11 February 2025 13:54
Moving Forward with Fallback Procedures
The most recent day-ahead market decoupling incident (June 2024) threw a spotlight on current market fallback procedures, designed to ensure the production of a reliable power price.
After close consultation with customers and other energy sector stakeholders, Nord Pool is pleased to share some concrete proposals on potential improvements to fallback procedures which would - we believe - make the production of a robust power price far more likely amidst the confusion often seen in a decoupling scenario.
In addition we look at the appropriateness - or otherwise - of local auctions being run by a decoupled power exchange.