As an instrument to ease effect situations in the market, there is a possibilty to have not activated block bids converted to regular hourly bids in the Elspot market in a situation where the price in the area reaches technical maximum. The conversion of a block bid on the supply side in a situation of under supply will reduce – or may even help to avoid - the need of curtailment of the purchase side.

Information about conversion of block bids can be found in Exchange Information  no. 31/2004 and no. 37/2004. Rules for this arrangement is found in Appendix 1 – Elspot Regulations – to the Rulebook for Nord Pool Spot’s Physical markets section 2.13 and 2.14

Participants interested in conversion of block bids must contact Nord Pool Spot.

Participants who have signed an agreement for conversion of block bids will be published on the Nord Pool Spot homepage.

Participants who have agreed to conversion of block bids: