BSP SouthPool News July 2018
The newsletter of the BSP Energy Exchange July 2017
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