Nord Pool Spot opens Elbas for cross-border trading
Nord Pool Spot, which runs Elbas, the first intra-day trading system in Europe, is to extend it to cover the German bidding area “Kontek” on September 25.
Elbas previously offered a flexible intra-day system for balancing power supply and demand in the Nordic region. Nord Pool CEO Jørn Limann said that “Opening Elbas for cross-border trading between the Nordic and German market is an exciting step into the future of a common European intra-day market.”
By trading in Kontek participants will have access to intra-day trading in the Vattenfall Europe Transmission control area in Germany. Capacity on the Kontek cable will be made available for intra
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