Weekly volume record for N2EX day-ahead auction
Lysaker, 7 February 2011
The N2EX day-ahead auction reached a new weekly volume record in week 5 with 160.5 GWh traded.
The average daily volume in week 5 was 22.9 GWh.
For the three day staggered auction accumulated volume was 65.7 GWh, also an all time high.
“We are very pleased to see a steady growth in liquidity on the N2EX day-ahead auction. New members are continuously joining the marketplace and we are happy to experience increased activity,” says Hans Randen, Director European Integration, Nord Pool Spot.
Total volume traded on the N2EX day-ahead auction since 1 January 2011 is 684 GWh.
For further information, please contact N2EX:
Press contacts:
Hans Randen, Director European Integration, Nord Pool Spot, phone +47 9202 1326
Trine Fersnes Riccardi, Director of Communications, Corporate Communications,
NASDAQ OMX Commodities, phone +47 6752 8080/+47 9574 7497
About N2EX
N2EX is the name of the UK power market offering from NASDAQ OMX Commodities and Nord Pool Spot. NASDAQ OMX Stockholm AB is the authorized clearinghouse.
The web site, www.n2ex.com, provides market information and documentation for the UK power market.
About NASDAQ OMX Commodities
NASDAQ OMX Commodities is the brand name for the NASDAQ OMX Group’s worldwide suite of commodity related products and services. The NASDAQ OMX Commodities offerings include power, natural gas and carbon emission markets and clearing services. NASDAQ OMX Commodities is a trademark of the NASDAQ OMX Group, Inc.
NASDAQ OMX Commodities Europe is the trade name of NASDAQ OMX Oslo ASA which is authorized as a commodity derivatives exchange by the Norwegian Ministry of Finance and supervised by the Norwegian Financial Supervisory Authority.
All trades with NASDAQ OMX Commodities Europe are subject to clearing with NASDAQ OMX Stockholm AB, which is authorized and supervised as a multi-asset clearinghouse by the Swedish Financial Supervisory Authority in Sweden as well as authorized to conduct clearing operation in Norway by the Norwegian Ministry of Finance.
NASDAQ OMX Commodities has more than 360 members from over 15 countries covering a wide range of energy producers, consumers and financial institutions.
For more information, please visit www.nasdaqomxcommodities.com.
About Nord Pool Spot
Nord Pool Spot runs the largest market for electrical energy in the world, offering both day-ahead and intraday markets to its participants. Nearly 340 companies from 18 countries trade on the exchange. The Nord Pool Spot group has offices in Oslo, Helsinki, Stockholm, Fredericia (Denmark), Tallinn and London. Nord Pool Spot is owned by the Nordic transmission system operators. In 2010, the group had a turnover of 307 TWh representing a value of EUR 18 billion.
For more information, visit www.nordpoolspot.com.
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