that trading information is passed on to Transmission System Operators or public authorities, will be implemented in Trading Rules - General Terms
The changes and amendments are specified in the enclosed presentation. The revised General Terms and Trading Appendices will take effect from 25 November 2015. (For delivery date 26 November).
About Nord Pool Spot
Nord Pool Spot operates Europe’s leading power markets, offering both day-ahead and intraday trading to its members. 380 companies from 20 countries trade on Nord Pool Spot’s markets in the Nordic and Baltic regions, and on our UK market N2EX. In 2014 the group had a total turnover of 501 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, 11 November 2015
For further information, please contact:
Hilde A. K. Rosenblad, Manager Nordic and Baltic Operations, +47 67 10 91 74
Stina Johansen, Head of Communications, +47 916 50 603 (for press enquiries)