Successful launch of the price coupling between the Nordic region and Poland
Today the price coupling between the Nordic and Polish energy markets was launched. The capacity of the cable connecting Poland and Sweden (SwePol Link) is now available for the members of Nord Pool Spot and POLPX.
The direct-current cable connecting Poland and Sweden (SwePol Link) has a capacity of 600 MW.
The connection is a result of many months of technical preparation and the agreement signed by the interested parties: PSE Operator, Svenska Kraftnat, the Polish Power Exchange, Nord Pool Spot as well as the connection owner - SwePol Link AB and SwePol Link (Poland).
- With this launch a full price coupling has been achieved, something that is important for the integration of the Nordic market with the Polish market, says Mikael Lundin, CEO of Nord Pool Spot.
Owing to the increasing dynamics of the trading on the Polish power exchange the Polish electricity market has got sufficient liquidity for rendering the first cross-border connection available to third parties through the market coupling mechanism, says Mr. Grzegorz Onichimowski, the President of the Polish power exchange.
In accordance with so-called "Road map for implementation of market coupling mechanism in the European Union", approved by the European Commission, all member states are to be merged through the market coupling mechanism by the national power exchanges before 2015.
About Nord Pool Spot
Nord Pool Spot runs the largest market for electrical energy in the world, offering both day-ahead and intraday markets to its participants. 330 companies from 20 countries trade on the exchange. The Nord Pool Spot group has offices in Oslo, Helsinki, Stockholm, Copenhagen, Tallinn and London. Nord Pool Spot is owned by the Nordic transmission system operators. In 2009 the group had a turnover of 288 TWh representing a value of EUR 10.8 billion.
Polish Power Exchange (POLPX)
POLPX was established in 1999. POLPX is an established SPOT electricity (D-AM and Intraday), energy derivative, property rights and emission allowances exchange in Poland. POLPX also runs the Certificate of Origin Register for electricity produced in RES and CHP generation.
Benefits of membership at the POLPX:
-
the most competitive transaction fees on the Polish electricity market
-
security and guarantee clearing transactions
-
modern trading monitor - CONDICO Trade based on the NASDAQ OMX,
-
wide range of instruments on the POLPX markets , customized to the needs of participants
-
equal rules of participation for all members regardless of their size
More about POLPX: www.polpx.pl
For further information, please contact:
Nord Pool Spot
Hans Randen, director European integration, Nord Pool Spot,
phone +47 92 02 13 26
POLPX
Zbigniew Orkisz, the POLPX Development Department, Manager.
Phone number: 22 341 99 19, mobile: 694 482 300, e-mail: Zbigniew.Orkisz@tge.pl
