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Belpex is the Belgian Power Exchange for anonymous, cleared trading in day-ahead electricity, providing the market with a transparent reference price.
Announcements
NorNed Intraday implementation date set to 14 March 2012
23 September 2011 - APX-ENDEX, Nord Pool Spot, Statnett and TenneT are pleased to announce the launch of a cross-border intraday market for trading on the Dutch-Norwegian border on 14 March 2012, depending on the successful testing of the solution.
In February 2011 APX-ENDEX, Belpex, Elia and TenneT launched an integrated cross-border intraday market in Belgium and the Netherlands, using Nord Pool Spot’s Elbas platform. This intraday market coupling leads to a more efficient use of interconnection capacity between both countries and has lead to a significant increase of volumes traded on the intraday market in the Netherlands.
The integration of the Norwegian-Dutch interconnector NorNed cable, linking the existing Dutch-Belgian and Nordic intraday markets, will result in these markets being coupled into one extended cross-border intraday market.
The development of intraday markets is considered as a high priority due to increased generation from renewable energy sources, which increases the demand for trading close to the time of delivery. Integrated regional and inter-regional markets, which offer easy access to bids and offers in other countries, are critical to the development of the market liquidity and an important milestone in the integration of the European electricity intraday market.
Belpex Hourly price index (EUR) |
Belpex Hourly volume index (MWh) |
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CWE Market Coupling Prices (EUR/MWh)
Latest News
Information on long clock change
29 October 2011 for delivery day 30 October 2011
In addition to our message of 24 October, the ITVC project partners would like to inform market parties that final tests to mitigate possible adverse flows due to the long clock change in hours 3A and 3B have been finalized successfully. The new deployment of the new ITVC coupling software has been validated with the new routines:
Routine 1: In hour 3A and hour 3B, equal flows on the ITVC interconnectors have to be sent to Nord Pool Spot and to EPEX. In case of two different values, the EMCC system will select the lower value for these two hours.
Routine 2: In hour 3A and hour 3B, the flow direction on the interconnectors has to be identical. If there is a flow from North to South in one hour and from South to North in the consecutive hour, the EMCC system will calculate a zero flow for both hours.
More info in the pdf file below:
