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Trading fees


Fees as of 1 January 2008

Annual fee

Direct participants Elspot & Elbas* EUR 15 000
Trading & Clearing Representative Elspot & Elbas* EUR 15 000
Clearing customers Elspot & Elbas EUR 2 000
Additional area/portfolio*** EUR 1 250

Variable trading fee

Elspot EUR/MWh 0.03
Elspot - small direct participants** EUR/MWh 0.13
Elbas EUR/MWh 0.08

Gross bidding in Elspot

(Available for Elspot direct participants)

Gross volume fee**** EUR/MWh 0.0025
Net volume fee EUR/MWh 0.03
Additional portfolio for gross bidding purposes***** EUR 1 250

Special terms

* One annual fee covers both Elspot and Elbas
** Direct participants at Elspot can waive the annual fee and pay a higher variable fee of EUR/MWh 0.13. There is a EUR/year 3 000 floor for the sum of volume fees in a calendar year. Volume fee of EUR/MWh 0.13 is invoiced through the year and the floor verified at the end of the year.

Direct participants changing from small direct participant  to direct participant during the year will be charged a pro rata share of the fixed annual fee of EUR 15 000.

*** Companies bidding in more than one area. In this context, Norway or Denmark is considered as one Elspot area. The fee also applies to every additional internal portfolio in Elspot within an area under a direct participant or clearing customer.

**** Gross volume fee for gross bidding. There is a EUR 75 000 ceiling per calendar year for the gross volume fee.

Compensation for loss of interest in gross bidding is NOK 7,80%, EUR 3,80%, SEK 5,10% and DKK 4,10%.

***** Gross bidding will include one portfolio free of charge for the purpose of gross bidding.


 


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