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1 Trading report for the year 2016 Total traded volume in the year 2016 exceeded 7 TWh, whereas the volume on Day ahead reached 6.577 GWh and on Intraday 492,022 GWh. This represents a 8,2% yearly increase for Day-ahead, stunning 134% increase for Intraday and above 12% increase in total traded volume. BSP 2016 Market Results BSP SouthPool n w The newsletter of the BSP Regional Energy Exchange No 1/2017 0 100.000 200.000 300.000 400.000 500.000 600.000 700.000 800.000 0 10 20 30 40 50 60 January February March April May June July Avgust September October November December Volume (MWh) Price (€/MWh) Slovenian Day Ahead Prices and Volumes in the year 2016 volume (MWh) Base Peak 0 1.000 2.000 3.000 4.000 5.000 6.000 7.000 8.000 2011 2012 2013 2014 2015 2016 Volume (GWh) Total Traded volume in the year 2016 Day-Ahead volume Intraday volume MI volume 0 10.000 20.000 30.000 40.000 50.000 60.000 January February March April May June July Avgust September October November December Volume (MWh) Slovenian Continuous Intraday Market Volumes in the year 2016 Block Volume Hourly Volume Fifteen minute Volume Total Volume: 272.015 MWh Block Volume: 138.441 MWh Hourly Volume: 122.240 MWh Fifteen minute Volume: 11.334 MWh BSP 2016 Market Results st 21 July 2016 – Market Coupling SI-AT EU Pilot Project – Intraday Implicit Auctions on SI-IT border Intraday trading volume grew by 134% in 2016

Transcript of BSP SouthP nool w · 32 BSP SnouthPowol 0 5.000 10.000 15.000 20.000 25.000 30.000 35.000 40.000...

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Trading report for the year 2016

Total traded volume in the year 2016 exceeded 7 TWh, whereas the volume on Day ahead reached 6.577 GWh and on Intraday 492,022 GWh. This represents a 8,2% yearly increase for Day-ahead, stunning 134% increase for Intraday and above 12% increase in total traded volume.

BSP 2016 Market Results

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Total Volume: 272.015 MWh Block Volume: 138.441 MWhHourly Volume: 122.240 MWh Fifteen minute Volume: 11.334 MWh

BSP 2016 Market Results

st21 July 2016 – Market Coupling SI-AT

EU Pilot Project – Intraday Implicit Auctions on SI-IT border

Intraday trading volume grew by 134% in 2016

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Slovenian Auction Intraday Market Volumes in the year 2016

MI2 Trading Volume MI5 Trading Volume

In 2016 we witnessed a finalization of Market Coupling on our northern and western borders. This project has brought some fresh liquidity and also price stability to the market. Consequently the trading volume reached more then 7 TWh, with record volumes on daily, weekly and monthly levels.

BSP in 2016 BSP now coupled on Austrian & Italian borders

Intraday MC

Day-ahead MC

XBID Timeline21. 7. 2016

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The project was successfully completed on the 21st of June 2016, when we started the project with the operational implementation. As a pilot project on an European scale, this project serves as a model project for the allocation of Intraday cross-border transmission capacity at European borders with positive results.

Bilateral project of Intraday Market Coupling on the Slovenian-Italian border

In June 2016, BSP in the cooperation with Deutsche Boerse, managed to upgrade the Intraday continuous trading application M7 to a new version. The upgrade has improved access to the trading application for market participants and its consistency with the versions that are in use in the neighboring markets. These improvements also contribute to growth in the volume of trading in this segment. Compared with 2015, the trading volume on the Intraday and Balancing market in 2016 increased by 134 percent.

Intraday tradingon BSP

In the segment of Intraday trading, after the model of Price Coupling of Regions, a project of Cross-Border Intraday Market Coupling (Cross Border Intraday - XBID) came to life. The founding members of the XBID project (exchanges APX, Belpex, EPEX, NPS and OMIE and 16 System Operators), joined the rest of the European Designated Operators joining electricity markets (NEMO) and System Operators in February 2016.

Cross Border IntraDay Market Coupling - XBID

In November 2016, System Operator ELES in cooperation with BSP, organized an auction for the purchase of energy to cover losses in the transmission network in 2017, 2018 and 2019. The auction was held between 8 am and 10 am on the Euromarket trading application, which provides automated trading system for all participants and providing market participants functionalities that are also used for Day-ahead trading. At the auction there were following marginal prices achieved: for delivery in 2017 38,39 €/MWh, for delivery in 2018 36,73 €/MWh and for delivery in 2019 36,73 €/MWh.

Auction for the purchase of energy to cover losses on the transmission system in the years 2017, 2018 and 2019

(Note: Intraday Implicit Auctions MI2 and MI6 were opened for trading in June 2016).

Positive start in 2017In the first two months of 2017 BSP noticed an increased trading activity, especially on Intraday trading segment with almost 160 GWh traded. In comparison to the whole trading volume on BSP for the same period, that reached 1,33 TWh, Intraday segment currently represents 12% of the trading volume.

The newsletter is published by BSP Regional Energy Exchange LLC. Editor in ChiefAnže PredovnikCompleted in March 2017, No 1/2017Address: BSP Regional Energy Exchange LLC, Dunajska 156, SI-1000 Ljubljana, SloveniaTelephone number: + 386 1 620 76 76Fax number: + 386 1 620 76 77Website: www.bsp-southpool.comE-mail: [email protected]

Copyright © 2008 - 2017 – BSP d.o.o. All rights reserved Your energy choice.

BSP Regional Energy Exchange

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wnBSP SouthPool

In 2017 BSP SouthPool offers Training courses a n d Wo r k s h o p s f o r t r a d e r s a n d o t h e r professionals who would like to obtain new knowledge. We have prepared, in the following section, outlines of the topics presented at the workshops, but we remain flexible to suit applicants further inquiries. Some of the most interesting workshops are:

Exchange Trader Training Course – focusing on Day-Ahead and Intraday Markets, Trading Rules and Auction Trading.

Tailor-made Workshop for Companies – this workshop is prepared for companies outside of the electricity industry, which would like to learn about trading, market structure, electricity prices and the ways in which electricity contracts are concluded.

All information about Training Courses and Workshop is available on our web page www.bsp-southpool.com.

Training courses and workshops

New members on BSP:Members from 14 different countries now trade on BSP.

EPS - Serbia

JWM Energia - Poland