For the Baltic region the change will apply from the implementation of 15-min. MTU in SDAC In early 2024 the Nominated Electricity Market Operators (NEMOs) cooperating within the Single day-ahead coupling (SDAC) conducted a Public Consultation related to the potential removal of the Second Auctions. As a result of the consultation and following the relevant National Regulatory Authorities approvals, the Second Auctions are no longer applied for the following countries as of 29 January 2025 (trading day): Austria, Belgium, Croatia, Czech Republic, France, Germany, Greece, Hungary,...
In SIDC project there was a successful implementation of 15minute products to the French bidding zone and also transition of contract resolution to the Italian borders to 15 minute. That means Slovenian market participants will be able to trade as of 23.01.2025 delivery day, on 15 minute resolution also on SI-IT border. Since Slovenia already had 15 minute implementation on all the other borders, that means we have completed the full transition to the current lowest time resolution of trading on all of our borders. More about implementation in the article below:
Last Thursday, January 9th, BSP Energy Exchange LL C ran public auctions on behalf of Borzen, power market operator using BSP’s auctioning platform to sell electricity and purchase emission allowances for the operation of Šoštanj Thermal Power Plant. BSP’s auctioning platform was a perfect fit for the job since it allows flexibility in the definition of products and price calculation methods with a short lead time.
As 2024 came to a close, BSP had the privilege of expanding its Membership by welcoming two new members. We were delighted to first welcome Nord Energy Oy, and shortly after, ENNA Next d.o.o. joined our growing community.
The transition to the 15-minute Market Time Unit (MTU) in the Single Day-Ahead Coupling (SDAC) marks a significant milestone in the evolution of Europe’s energy markets. Following a reassessment of the implementation plan by NEMOs and TSOs, the new go-live date for the 15-minute MTU implementation is set for 11 June 2025 with delivery date of 12 June 2025. To secure the continuity of the day ahead coupling, and taking into consideration market participants’ suggestions, NEMOs and TSOs have agreed to follow the go-live with a short rollback period of one week. Click the link below...
ADEX Group is pleased to announce the successful closing of the transaction that brings HUPX, under the ownership of ADEX, marking a milestone in the development of the region’s power trading landscape. This achievement positions ADEX Group as the premier power trading hub for Central Eastern and South Eastern Europe, further supporting market liquidity, integration through market coupling, efficiency, and price transparency.
BSP’s day-ahead volume increased by 34.72% compared to last year. From January to August 2024, our trading volume reached an impressive 8,470,071 MWh, compared to 6,287,096 MWh during the same period last year. The result also implies that trading volume at BSP exceeds Slovenian energy consumption in the observed period by 19.42%.
A new record was set for daily intraday trading volume on BSP reaching 11.848,80 MWh on June 3rd, which is 2.6% higher than the previous record of 11.545,50 MWh, concluded on August 4th, 2023.
We are pleased to announce the confirmation of the go-live date for Intraday Auctions (IDAs) on the 13th of June 2024. You can read the full press release in the attachment.
The Electricity Market Integration Forum (EMIF) was held at the European Parliament in Brussels on April 17, 2024, organized by Adex Group, Europex, NEMO Committee, Energy Community, EPP Group, and Renew Europe. The event, attended by over 100 participants, focused on integrating Energy Community Contracting Parties into the Implicit Electricity Market (IEM). Key discussions included political support for market coupling, the benefits of market integration, and the challenges and opportunities for EnC Contracting Parties. Speakers highlighted the progress, potential economic benefits,...
ELES, the Slovenian transmission system operator, in cooperation with BSP Energy Exchange will organize four auctions for the purchase of energy to cover loses in the electricity system during the 2024. First auction will be performed on May 15th, 2024. Participation rules have been published by ELES on their webpage. You can find auction specification losses - May 2024 on the following link. Should you have any questions or need any additional information do not hesitate to contact us by sending an email to trading@bsp-southpool.com or directly contact Mrs. Anja Dremelj –...
In addition to successfully implementing the ECC clearing services on April 16th, BSP has simultaneously transitioned to the EPEX ETS trading platform for the Day Ahead auction trading. The transition was completed successfully, and BSP is now fully operational on the new platform. ETS is a well-known platform in the European trading space, providing robust and flexible experience. This transition represents a step towards the unification of systems within the ADEX group, resulting in a more coherent solution for traders active in the region. The transitions are expected to provide a more...
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