BSP SouthPool News October 2014
The newsletter of the BSP Regional Energy Exchange No. 4
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 />
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