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BSP SouthPool News October 2014

The newsletter of the BSP Regional Energy Exchange No. 4

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

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

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Trading report for <strong>BSP</strong> Intraday market from July – September <strong>2014</strong><br />

In July, August and September<br />

<strong>2014</strong> the total trading volume<br />

reached 42.971,5 MWh. In the<br />

same period a total volume of<br />

29.951 MWh was concluded<br />

with block products, 11.757<br />

MWh with hourly products<br />

and 1.263,5 MWh with 15<br />

minute products.<br />

Volume (MWh)<br />

25.000<br />

20.000<br />

15.000<br />

10.000<br />

Slovenian Intraday Market Volumes<br />

Delivery Day: 01. 01. <strong>2014</strong> - 30. 09. <strong>2014</strong><br />

In July, August and September<br />

<strong>2014</strong> a total volume of 600<br />

MWh was submitted for<br />

clearing (OTC).<br />

5.000<br />

0<br />

January <strong>2014</strong> February <strong>2014</strong> March <strong>2014</strong> April <strong>2014</strong> May <strong>2014</strong> June <strong>2014</strong> July <strong>2014</strong> August <strong>2014</strong> September <strong>2014</strong><br />

Block Volume Hourly Volume Fifteen minute Volume<br />

Total Volume: 91.752 MWh Block Volume: 68.127 MWh Hourly Volume: 21.354 MWh Fifteen minute Volume: 2.271 MWh<br />

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

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

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Paolo Carabelli<br />

(Power Trading Manager at Electrade):<br />

Slovenian Market is a very<br />

important link between<br />

Eastern and Western Europe.<br />

Electrade became a member of <strong>BSP</strong> <strong>SouthPool</strong> as early as<br />

during its set up phase. What are the benefits and<br />

opportunities of your being a member and actively<br />

participating at <strong>BSP</strong>?<br />

Electrade became member of <strong>BSP</strong> in December 2009. Bsp<br />

<strong>SouthPool</strong> was a great opportunity for us to be directly<br />

present in the Slovenian Market, which is a very important<br />

link between Eastern and Western Europe. In recent years the<br />

<strong>BSP</strong> rise in both numbers of members and volumes has been<br />

very significant.<br />

You have been elected as president of <strong>BSP</strong> <strong>SouthPool</strong><br />

Members Chamber. What are your expectations for<br />

developments in the Slovenian power exchange for the<br />

future?<br />

It's a great honour for me to be elected as president of <strong>BSP</strong> South<br />

Pool Members Chamber. My expectation is that the liquidity of<br />

intraday markets will increase over the years and I would hope<br />

that this will create HUBs in the countries close to Slovenia such<br />

as Croatia and Serbia.<br />

What are your expectations regarding Europe day-ahead<br />

market integration?<br />

The integration of European electricity markets can bring about<br />

major efficiency gains in welfare terms to both European<br />

consumers and industries alike. I think that we are in a good<br />

position, in about 2-3 years we should see market integration all<br />

through Europe.<br />

Renewables is actual topic in European electricity<br />

market. How do you see the future trading regarding<br />

variable production from renewables?<br />

Yes, Renewables is a very important topic in European electricity<br />

market. Renewable production is essential in terms of efficiency<br />

and lower system costs, I think that in the future the right mix<br />

between the thermal power plant and the renewables should<br />

be found, in order to ensure during critical conditions (high<br />

demand or low demand) and the security of the electrical<br />

system overall.<br />

2

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