Link to Nord Pool:
Nord Pool has been a service provider for TGE (Towarowa Giełda Energii SA), the power exchange based in Poland, since December 2010. Starting from a date yet to be confirmed (but tentatively during the fourth quarter of 2017), TGE will step out of the arrangements as Nord Pool’s serviced Power Exchange.
Starting from the agreed date, the flow calculated for the SwePol link in the area price calculation will be used as an input in the System Price calculation. As a result a separate flow at System Price will no longer be calculated for the SwePol link. This method of using the area price flow as an input into the System Price calculation already applies for the interconnections between the Nordic region and Germany and the Netherlands*.
*Baltic cable, Kontek cable, DK1-DE connections and NorNed.
For further information contact Nasdaq Commodities:
Anne-Marit Rudby, Product Director Commodities, phone +47 9158 0323, anne-marit.rudby@nasdaq.com
Media contact:
Sara Aadnesen, Director Corporate Communications, phone +47 9060 0759, sara.aadnesen@nasdaq.com
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About Nasdaq Commodities
Nasdaq Commodities is the brand name for the worldwide suite of commodity related products and services offered by Nasdaq. The Nasdaq Commodities offerings include power, natural gas and carbon emission markets, tanker and dry cargo freight, fuel oil, seafood derivatives, iron ore, electricity certificates and clearing services.
Nasdaq Oslo ASA is the commodity derivatives exchange authorized by the Norwegian Ministry of Finance and supervised by the Norwegian Financial Supervisory Authority. All trades with Nasdaq Oslo ASA are subject to clearing with Nasdaq Clearing.
About Nasdaq Clearing
Nasdaq Clearing is the trade name of Nasdaq Clearing AB which is authorized and supervised as a multi-asset clearinghouse by the Swedish Financial Supervisory Authority in Sweden as well as authorized to conduct clearing operation in Norway by the Norwegian Ministry of Finance.
For more information, visit www.nasdaqomx.com/commodities
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