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BSP SouthPool News July 2018

The newsletter of the BSP Energy Exchange July 2017

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<strong>BSP</strong><br />

n<br />

<strong>SouthPool</strong><br />

w<br />

Implicit Auction<br />

Intraday Trading<br />

Report for the<br />

1st<br />

Half <strong>2018</strong><br />

In the first half-year of <strong>2018</strong> the total amount<br />

of 85.637 MWh was traded. In the same period<br />

the total amount of offered daily capacities for<br />

both sessions, in the direction from Slovenia to<br />

Italy amounted to 30.222 MWh. Through the<br />

implicit allocation at <strong>BSP</strong>, 400 MWh of the<br />

offered capacities were allocated. In the<br />

direction from Italy to Slovenia the total amount<br />

of offered daily capacities was 3.055.426 MWh<br />

and 34.747 MWh were allocated.<br />

Volume (MWh)<br />

30.000<br />

25.000<br />

20.000<br />

15.000<br />

10.000<br />

5.000<br />

0<br />

Slovenian Auction Intraday Market Volumes<br />

in the first half of the year <strong>2018</strong><br />

Januar Februar Marec April Maj Junij<br />

Volume MI2<br />

Volume MI6<br />

Introduction of Day-ahead<br />

Market Coupling and new<br />

trading opportunities for<br />

<strong>BSP</strong> Members<br />

With the implementation of implicit allocation of dayahead<br />

cross-border capacities on the last non-coupled<br />

Slovenian electricity border, Slovenian bidding zone is<br />

from 19 th of June on fully coupled and by that integrated<br />

in the single European electricity market.<br />

Based on our experience of launching implicit auctions on<br />

the Slovenian-Italian and Slovenian-Austrian borders, we<br />

can expect that the go-live of fully integrated Slovenian<br />

bidding zone will give the Slovenian spot power market<br />

an additional liquidity boost. Considering the large<br />

volumes of available cross-zonal capacity on Slovenian –<br />

Croatian border this will further strengthen the<br />

robustness of Slovenian electricity price index SIPX. Read<br />

more on <strong>BSP</strong> Info Portal.<br />

EEX cooperates with <strong>BSP</strong> Southpool<br />

to launch Slovenian power futures<br />

All market participants will benefit from the standard product setup which enables them to use Slovenian Power Futures<br />

as a tool to hedge against price risks in the local power spot market, benefitting from high-level standards both in terms of<br />

derivatives trading and clearing services.<br />

Anze Predovnik, CEO of <strong>BSP</strong> Southpool, comments: “Trading volumes on the Slovenian spot market of <strong>BSP</strong> Southpool have<br />

increased considerably in the past 12 months, reaching a monthly record of 0.8 TWh in March <strong>2018</strong>. The listing of power<br />

futures at EEX is a natural step to support this growth trend and to open up the Slovenian power market for additional<br />

trading participants.”<br />

Dr. Tobias Paulun, Chief Strategy Officer of EEX, comments: “Slovenia<br />

has become a liquid hub for cross-border trading with Italy and<br />

Hungary. Therefore, the new products perfectly supplement our<br />

existing offering for European power and will bridge the gap between<br />

those markets.”<br />

FUTURES 1Q 2019<br />

&<br />

32

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