BSP SouthPool News July 2017

BSP SouthPool
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T h e n e w s l e t t e r o f t h e B S P E n e r g y E x c h a n g e N o 2 / 2 0 1 7
1 half 2017 – Trading Volume increased by 20%
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1 half 2017 – Trading Volume increased by 20%
A year since successful SI-AT Market Coupling
NEW - Implementation of block products and
negative prices in September 2017
Monthly Trading Reports – First class report for traders
Trading report
for the first half 2017
100,00
90,00
80,00
Slovenian Day Ahead Prices and Volumes
in the first half of the year 2017
700.000
600.000
The first half of the year 2017, has been very successful in
regard to trading activity on BSP Southpool. Total trading
volume reached 3.86 TWh, which represents a 20% increase
in comparison to 1H 2016.
Price (€/MWh)
70,00
60,00
50,00
40,00
500.000
400.000
300.000
Volume (MWh)
We have noticed a reasonable increase on Day-ahead
trading segment (by 15%). On the other hand, Intraday
trading volume has strenghtened by 113%.
30,00
20,00
10,00
0,00
January February March April May June
200.000
100.000
0
volume (MWh) Base Peak
Slovenian Continuous Intraday Market Volumes
in the first half of the year 2017
Slovenian Auction Intraday Market Volumes
in the rst half of the year 2017
Volume (MWh)
45.000
40.000
35.000
30.000
25.000
20.000
15.000
10.000
5.000
0
January February March April May June
Block Volume Hourly Volume Fifteen minute Volume
Total Volume: 146.228 MWh
Block Volume: 56.842 MWh
Hourly Volume: 83.278 MWh
Fifteen minute Volume: 6.108 MWh
Volume (MWh)
60.000
50.000
40.000
30.000
20.000
10.000
0
January February March April May June
MI2 Trading Volume
Mi6 Trading Volume
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BSP
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SouthPool
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One year of successful
Intraday market coupling
on IT-SI Border
st 21 of July – 1 year since
successful AT-SI Market
Coupling
A year ago, Italian and Slovenian power exchanges GME
and BSP SouthPool, together with the transmission
system operators Terna and Eles operationally launched
the Cross Border Intraday Implicit Allocation project (the
"ID-IA project"), which has significantly improved the ID
capacity allocation process on the IT-SI electricity border.
In this respect, the Italian ID sessions of MI2 and MI6 were
coupled with the correspondent sessions of the
Slovenian ID auctions. Market participants accepted the
new ID auction sessions well, which is proved through the
constant growth of traded volume and increasing
number of market participants, which are active during
both relevant ID sessions.
The total traded volume of the BSP Intraday market, for
the time period from June 2016 to June 2017 amounted
to 745.364,921 MWh. The traded volume on the MI
sessions accumulated to 496.652,921 MWh, while on the
Intraday Continuous market resulted to 275.712 MWh.
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On 21 of July 2017, BSP together with its project parties,
commemorates a first year of successful implementation
of SI-AT DA market coupling enabling market participants
simplify import or export of energy from/to Slovenian
market. Expectations of achieving higher efficiency on
the daily allocation process have been confirmed since
adverse flows have disappeared and hours with
converged prices between Slovenian and Austrian
coupled markets have increased. With making this border
a part of the pan-European Multi-Regional Coupling
(MRC) also the BSP trading volume has grown.
In comparison between period from 21
st
July 2015 to 21st
July 2016 and period between 21
nd
July 2016 to 21
nd
July
2017 the BSP total traded volume rose for 19%, and
number of hours with converged prices between
Slovenian and Austrian markets grew for 682%.
NEW -
Implementation
of block products
and negative prices
in September 2017
Based on the proposal of Members
Chamber, BSP will introduce block
p r o d u c t s a n d n e g a t i v e p r i c e s i n
September 2017. The block orders can be
submitted with no consecutive periods
and executed with restriction all-or-none.
BSP will also open the possibility of
negative prices for orders with minimum
price limit set to -500 €/MWh.
With these new features trading at BSP
becomes more flexible and traders will
have a better opportunity for planning
their portfolio.
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BSP
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SouthPool
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FRESH
Monthly
Trading Reports –
First class report
for traders
Traders'
Party 2017 –
News Pub
Portorož
BSP Southpool started preparing
monthly trading reports in order to
enable traders the best possible insight
on their trading opportunities across
different market segments.
The newsletter is published
by BSP Energy Exchange LLC.
Editor in Chief
Anže Predovnik
Completed in July 2017, No 2/2017
Address: BSP Energy Exchange LLC,
Dunajska 156, SI-1000 Ljubljana, Slovenia
Telephone number: + 386 1 620 76 76
Fax number: + 386 1 620 76 77
Website: www.bsp-southpool.com
E-mail: info@bsp-southpool.com
Copyright © 2008 - 2017 – BSP d.o.o.
All rights reserved
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