Q&A: NORD POOL SPOT
“Nord Pool Spot and I are committed to
continue to support the process of creating the most efficient energy market in the world”
GI: Estonia recently joined the Elbas intraday market (having successfully launched day-ahead trading in April). How has this helped producers and benefited consumers? ML: Establishing Estonia as part of the Elbas intraday market means greater liquidity in the Estonian market. The participants can now trade with participants from all over the Nordic area and Germany. Through Elbas, the producers can make more informed decisions closer to the hour of delivery. Elbas means that the industrial consumers can adapt to fluctuations in production and consumption making it easier to purchase energy at a more advantageous price. For the end- consumers, the establishment of an open market means greater security of supply.
Mikael Lundin, CEO, Nord Pool Spot
GI: Market surveillance plays a critical role in maintaining market confidence. Have there been any serious breaches of the market rules this year and how have they been developed/ enhanced?
5th Annual
Register by 17 December 2010 SAVE $200
Central and Eastern European Power Opportunities for Growth and Investment
www.ceepower.platts.com 27-28 January 2011 • Hilton Prague • Prague, Czech Republic
2011 keynote addresses: • Philip Lowe, Director-General, DG Energy, European Commission • Alan Svoboda, Executive Director, Sales and Trading, CEZ Group • Wojciech Topolnicki, Chief Executive – Investments and Chief Financial Officer, PGE • Edit Herzog MEP, Member, Committee on Industry, Research and Energy, European Parliament • András Péntek, Head of Portfolio Management, Corporate Business Development Division, MOL Group
Exhibitors:
For more information and to register please quote ref: CN1210 and contact:
Stacey Knox: +44 20 7176 6226
Stacey_knox@platts.com
“The place to be to be informed about what happens in CEE countries” Rafael Menendez, Gas Natural
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