Norway joins the Elbas intra day market on the 4 March 2009
(1/20/2009)
The Elbas market’s expansion to Norway enables cross border intra day trading between Norway and the other Nordic countries and Germany via the physical cables to Denmark and Sweden.
All balance responsible parties in Norway may join the Elbas market. Gate closure for Elbas trading in Norway is two hours before delivery hour. As soon as the Norwegian participants and Statnett have adjusted to the new routines for Elbas trading, gate closure for Elbas trading in Norway will be moved to one hour before delivery hour. The delivery hours for the next day will open for trading in Norway every day at 14.00 CET.
The transmission capacity available for trading on the Elbas market is the remaining transmission capacity available after the Elspot day-ahead planned physical flow has been determined. Additionally, the transmission system conditions and ramping requirements influence the Elbas capacities and are determined by the Nordic TSOs. The Elbas capacities are reported to the Elbas system by Statnett, Energinet.dk, Fingrid and Svenska Kraftnät.
From the 4 March 2009 Elbas covers Finland, Sweden, Western Denmark, Eastern Denmark, Norway and Germany.
