BSP SouthPool News January 2019

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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 1 / 2 0 1 9
BSP 2018 Market Results
Implemented Products & Completed Projects in 2018
NEW – Introduction of Slovenian Power Futures in 2019
nd
XBID - 2 wave update
Apply for the next Traders' Course
New member on BSP – GEN energija, d.o.o.
Trading report
for the year 2018
Total traded volume in the year 2018 exceeded 7,7
TWh, whereas the volume on Day ahead reached
7.442 GWh and on Intraday 331,103 GWh.
In the year 2018 the total volume of concluded
transactions on Day-Ahead segment amounted to
7.442.113 MWh, which represented 56 % of the
Slovenian market consumption. The maximum daily
volume in the year 2018 reached 34.376 MWh and
took place on the 12 th March. The maximum hourly
volume, an amount of 1.838 MWh was realised on the
delivery day of 29
th
October for the 4
th
hour.
Price (€/MWh)
80
70
60
50
40
30
20
10
0
Slovenian Day Ahead Prices and Volumes
in the year 2018
Jan. Feb. March April May June July Avg. Sept. Oct. Nov. Dec.
Volume (MWh) Base Peak
900.000
800.000
700.000
600.000
500.000
400.000
300.000
200.000
100.000
0
Volume (MWh)
Continuous
Intraday Trading
report for the year
2018
In the year 2018 the total trading volume
reached 131.040 MWh. In the same period a
t o t a l v o l u m e o f 2 6 . 1 3 2 M W h w a s
concluded with block products, 99.314
MWh with hourly products and 5.594 MWh
with 15 minute products.
Volume (MWh)
Slovenian Continuous Intraday Market Volumes in the year 2018
20.000
18.000
16.000
14.000
12.000
10.000
8.000
6.000
4.000
2.000
0
Jan. Feb. March April May June July Avg. Sept. Oct. Nov. Dec.
Block Volume Hourly Volume Fifteen minute Volume
Total Volume: 131.040 MWh Block Volume: 26.132 MWh
Hourly Volume: 99.314 MWh Fifteen minute Volume: 5.594 MWh
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Implicit Auction
Intraday Trading
report for the year
2018
In the year 2018 the total amount of 200.062,904
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 1.418.857 MWh. Through the
implicit allocation at BSP, 61.329,790 MWh of the
offered capacities were allocated. In the
direction from Italy to Slovenia the total amount
of offered daily capacities was 5.619.689 MWh
and 97.230,494 MWh were allocated.
Volume (MWh)
50.000
45.000
40.000
35.000
30.000
25.000
20.000
15.000
10.000
5.000
0
Slovenian Auction Intraday Market Volumes in the year 2018
Jan. Feb. March April May June July Avg. Sept. Oct. Nov. Dec.
MI2 Trading Volume MI6 TRAding Volume
Implemented Products &
Completed Projects in 2018
Additional
liquidity boost
Day-ahead market coupling
on Slovenian-Croatian border
Based on our experience of launching implicit auctions on the
Slovenian-Italian and Slovenian-Austrian borders, we
expected 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
indeed did further strengthen the robustness of
Slovenian electricity price index SIPX. Day-ahead trading
volume in the 2nd half of 2018 was 7,4 % higher in
comparison to the same period in 2017.
NEW – Introduction
of Slovenian power
futures
Ljubljana, 25th October 2018. A workshop about
introducing slovenian long-term financial products on EEX
(European Energy Exchange AG) took place at Kristalna
palača in Ljubljana.
Mr. Steffen Riediger (Head of European Power Derivatives at
EEX) expressed his opinion, that the need for implementing
slovenian long-term financial products already exists for
quite some time on the market. The market has reached its
maturity and trust, but still has a big potential for
substantial growth. European Energy Exchange currently
offers trading power futures for 17 markets.
Trading with slovenian long-term financial products will
become possible in the Q2 2019. "This will enable traders to
hedge against price risks up to 6 years in advance",
mentioned CEO of BSP SouthPool Energy Exchange Mr.
Anže Predovnik. There will be possible to trade yearly,
quarterly, monthly and weekly products. Slovenian power
exchange index for day-ahead trading (SIPX) will therefore
become an underlying for the future electricity price
calculations.
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BSP
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XBID
nd
- 2 wave update
Preparations are now underway for a 2nd wave golive
which is expected to be launched in 2019. The
following countries are actively involved in this
expansion: Bulgaria, Croatia, Czech Republic,
Hungary, Poland, Romania and Slovenia, together
with the bordering countries who are already
operational from the 1st go-live. The borders which
will take part in this 2nd wave go-live will be
confirmed in spring 2019.
Apply
for the next
Traders' Course
Exchange Trader Training Course
offers professional training and
examination for traders wishing to
trade on BSP SouthPool Markets.
Skills supplementation can also be
attended by those who wish to
obtain new knowledge in electricity
trading.
Secure your seat for the 21st of March
and APPLY
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NEW MEMBER
ON BSP – GEN
ENERGIJA, d.o.o.
GEN energija is the parent company in the
GEN Group that generates electricity from
sustainable, low-carbon energy sources
(nuclear, hydro and solar power). Annual
output of their power plants ranges
between 5.600 and 6.300 GWh of electricity,
accounting for more than 40 percent of total
electricity production in Slovenia.
Independent
Software
Vendors (ISVs)
Members of BSP can now enjoy the benefits of
automated trading via three independent software
vendors, who have already successfully tesed their
connection with BSP Intraday trading platform (M7
ComTrader). Their contact details are available on the
the following webpage.
The newsletter is published
by BSP Energy Exchange LLC.
Editor in Chief
Anže Predovnik
Completed in January 2019, No 1/2019
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
BSP Energy Exchange
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