4. lokakuuta 2012 AJANKOHTAISTA BALTIAN MARKKINOISTA JA VENÄJÄN RAJALTA

Transcription

1 4. lokakuuta 2012 AJANKOHTAISTA BALTIAN MARKKINOISTA JA VENÄJÄN RAJALTA

2 Baltian kantaverkko-operaattorit Nord Pool Spotin omistajiksi Elering (Viro) 2% Statnett (Norja) 28% Svenska Kraftnät (Ruotsi) 28% Fingrid (Suomi) 19% Energinet.dk (Tanska) 19% Litgrid (Liettua) 2% AST (Latvia) *) 2% Nord Pool Spot AS *) Latvian kantaverkko-operaattori on ostamassa 2% osuuden, kun Latvian markkina avataan Nord Pool Spotissa. 2

3 Current situation in the Baltics Estonia: an NPS price area since April 1st 2010 Energy from Russia can enter the market only via NPS No real trade on RU-EE border New EE/LV border capacity allocation scheme was introduced from June 18, 2012 Latvia: no Power Exchange implemented yet Nord Pool Spot has received an invitation to start the preparations for Latvian bidding area opening Project start up is pending on NRA preliminary decision expected in September. Lithuania: NPS price area was opened on June 18th 2012 Lithuania works as an isolated area having a cross-border setup on Latvian, Kaliningrad and Belarusian borders Energy from third countries enters the market via NPS, but these bids are not used for price formation (mostly price independent bids) 3

4 Lithuania Opening of Lithuanian NPS bidding area was signed on March 26th 2012, same day it was published to the market Lithuanian planned cross-border setup was introduced to Baltic TSOs on the meeting in February 2012 Changes in NPS trading rules were announced through exchange information system on April 17th, 2012 Lithuanian opening project went according to the plans and first trading day was June 18th, 2012 Currently 23 members are trading in the LT area Litgrid started to publish 3rd countries planned flows in July Feedback from Lithuanian participants, TSO and NRA has been positive 4

5 Estonia On February 17th 2012, Elering issued to NPS a request to change the cross-border setup on EE/LV boarder from May 15th, 2012 Due to technical reasons it was agreed to implement CB change together with Lithuanian area opening on June 18 th 2012 An exchange information was issued on March 26th, 2012, and changes in the NPS trading rules were published on April 17th. EE/LV new cross boarder solution was also introduced in Market Council and to the regulator receiving no suggestions or negative feedback After the implementation there has been almost constant congestion on EE/LV boarder, causing price difference between EE and ELE areas There have been reduced capacities on EE/ELE border through the summer 5

6 Latvia Several changes to the Electricity legislation in Latvia were approved in the parliament in July 2011 Based on the current understanding the legislation includes necessary changes in order for Nord Pool Spot to function as a power exchange in Latvia Establishment decision for market implementation will be made at the time European Commission s certification procedure is finalized and the Independent System Operator solution is approved 6 months time of notice from the information to the market Elspot bidding area opening can hopefully take place in Q Start time and time required for the certification is uncertain Common preparation and planning of the establishment can be started during the final certification procedure 6

7 Suomen ja Baltian hintakehitys 7

8 Nord Pool Spot bidding areas connected to Russia Capacities FI EE LV RU RU -> FI 1400 FI -> RU 0 EE <-> RU LT->BY 1350 LT<-BY 1300 LT->KAL 600 LT<-KAL 680 Upcoming 2014 FI <-> EE LT <-> SE LT <-> PL not used KAL LT BY 8

9 Planned flows are being published 9 -> Power system -> Planned exchange with third countries

10 Further development Market information initiatives are being considered Common cross-border capacities calculation principles in Baltics 3rd countries border handling mechanisms in Baltics Intraday market start up in Baltics; common balancing energy price calculation principles 10

11 KIITOS! 11

12 Nord Pool Spot Nord Pool Spot on Euroopan johtava sähköpörssi Päivittäinen huutokauppa ja päivänsisäinen jälkimarkkina 350 asiakasta 18:sta eri maasta Vuonna 2011, Nord Pool Spot välitti 316 TWh sähköä, josta 297 TWh Pohjoismaissa ja loput UK:ssa 74% Pohjoismaissa käytetystä sähköstä hankitaan Nord Pool Spotista 12

13 Lithuanian bidding area set-up BY BY Bids from LV/ELE and KAL are handled through dedicated portfolios On BY/LT boarder export/import areas are established Bidding currency is EUR 13

14 Estonian bidding areas change on 18 June 2012 Finland (FI) Finland (FI) Estonia (EE) Estonia Russia Import area (ERI) Estonia (EE) Estonia Russia Import area (ERI) Estonia Latvia Import area (ELI) Estonia Latvia Export area (ELE) Estonia Export and Import area (ELE) ERI stays as before 14