ECC will offer clearing services for EPEX SPOT on the Danish, Finnish, Norwegian and Swedish power markets
- For Intraday continuous products, expected go-live on the 9th or 14thcalendar week 2020, date to be confirmed in January 2020;
- For Day-Ahead auction products, expected go-live on 10 March 2020;
subject to regulatory approval and successful testing.
The extension of cleared products is in line with EPEX SPOT’s plans to launch trading in the Nordic 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.