BSP SouthPool News March 2017

BSP
n
SouthPool
w
50.000
45.000
40.000
Slovenian Auction Intraday Market Volumes in the year 2016
Positive start in 2017
In the first two months of 2017 BSP noticed an
increased trading activity, especially on Intraday
trading segment with almost 160 GWh traded. In
comparison to the whole trading volume on BSP
for the same period, that reached 1,33 TWh,
Intraday segment currently represents 12% of
the trading volume.
Volume (MWh)
35.000
30.000
25.000
20.000
15.000
10.000
5.000
0
June July Avgust September October November December
MI2 Trading Volume MI5 Trading Volume
(Note: Intraday Implicit Auctions MI2 and MI6 were opened for trading in June 2016).
BSP in 2016
BSP now coupled on
Austrian & Italian borders
In 2016 we witnessed a finalization of Market Coupling on
our northern and western borders. This project has brought
some fresh liquidity and also price stability to the market.
Consequently the trading volume reached more then 7 TWh,
with record volumes on daily, weekly and monthly levels.
Bilateral project of Intraday
Market Coupling on the
Slovenian-Italian border
The project was successfully completed on the 21st of June
2016, when we started the project with the operational
implementation. As a pilot project on an European scale, this
project serves as a model project for the allocation of
Intraday cross-border transmission capacity at European
borders with positive results.
Cross Border IntraDay
Market Coupling - XBID
1. 1. 2011
21. 6. 2016
21. 7. 2016
XBID Timeline
Intraday trading
on BSP
Intraday MC
Day-ahead MC
In the segment of Intraday trading, after the model of Price
Coupling of Regions, a project of Cross-Border Intraday
Market Coupling (Cross Border Intraday - XBID) came to life.
The founding members of the XBID project (exchanges APX,
Belpex, EPEX, NPS and OMIE and 16 System Operators),
joined the rest of the European Designated Operators
joining electricity markets (NEMO) and System Operators in
February 2016.
Auction for the purchase of
energy to cover losses on the
transmission system in the
years 2017, 2018 and 2019
In June 2016, BSP in the cooperation with Deutsche Boerse,
managed to upgrade the Intraday continuous trading
application M7 to a new version. The upgrade has improved
access to the trading application for market participants and
its consistency with the versions that are in use in the
neighboring markets. These improvements also contribute
to growth in the volume of trading in this segment.
Compared with 2015, the trading volume on the Intraday
and Balancing market in 2016 increased by 134 percent.
In November 2016, System Operator ELES in cooperation
with BSP, organized an auction for the purchase of energy to
cover losses in the transmission network in 2017, 2018 and
2019. The auction was held between 8 am and 10 am on the
Euromarket trading application, which provides automated
trading system for all participants and providing market
participants functionalities that are also used for Day-ahead
trading. At the auction there were following marginal prices
achieved: for delivery in 2017 38,39 €/MWh, for delivery in
2018 36,73 €/MWh and for delivery in 2019 36,73 €/MWh.
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