BSP SouthPool News October 2014

bspsouthpool

The newsletter of the BSP Regional Energy Exchange No. 4

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 R e g i o n a l E n e r g y E xc h a n g e N o 4 / 2 0 1 4

BSP SouthPool Market Results

Paolo Carabelli

(Power Trading Manager at Electrade):

Slovenian Market is a very important link

between Eastern and Western Europe.

New Member of BSP SouthPool is

Ekologicke Zdroje Energie s.r.o.

BSP SouthPool market Results

Trading report July - September 2014

In July, August and September the total volume of

concluded transactions amounted to 1.427.920

MWh, whereas the volume of entered orders in the

aforementioned period was 5.005.175 MWh.

Total volume in July reached 476.106,479 MWh,

which represents 48,7 percent of Slovenian market

consumption, in August 459.153,226 MWh, 50

percent of Slovenian market consumption and in

September 492.660,640 MWh, which represents 50,4

percent of Slovenian market consumption The

st

maximum daily volume in the period from 1 July to

th

30 September reached 19.244 MWh and took place

th

on 15 July. The maximum hourly volume, an amount

th

of 1.101 MWh, was realised on the delivery day of 13

th

August for the 12 hour.

Price (EUR/MWh)

100,00

90,00

80,00

70,00

60,00

50,00

40,00

30,00

20,00

10,00

0,00

Correlation between offered and allocated quantity of

daily capacatiy on SI - IT border and difference between

Base price on SI and IT market in September 2014

0

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30

ELES > Terna Allocated Quantity ELES > Terna Non - Allocated Quantity SLO price IT Nord price

16.000

14.000

12.000

10.000

8.000

6.000

4.000

2.000

Volume (MWh)

Price (EUR/MWh)

80,00

70,00

60,00

50,00

40,00

30,00

20,00

10,00

0,00

Slovenian Market Auction Prices and Volumes

Delivery Day: 01. 09. 2014 - 30. 09. 2014

0

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30

Transactions Volume BASE Price EURO-PEAK Price

20.000

18.000

16.000

14.000

12.000

10.000

8.000

6.000

4.000

2.000

Volume (MWh)

Volume (GWh)

1.200

1.000

800

600

400

200

Day-aheatotal trading volume in the Slovenian trading - volume of entered orders and

market

0

October

2013 November

2013 December

2013

January

2014 February

2014 March April

2014 May

2014 2014

June

2014

Trading Volume Buy Orders Sell Orders

July

2014

August

2014 September

2014

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BSP

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SouthPool

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Trading report for BSP Intraday market from July – September 2014

In July, August and September

2014 the total trading volume

reached 42.971,5 MWh. In the

same period a total volume of

29.951 MWh was concluded

with block products, 11.757

MWh with hourly products

and 1.263,5 MWh with 15

minute products.

Volume (MWh)

25.000

20.000

15.000

10.000

Slovenian Intraday Market Volumes

Delivery Day: 01. 01. 2014 - 30. 09. 2014

In July, August and September

2014 a total volume of 600

MWh was submitted for

clearing (OTC).

5.000

0

January 2014 February 2014 March 2014 April 2014 May 2014 June 2014 July 2014 August 2014 September 2014

Block Volume Hourly Volume Fifteen minute Volume

Total Volume: 91.752 MWh Block Volume: 68.127 MWh Hourly Volume: 21.354 MWh Fifteen minute Volume: 2.271 MWh

BSP

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SouthPool

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Paolo Carabelli

(Power Trading Manager at Electrade):

Slovenian Market is a very

important link between

Eastern and Western Europe.

Electrade became a member of BSP SouthPool as early as

during its set up phase. What are the benefits and

opportunities of your being a member and actively

participating at BSP?

Electrade became member of BSP in December 2009. Bsp

SouthPool was a great opportunity for us to be directly

present in the Slovenian Market, which is a very important

link between Eastern and Western Europe. In recent years the

BSP rise in both numbers of members and volumes has been

very significant.

You have been elected as president of BSP SouthPool

Members Chamber. What are your expectations for

developments in the Slovenian power exchange for the

future?

It's a great honour for me to be elected as president of BSP South

Pool Members Chamber. My expectation is that the liquidity of

intraday markets will increase over the years and I would hope

that this will create HUBs in the countries close to Slovenia such

as Croatia and Serbia.

What are your expectations regarding Europe day-ahead

market integration?

The integration of European electricity markets can bring about

major efficiency gains in welfare terms to both European

consumers and industries alike. I think that we are in a good

position, in about 2-3 years we should see market integration all

through Europe.

Renewables is actual topic in European electricity

market. How do you see the future trading regarding

variable production from renewables?

Yes, Renewables is a very important topic in European electricity

market. Renewable production is essential in terms of efficiency

and lower system costs, I think that in the future the right mix

between the thermal power plant and the renewables should

be found, in order to ensure during critical conditions (high

demand or low demand) and the security of the electrical

system overall.

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BSP

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SouthPool

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Training Course

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On the 4 of September BSP organized the

Exchange Trader Training Course. Four

participants from Borzen were attending the

course. During the course participants were

addressed with information on the BSP

power exchange rules, clearing and trading

platform.

Ekologicke Zdroje

Energie s.r.o. is a new

member of BSP SouthPool

BSP Regional Energy Exchange has 50 members at the moment: Alpiq

Energy, Axpo Trading AG, Borzen, CNR, Dans Energy, Danske

Commodities, DufEnergy Trading, Ekologicke Zdroje Energie,

Edelweiss Energia, EDF Trading, Electrade, Elektro Slovenija, Edison

Trading, Elektro Energija Celje, Elektro Energija, Elektro Maribor

Energija Plus, Energija Naturalis Int., E3, Elektro Prodaja E.U., Enel

Trading, Energi Danmark, Energy Financing Team, ENOI Power, Europe

Energy SpA, EVN Trading South East Europe, Ezpada, GALA, Gazprom

Marketing &Trading, GDF SUEZ Energia Holding Hungary Zrt., Gen-I,

HEP - Trgovina, Holding Slovenske elektrarne, Interenergo, JAS Energy

Trading, JP Elektroprivreda Srbije, MVM Partner ZRt., Petrol d.d., Petrol

energetika, Repower Trading, Rudnap Group, Statkraft Markets, TEI

Deutschland, Termoelektrarna toplarna Ljubljana, Tradition Financial

Services (TFS), UNITRADING ENERGIA SRL, Vattenfall Energy Trading,

Verbund, Virtuse energija and Vitol.

The newsletter is published

by BSP Regional Energy Exchange LLC.

Editor in Chief

Anže Predovnik

Completed in October 2014, No 4/2014

Address: BSP Regional 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 - 2014BSP d.o.o.

All rights reserved

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