Start Page > Market news > Exchange information > No. 85/2009 NorNed Trading Solution

No. 85/2009 NorNed Trading Solution

Nord Pool Spot has received the following information from Statnett:

Statnett has a temporary license for explicit auction on NorNed until end 2009.

Statnett, TenneT and partners have been striving to establish market coupling based on implicit auction on NorNed. As part of this process TenneT initiated a grid code change proposal in the Netherlands in December 2008. By a letter to TenneT, the Dutch regulator (NMa) now have stated their intention not to accept this grid code proposal.

The result of this being that it is not possible to establish market coupling based on implicit auction on NorNed within the valid period of Statnett’s temporary license.

Statnett will as soon as the situation is more clarified, approach the Norwegian Ministry of Petroleum and Energy with a request for a new license to continue the explicit auction solution.

Further information will be given as and when available.

Lysaker, 8 October 2009

For further information, please contact Statnett:

Ole Gjerde, phone +47 2252 7037
Tom Tellefsen, phone +47 2252 7443