No. 89/2009 The bidding area KONTEK shut down and CBO service terminated for delivery date 10 November 2009

Due to the launch of the EMCC market coupling between Denmark and Germany on 9 November, the German bidding area KONTEK in Nord Pool Spot’s Elspot market will be closed down. The last date the KONTEK area will be open for bidding is on Sunday 8 November 2009, for delivery on Monday 9 November 2009.

As a consequence of market coupling, the CBO service on the connection Denmark West (DK1) - Germany will be shut down on 10 November. All CBO agreements with participants will be terminated effective as of the same date.

Nord Pool Spot wishes to express gratitude to all participants who have actively provided bids and offers in the KONTEK bidding area for the past four years. That support, combined with the implicit auction mechanism that has been in place between the KONTEK and the Danish bidding areas in Elspot, has provided a more efficient usage of interconnector capacity across the Danish-German border. It has as such also worked as an efficient intermediary step towards the more complete implicit auction market coupling that now will be put in place between the Nord Pool Spot and EPEX spot markets via EMCC. 

Lysaker, 30 October 2009

For further information, please contact Nord Pool Spot:

Hilde Rosenblad, Project Manager, phone +47 67 52 80 30, hr@npspot.com
Siw Hauge, Director Communications, phone +47 90 61 59 92, sh@npspot.com