We are pleased to inform you that ECC will offer clearing services for EPEX SPOT on the Danish, Finnish, Norwegian and Swedish power market
- For Intraday continuous products, expected go-live in January 2020, between the 3rd and 5th calendar week;
- For Day-Ahead auction products, expected go-live in March 2020, precise date to be confirmed shortly by the Nordic MNA Project;
subject to regulatory approval and successful testing. The extension of cleared products is in line with EPEX SPOT’s plans to launch trading in theNordic region. EPEX SPOT will extend its trading offer to new market areas in the framework of the Guideline on Capacity Allocation and Congestion Management (CACM) which enables power exchanges to operate markets outside of their historical home markets. Thus, trading members active on EPEX SPOT will be able to trade in additional market areas via their EPEX SPOT membership, expanding their business opportunities through one single trading screen.
To prepare the launch of local products in the Nordic markets, this Clearing Circular outlines a number of changes that will impact you as of go-live. Further information such as the nominations process and code will be provided in due course. In the meantime, please do not hesitate to contact us should you need further information.