BSP SouthPool News July 2018

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 8
BSP First Half-Year 2018 Market Results
Introduction of Day-ahead Market Coupling and new trading
opportunites for BSP Members
BSP SouthPool celebrated 10 Anniversary
BSP SouthPool celebrated 10 th
Anniversary
EEX cooperates with BSP SouthPool to launch Slovenian Power Futures
Traders' Party & Members Chamber Meeting in Ljubljana
Trading Report for
the First Half of the
year 2018
60
50
Slovenian Day Ahead Prices and Volumes
in the first half of the year 2018
900.000
800.000
700.000
Total traded volume in the first half-year of 2018
exceeded 4 TWh, whereas the volume on Day ahead
reached 3.838 GWh and on Intraday 167 GWh. The
total volume of concluded transactions represented
57,5 % of the Slovenian market consumption
The maximum Day-ahead daily volume in the 1 st
Half 2018 reached 34.376 MWh and took place on
the 12 th March. The maximum hourly volume, an
amount of 1.776 MWh was realised on the delivery
day of 19 th March for the 4 th hour.
Price (€/MWh)
40
30
20
10
0
January February March April May June
volume (MWh) Base Peak
600.000
500.000
400.000
300.000
200.000
100.000
0
Volume (MWh)
Continuous Intraday
Trading Report for the
First Half-Year of 2018
In the first half-year of 2018 the total trading
volume reached 81.367 MWh. In the same period a
total volume of 20.362 MWh was concluded with
block products, 57.647 MWh with hourly products
and 3.359 MWh with 15 minute products.
Volume (MWh)
20.000
18.000
16.000
14.000
12.000
10.000
8.000
6.000
4.000
2.000
0
Slovenian Continuous Intraday Market Volumes
in the first half of the year 2018
January February March April May June
Block Volume Hourly Volume Fifteen minute Volume
Total Volume: 81.368 MWh
Hourly Volume: 57.647 MWh
Block Volume: 20.362 MWh
Fifteen minute Volume: 3.359 MWh
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BSP
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Implicit Auction
Intraday Trading
Report for the
1st
Half 2018
In the first half-year of 2018 the total amount
of 85.637 MWh was traded. In the same period
the total amount of offered daily capacities for
both sessions, in the direction from Slovenia to
Italy amounted to 30.222 MWh. Through the
implicit allocation at BSP, 400 MWh of the
offered capacities were allocated. In the
direction from Italy to Slovenia the total amount
of offered daily capacities was 3.055.426 MWh
and 34.747 MWh were allocated.
Volume (MWh)
30.000
25.000
20.000
15.000
10.000
5.000
0
Slovenian Auction Intraday Market Volumes
in the first half of the year 2018
Januar Februar Marec April Maj Junij
Volume MI2
Volume MI6
Introduction of Day-ahead
Market Coupling and new
trading opportunities for
BSP Members
With the implementation of implicit allocation of dayahead
cross-border capacities on the last non-coupled
Slovenian electricity border, Slovenian bidding zone is
from 19 th of June on fully coupled and by that integrated
in the single European electricity market.
Based on our experience of launching implicit auctions on
the Slovenian-Italian and Slovenian-Austrian borders, we
can expect that the go-live of fully integrated Slovenian
bidding zone will give the Slovenian spot power market
an additional liquidity boost. Considering the large
volumes of available cross-zonal capacity on Slovenian –
Croatian border this will further strengthen the
robustness of Slovenian electricity price index SIPX. Read
more on BSP Info Portal.
EEX cooperates with BSP Southpool
to launch Slovenian power futures
All market participants will benefit from the standard product setup which enables them to use Slovenian Power Futures
as a tool to hedge against price risks in the local power spot market, benefitting from high-level standards both in terms of
derivatives trading and clearing services.
Anze Predovnik, CEO of BSP Southpool, comments: “Trading volumes on the Slovenian spot market of BSP Southpool have
increased considerably in the past 12 months, reaching a monthly record of 0.8 TWh in March 2018. The listing of power
futures at EEX is a natural step to support this growth trend and to open up the Slovenian power market for additional
trading participants.”
Dr. Tobias Paulun, Chief Strategy Officer of EEX, comments: “Slovenia
has become a liquid hub for cross-border trading with Italy and
Hungary. Therefore, the new products perfectly supplement our
existing offering for European power and will bridge the gap between
those markets.”
FUTURES 1Q 2019
&
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BSP
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Successful Long-term
Auction with biggest
Energy Consumer
in Slovenia
(company Talum d.d.)
Together with company TALUM, which is the biggest
consumer of electric energy in Slovenia, that
produces above 84.000 tons of aluminum per year,
BSP successfully performed an Auction for the
purchase of energy for 2019. An auction took place
on the 17th of May.
LONG-TERM Auction center
for the Region
Performed
in 2017
Performed
in 2018
3rd
Time
1st
Time
1st
Time
Monthly
1st
Time
Grid Losses for
2018, 2019, 2020
Settlement of
Imbalances for 2019
Tertiary Freq. Control
for January 2018
Tertiary Freq.
Control
TALUM - Purchase
of Energy for 2019
BSP SouthPool Energy Exchange
celebrated a 10-year anniversary
We care!
BSP SouthPool donated
1 cent from every trade
closed in April to a girl
who faces a rare form
of diabetes
New Member
on BSP
POWERMART
ApS (Danmark)
PowerMart is a Danish power
trading house founded in 2014.
Their focus is on proprietary trading, and they
operate in all major grids across Europe.
Exchange
Traders Course
– 20th
September 2018
We would love to invite you to attend professional
training and examination for traders wishing to
trade on BSP SouthPool, and also for all who are part
of energy sector and would like to refresh and
further develop their knowledge about power
trading.
apply here
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BSP
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SouthPool
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Traders' Party 2018
This time in Ljubljana
Annual Members
Chamber Meeting
The newsletter is published
by BSP Energy Exchange LLC.
Editor in Chief
Anže Predovnik
Completed in July 2018, No 2/2018
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
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All rights reserved
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