BSP SouthPool En.trading 2016 Budva, December 1st 2016
Full name of the Company BSP Regional Energy Exchange LL C Address Dunajska cesta 156, 1000 Ljubljana, Slovenia Tel / Fax + 386 1 620 7676 / + 386 1 620 7677 URL www.bsp-southpool.com E-mail info@bsp-southpool.com Date of Establishment 8 April 2008 General Manager Anže Predovnik
Markets Development
Slovenian electricity market Initial Slovenian electricity market set-up Day-ahead auction trading closing at 12:00 (D-1), Results publication at 12:54 (D-1); Two intraday auctions: MI2 trading closing 16:30 (D-1), Result publication 17:00 (D-1) MI5 trading closing 11;15 (D), Result Publication 11:45 (D) Intraday continuous trading (+OTC) opened from 15:00 - 00:00 for the next Delivery day and it closes one hour before actual delivery.
Products Products: Auction trading Hourly products (1-24) for DA and MI2 Hourly products (17-24) for MI5 Products: Continuous trading Base (00:00-24:00); Peak (08:00-20:00); Hourly Products; Quarterly Products; User Defined Products. Hourly Auction Trading via EM, Continuous Trading via M7 Platform; Trading and financial settlement in EUR; Slovenian legal framework allows international participation.
Vse združi v en blok in dodaj MI-je
Yearly clearing settlement of 250 million EUR klirin Yearly clearing settlement of 250 million EUR
(Source: HUPX, EPEX, GME, BSP)
„The use of an implicit auctioning system, where transmission capacity Market Coupling „The use of an implicit auctioning system, where transmission capacity represents an input parameter in the exchange offers between two or more power exchanges“ Vir!!! (Source: ACER ??
FR-IT, CH-IT, AT-IT, SI-IT, SI-AT and GR-IT Project launched to implement the European target model for the day ahead Capacity Allocation and Congestion Management on all the Italian borders: FR-IT, CH-IT, AT-IT, SI-IT, SI-AT and GR-IT Najdi VIR!
Market Coupling Slovenia ↔ Italy 24.2.2015 PX TSO PX TSO PCR CLOUD
Number of market participants Market Coupling 21.7.2016 Number of market participants Market Depth Trading volume Liquidity
How to bring liquidity to small market? Implicit connection to neighbouring liquid markets Positive results from coupling with 287 TWh liquid market Positive results from coupling with 340 TWh liquid market BSP Weekly volume in November exceeded 200.000 MWh (record daily volume of above 35.000 MWh) Fast, simple and cost effective solution Same technical solution as neighbouring market Inhouse clearing as prerequisite for quick customisations Possible extension of such model on Intraday market segment Intraday market coupling between Slovenia and Italy Potential of Montenegro – Italy power cable
THANK YOU FOR ATTENTION! Tomo Bajželj Key Account Manager BSP Regional Energy Exchange Dunajska 156, SI-1000 Ljubljana T +386 1 620 76 87 tomo.bajzelj@bsp-southpool.com www.bsp-southpool.com