C E gi a gi af, ece OXPS a, a 2 T d 12.

Size: px
Start display at page:

Download "C E gi a gi af, ece OXPS a, a 2 T d 12."

Transcription

1 F

2 C E gi a gi af, ece OXPS a, a2 T d12.

3 1.

4 2, g A2, 2 43 ),2,2( r npcz ByPʼm 114.2E a kf lsc du np ci ʻo P Bnp Ce P Cnp

5 d Xe Z t 3B B 1) 3 B 43 3 B nc g g3 r r8 1) Bg A 3 i cb8 nc E 3 n ln 8 1) 33o3Xe Z 8 nc

6 g l MRel O OWO8 0 1 R g l )- XCMA C MO W CMA X /cr elx h R X AM X ht i r r R el E O e km X / cr R 2 ) 5 3 Mg l MA X X AM X h RX AX ROWO/ cr

7 h G./ 2 5 W h h./ W M W5 7 6 M 5 Press Release Bonn, 13 April 2017 Page 1 of 2 Bundesnetzagentur announces successful bids in first auction for offshore wind farms Jochen Homann: "Average award price of 0.44 ct/kwh far below expectations" The Bundesnetzagentur has today announced the results of the first auction for grid connections and funding for existing offshore wind farm projects. "The average weighted award price of 0.44 cents per kilowatt hour is far below expectations. This shows the auction has unlocked medium and long-term cost reduction potential, which will lead to a reduction in funding to an extent that had not been expected," said Jochen Homann, Bundesnetzagentur President, commenting on the outcome of the auction. "Offshore wind energy is categorically proving its competitiveness. This is good news for all electricity consumers who contribute to funding renewable energy through the renewable energy surcharge," stated Mr Homann. "It remains to be seen, however, whether the prices in the next auction will be as low." Auction results Four bids were able to be accepted, taking account of the total volume up for auction of 1,550 megawatts (MW) and the possible grid connections. The four successful bids are all for projects in the North Sea and amount to 1,490 MW and thus nearly the total volume that was available for auction. The average award price was 0.44 cents per kilowatt hour (ct/kwh). The lowest price bid was 0.00 ct/kwh, and the highest price accepted was 6.00 ct/kwh.

8

9 8

10 2 -.

11 ( )( % % % %,,,, % (% ) %%)

12 e r two ln )r a o 01 7 e X r o r e a o E s o rp g h X a r ca o ( r d a o

13 ) ((( ETF NBP TTF GAS POOL ZEE ZTP PEG NORD NCG CEGH TRS PSV Power Derivatives Exchange-traded EEX Power Futures EEX Trade Registration Services for Power Futures ECC clearing for further exchanges Emission Allowances EUA Primary Market Auction for 25 EU member states, as well as Germany and Poland Natural Gas Location spreads Natural Gas hubs New Natural Gas hubs Power Spot Germany/Austria, Luxembourg France United Kingdom The Netherlands Belgium Switzerland Market Operations for Hungarian the Power Exchange HUPX Market operation services for South East European Power Exchange SEEPEX

14 Power Power Spot Austrian Power Spot (IT DA) Belgian Power Spot (IT DA) Dutch Power Spot (IT DA) French Power Spot (IT DA) French capacity guarantees German Power Spot (IT DA) Serbian Power Spot Swiss Power Spot (IT DA) UK Power Spot (IT DA) Power Derivatives Belgian Power Futures (F P) Czech Power Futures (F) Dutch Power Futures (F P) French Power Futures (F P) French Power Options German Intraday Cap Futures (F) German/Austrian Wind Power Futures Greek Power Futures (F) Hungarian Power Futures (F P) Italian Power Futures (F) Italian Power Options Nordic Power Futures (F) Phelix Power Futures (F) Phelix Power Options Polish Power Futures (F) Romanian Power Futures (F) Slovak Power Futures (F P) Spanish Power Futures (F) Spanish Power Options Swiss Power Futures (F P) UK Power Futures (F) A :020 : :02,,

15 The calculation of EEX s market share is based on the figures published by the exchanges and the London Brokers Association (LEBA) every month.

16 Spot Market Derivatives Market TWh 4,000 3,600 3,200 2,800 2,400 2,000 1,600 1,

17 () yt d (- 0/- O TD IS T S d ) O TDS T S 6 h 6nr Ade aa

18 Market Areas EPEX SPOT Markets Germany/Austria, Luxembourg France United Kingdom The Netherlands Belgium Switzerland Spot Market 535 TWh Traded volume in 2016 Servicing other exchanges Market operation for the Hungarian Power Exchange HUPX Market coupling for the Slovakian OKTE, Romanian OPCOM and HUPX Market operation services for South East European Power Exchange SEEPEX

19 , )( ad TR geustcithftw X,,:GN I K I A DBOGN I K I, ( ) D B FGN I K IK AGN I K I I F AGN I K I ICGN I K IK DB FGN I K I GI B GN I K I GE FB FGN I K I 6H FB AGN I K I6NBGN I K I81GN I K IIE FFKI P * H K I BF GN I K I GI IE FP (KIB :,GN I K I * AGN I K I/ FIB FGN I K I6DGCGN I K I GDB A GN I K I GE FB FGN I K I GN IHKBGF A DBOGN IHKBGF, ( I F AGN IHKBGFK DB FGN IHKBGF 6H FB AGN IHKBGF I B KI KBGF HIG K

20 9iEgCy dc ) ) a nnu Ct ox a e au CtCm 9 Clr Cmp9r Ch P m FCyr C 1) ) F X

21 Market Areas and Location Spreads Nordics Derivatives Market 3,920TWh NL traded EEX and PXE volume in 2016 BE DE/AT FR CH IT ES Exchange-traded EEX Power Futures EEX Trade Registration Services for Power Futures ECC clearing for further exchanges Exchange-traded PXE Power Futures (Czech Republic, Poland, Slovakia, Romania)

22 T6 e Xi PE 6W lh PE 5 F5 7

23 ) )( r dx Po 2 2r dx Pu n2 u tcw i u tcw E g 2d 2e

24 Power Spot- Market 15min. Contracts Intraday Market (DE) Intraday Market (AT) Intraday Market (CH) 15-min Intraday Auction (DE) Lead time reduction Market Coupling FR/DE cross-border intraday NWE-Market Coupling (CWE+UK+Nordics) Derivatives Day/Weekend Futures (DE/AT) Day/Weekend Futures (FR/IT/ES) Cap-Futures* Wind Power Futures Daily / Hourly Options *Hedging against price risks in the Intraday market

25

26 23 5 Mp rr acxf IM3 5 M r act tw acm2 /0 PE CS s uh sese Ose P iac P 3 5WDT 16

27 re 0 7 6/o C M7 6/I up re ) / t lhnf df f ICXe f Wa F y 1 t

28

29 XW i w u r w EwEP Xet d 8 wswn o W E w FP

30

31 rf0 i 0uF0 t3 0 n p 0OP o W 0 OP t OP e sf wd

EoD XLS Market Results Interface Specification

EoD XLS Market Results Interface Specification EoD XLS Market Results Interface Specification EEX Info-Products 08.08.2018 Leipzig Ref. 27 Table of s 1. Document History 7 2. List of Abbreviations 9 3. Management Overview 11 4. Definitions 12 4.1 General

More information

EUROPEAN POWER EXCHANGE

EUROPEAN POWER EXCHANGE 2016 EUROPEAN POWER EXCHANGE ABOUT EPEX SPOT EEX GROUP EEX / POWERNEXT 51% HGRT AMPRION / APG / ELIA / RTE / SWISSGRID / TENNET 49% SHAREHOLDER STRUCTURE SINCE NOVEMBER 2015 100% APX INCLUDING BELPEX 100%

More information

Exchange Trading and Clearing Key Elements of a Liquid Energy Market

Exchange Trading and Clearing Key Elements of a Liquid Energy Market Exchange Trading and Clearing Key Elements of a Liquid Energy Market Argus Turkish Power and Gas Trading, 8 th May 2013, Istanbul Dr.-Ing. Dr. Tobias Paulun, Managing Director Exchange, EEX AG European

More information

Contract Specifications

Contract Specifications Contract Specifications The English version is for informal use only. The German version is legally binding. 07.06.2018 Leipzig Release 0061a Table of Contents A. Subject of the Contract and Underlying

More information

One Clear Connection to Commodities. European Commodity Clearing clearing and settlement of energy and commodity products

One Clear Connection to Commodities. European Commodity Clearing clearing and settlement of energy and commodity products One Clear Connection to Commodities European Commodity Clearing clearing and settlement of energy and commodity products What actually is clearing? Clearing assures the proper fulfilment of each contract

More information

European Commodity Clearing. one clear connection

European Commodity Clearing. one clear connection European Commodity Clearing one clear connection European Commodity Clearing one clear connection to commodity markets to an international network of partners to safe business to ECC European Commodity

More information

a cornerstone for the Regional Electricity Market 11 th SE Europe Energy Dialogue, Thessaloniki, June, 2018

a cornerstone for the Regional Electricity Market 11 th SE Europe Energy Dialogue, Thessaloniki, June, 2018 a cornerstone for the Regional Electricity Market 11 th SE Europe Energy Dialogue, Thessaloniki, 26-27 June, 2018 Strategic partnership SEEPEX is the result of strategic partnership between EMS and EPEX

More information

ECC PRICE LIST Leipzig. Document Release: 031. The English version is for informal use only and is not legally binding.

ECC PRICE LIST Leipzig. Document Release: 031. The English version is for informal use only and is not legally binding. ECC PRICE LIST 03.01.2018 Leipzig Document Release: 031 The English version is for informal use only and is not legally binding. Table of contents 1. General Regulations 4 1.1 Definition of Terms 4 Annual

More information

ECC PRICE LIST Leipzig. Document Release: 037. The English version is for informal use only and is not legally binding.

ECC PRICE LIST Leipzig. Document Release: 037. The English version is for informal use only and is not legally binding. ECC PRICE LIST 02.07.2018 Leipzig Document Release: 037 The English version is for informal use only and is not legally binding. Table of contents 1. General Regulations 4 1.1 Definition of Terms 4 1.1.1

More information

Trayport Euro Commodities Report

Trayport Euro Commodities Report Trayport Euro Commodities Report Trayport Analysis Team April 2018 Legal disclaimer DISCLAIMER The content may not be copied, reprinted, published, transmitted, transferred, disseminated or distributed

More information

EEX Group price list Leipzig. Ref This document is for information purposes only and is not legally binding

EEX Group price list Leipzig. Ref This document is for information purposes only and is not legally binding EEX Group price list 23.01.2018 Leipzig Ref. 00022 This document is for information purposes only and is not legally binding Table of Contents 1. The Entities of EEX-Group 3 2. Variable Fees 4 2.1. Power

More information

Trayport Euro Commodities Report

Trayport Euro Commodities Report Trayport Euro Commodities Report Trayport Analysis Team July 2017 Legal disclaimer DISCLAIMER The content may not be copied, reprinted, published, transmitted, transferred, disseminated or distributed

More information

Central European Gas Hub

Central European Gas Hub Central European Gas Hub 12 th CEGH Feedback Workshop Vienna, 30 June 2016 1 1 12 th CEGH Feedback Workshop Agenda Welcome, Opening Words Update CEGH OTC Market Update CEGH Gas Exchange AT, CZ CEGH Powernext

More information

Functioning of European Gas Wholesale Markets

Functioning of European Gas Wholesale Markets Functioning of European Gas Wholesale Markets Quantitative Study Vienna, July 2014 Dr. Albrecht Wagner Wagner, Elbling & Company Management Advisors Seilerstätte 18-20, 3. OG A-1010 Wien office: +43 664-849

More information

16 th edition of this popular report

16 th edition of this popular report European European Power Power Trading Trading 2017 2017 16 th edition of this popular report This document includes a report summary, a table of contents, report format and price information, and an order

More information

Position paper on the further development of the German gas market areas in the light of the Gas Target Model II

Position paper on the further development of the German gas market areas in the light of the Gas Target Model II Position paper on the further development of the German gas market areas in the light of the Gas Target Model II Leipzig/Paris, 22 nd of November 2016 Introduction The PEGAS platform, operated by the French

More information

At the Centre of European Energy Trading

At the Centre of European Energy Trading At the Centre of European Energy Trading connecting markets EEX the one-stop shop for energy trading and clearing Products & Services 236 24 trading participants from countries 1 USA 2 Finland 5 Norway

More information

Consolidated Management Report

Consolidated Management Report EEX Group Annual 2017 40 Brand Guest Contribution Corporate for the 2017 Financial Year 41 41 45 47 47 47 51 59 61 63 63 64 1. Basics regarding the Group Business activities and group structure Strategy

More information

Trayport Euro Commodities Report

Trayport Euro Commodities Report Trayport Euro Commodities Report Trayport Analysis Team February 2017 Legal disclaimer DISCLAIMER The content may not be copied, reprinted, published, transmitted, transferred, disseminated or distributed

More information

Auditor's report. Our audit has not led to any reservations

Auditor's report. Our audit has not led to any reservations Auditor's report We have audited the financial statements, comprising the balance sheet, the income statement and the notes to the financial statements, together with the bookkeeping system, and the management

More information

Auditor s Report. Our audit has not led to any reservations.

Auditor s Report. Our audit has not led to any reservations. Auditor s Report We have audited the annual financial statements, comprising the balance sheet, the income statement and the notes to the financial statements, together with the bookkeeping system, and

More information

Tax Refund Policies of Different Countries

Tax Refund Policies of Different Countries Remark: The following information is for reference only. Information is updated as of 16 May 2016 and provided by Transforex Currency Exchange Co., Ltd. ( TransForex ). Since the tax refund policy of different

More information

Info Workshop Central European Gas Hub. General Presentation of ECC

Info Workshop Central European Gas Hub. General Presentation of ECC Info Workshop Central European Gas Hub General Presentation of ECC Vienna, 6 th November 2012 AGENDA 1. About ECC 2. Clearing Process - Spot market 3. Connectivity, Software and Reporting 4. Risk Management

More information

Powernext Derivatives - Market Notices - September 28 th 2018

Powernext Derivatives - Market Notices - September 28 th 2018 Powernext Derivatives - Market Notices - September 28 th 2018 CONTENTS TABLE OF MARKET NOTICES... 2 POWERNEXT DERIVATIVES MARKET NOTICES... 7 APPLICATION DOCUMENTS... 8 PRICE COMMITTEE... 9 RULES OF CONDUCT

More information

EPEX SPOT Power for Today. Power for Tomorrow. Dr. Sandrine Wachon Tokyo I 29 January 2018

EPEX SPOT Power for Today. Power for Tomorrow. Dr. Sandrine Wachon Tokyo I 29 January 2018 資料 2-1 EPEX SPOT Power for Today. Power for Tomorrow. Dr. Sandrine Wachon Tokyo I 29 January 2018 EEX Group at a glance EEX Group is a group of specialised companies providing market platforms for energy

More information

BASREC WS, St. Petersburg, February 28 th, 2014 NORD POOL SPOT LEADING THE POWER MARKETS INTEGRATION

BASREC WS, St. Petersburg, February 28 th, 2014 NORD POOL SPOT LEADING THE POWER MARKETS INTEGRATION BASREC WS, St. Petersburg, February 28 th, 2014 NORD POOL SPOT LEADING THE POWER MARKETS INTEGRATION North Western Europe (NWE) FINLAND North Western Europe (NWE) NORWAY SWEDEN ESTONIA LATVIA RUSSIA DENMARK

More information

Tradition OTC Cleared Financial trading for the Romanian power

Tradition OTC Cleared Financial trading for the Romanian power Tradition OTC Cleared Financial trading for the Romanian power About Tradition Tradition A world leader in professional brokerage activities Compagnie Financière Tradition (CFT) is one of the world s top

More information

Settlement Pricing Procedure

Settlement Pricing Procedure Settlement Pricing Procedure The English version is for informal use only. Only the german version is legally binding. 22.01.2018 Leipzig Version 5.01 1. Table of Contents 1. Table of Contents 2 2. Preliminary

More information

Price Coupling of Regions PCR

Price Coupling of Regions PCR Supported by Europex Price Coupling of Regions PCR June 2010 Florence Forum Development of the Price Coupling of Regions (PCR) Initiative Markets initially included in PCR - 2860 TWh Markets which showed

More information

Liquidity Anders Plejdrup Houmøller CEO, Houmoller Consulting

Liquidity Anders Plejdrup Houmøller CEO, Houmoller Consulting Liquidity Anders Plejdrup Houmøller CEO, Houmoller Consulting At the three following slides, for EEX and Nasdaq OMX, the blue and the green curves illustrate the cleared volume: (contracts traded off-exchange

More information

CO 2 Markets. Maria Mansanet Bataller

CO 2 Markets. Maria Mansanet Bataller CO 2 Markets Maria Mansanet Bataller Motivation Climate Change Importance Increasingly Kyoto Protocol: International Response to Climate Change Flexibility Mechanisms EMISSIONS TRADING CARBON MARKETS The

More information

Broker Platforms for Electricity Trading. Executive Program in Trading Electrical Energy 10 th of May 2013, Belgrade

Broker Platforms for Electricity Trading. Executive Program in Trading Electrical Energy 10 th of May 2013, Belgrade Broker Platforms for Electricity Trading Executive Program in Trading Electrical Energy 10 th of May 2013, Belgrade Who are Tradition Tradition is one of the world s largest interdealer brokers in over-the-counter

More information

Cross-Border Intraday: Questions & Answers

Cross-Border Intraday: Questions & Answers Cross-Border Intraday: Questions & Answers 1. What is the Cross-Border Intraday initiative? The Cross-Border Intraday initiative (XBID Project) is a joint initiative by the Power Exchanges (PXs): APX/Belpex,

More information

Publishing date: 09/10/2017. We appreciate your feedback. Share this document

Publishing date: 09/10/2017. We appreciate your feedback. Share this document Publishing date: 09/10/2017 Document title: AGTM metrics 2016 - statistical compendium We appreciate your feedback Please click on the icon to take a 5 online survey and provide your feedback about this

More information

KELER Group Ownership Structure

KELER Group Ownership Structure The KELER Group KELER Group Ownership Structure Wiener Börse OeKB Others 50% 18% 32% 53.33% 46.67% 0.15% 99.72% 0.13% 2 3 KELER Group History Our Mission With competitive services provided KELER ensures

More information

Nord Pool. XBID webinar, May 2018

Nord Pool. XBID webinar, May 2018 Nord Pool XBID webinar, May 2018 Timeline 2 nd May: Member test starting 14 th to 18 th May: XBID common trial period 12 th JUNE XBID Go-live 2 Nord Pool intraday market areas Nord Pool markets, part of

More information

Settlement Pricing Procedure

Settlement Pricing Procedure Settlement Pricing Procedure The English version is for informal use only. Only the german version is legally binding. 25.10.2017 Leipzig Version 4.07 1. Table of Contents 1. Table of Contents 2 2. Preliminary

More information

SELECTED INTEREST & EXCHANGE RATES FOR MAJOR COUNTRIES & THE US.

SELECTED INTEREST & EXCHANGE RATES FOR MAJOR COUNTRIES & THE US. ?. /r\cuduol ^ February 3, 1971 No. 491 H-13 Divib^dh of Internet lorn el Fi twice Ewepe end British Commonwealth Section SELECTED INTEREST & EXCHANGE RATES FOR MAJOR COUNTRIES & THE US. WEEKLY SERIES

More information

14349/16 MP/SC/mvk 1 DG D 2B

14349/16 MP/SC/mvk 1 DG D 2B Council of the European Union Brussels, 15 November 2016 (OR. en) 14349/16 COPEN 336 EUROJUST 146 EJN 72 NOTE From: To: General Secretariat of the Council Delegations No. prev. doc.: 9638/15 Subject: Implementation

More information

Regional Spot Markets and Inter-Regional Market Coupling

Regional Spot Markets and Inter-Regional Market Coupling APEx conference in Boston 11-13 October 2009 Session 1 part 2: European Market Situations Regional Spot Markets and Inter-Regional Market Coupling 1. Intro to Nord Pool Spot and the Nordic PX & Market

More information

Open seasons between France and neighboring countries

Open seasons between France and neighboring countries 1 Open seasons between France and neighboring countries Content Assessment of the market needs ERGEG guidelines related to Open Seasons Open Seasons & improvements France Germany France Belgium France

More information

Clearing Circular 44/

Clearing Circular 44/ Clearing Circular 44/2017 2017-12-04 Transition of Non-MTF to OTF News Summary From 3 January 2018 onwards ECC will offer clearing services for EEX and PEGAS OTF market venues by of Non-MTF related products

More information

Info Session NWE Day-Ahead

Info Session NWE Day-Ahead Elia s European Market Design Work Group & Belpex Users Group Info Session NWE Day-Ahead Operational & contractual changes for Belgian wholesale market organization General overview NWE DAY-AHEAD PRICE

More information

European Spot Gas Markets Methodology. Methodology last updated: 3 November 2015

European Spot Gas Markets Methodology. Methodology last updated: 3 November 2015 European Spot Gas Markets Methodology Methodology last updated: 3 November 2015 Date of last formal methodology consultation: 16 February 2015 Expiry date for this methodology: 16 February 2017 List of

More information

Hedging prices and spot prices 1

Hedging prices and spot prices 1 Introduction In Appendix 1, you ll find slides giving examples of how the Closing Prices for financial contracts can change during the contracts trading period. In appendix 2, you ll find a list of the

More information

ICIS Energy Forum. Power and Carbon Markets. 1

ICIS Energy Forum. Power and Carbon Markets.   1 ICIS Energy Forum Power and Carbon Markets www.icis.com 1 Germany-Austria bidding zone split market impact? Irina Peltegova Editor EDEM +44 207 911 1975 irina.peltegova@icis.com Germany-Austria bidding

More information

Flash Eurobarometer N o 189a EU communication and the citizens. Analytical Report. Fieldwork: April 2008 Report: May 2008

Flash Eurobarometer N o 189a EU communication and the citizens. Analytical Report. Fieldwork: April 2008 Report: May 2008 Gallup Flash Eurobarometer N o 189a EU communication and the citizens Flash Eurobarometer European Commission Expectations of European citizens regarding the social reality in 20 years time Analytical

More information

Trayport Euro Commodities Market Dynamics Report

Trayport Euro Commodities Market Dynamics Report Trayport Euro Commodities Market Dynamics Report Trayport Analysis Team March 2015 Legal disclaimer DISCLAIMER The content may not be copied, reprinted, published, transmitted, transferred, disseminated

More information

Vattenfall Q results

Vattenfall Q results Vattenfall Q1 2012 results Øystein Løseth, CEO and Peter Smink, acting CFO Press Conference, 3 May 2012 Successful first quarter continued consolidation Vattenfall continues to deliver on its strategy:

More information

NWE Info Session. Operational & contractual changes for Dutch wholesale market organization

NWE Info Session. Operational & contractual changes for Dutch wholesale market organization NWE Info Session Operational & contractual changes for Dutch wholesale market organization General principles OPERATIONAL PRINCIPLES & POSSIBLE SCENARIOS Price Coupling Process General term for ATC and/or

More information

COMMISSION IMPLEMENTING DECISION. of XXX

COMMISSION IMPLEMENTING DECISION. of XXX EUROPEAN COMMISSION Brussels, XXX [ ](2013) XXX draft COMMISSION IMPLEMENTING DECISION of XXX approving information and promotion programmes for agricultural products on the internal market and in third

More information

Contract Specifications

Contract Specifications Trading Appendix 2 / Clearing Appendix 2 Contract Specifications Commodity Derivatives Issued by Nasdaq Oslo ASA and Nasdaq Clearing AB Effective Date: Day27021 MonthJuneNovember 2016 INDEX PART A General

More information

PEGAS Trader Workshop Germany Market Developments and Product Initiatives

PEGAS Trader Workshop Germany Market Developments and Product Initiatives PEGAS Trader Workshop Germany Market Developments and Product Initiatives Roman Zyuzev, Sirko Beidatsch 16/11/217, Berlin Legal disclaimer This presentation does not provide or substitute legal advice.

More information

4MC Czech Republic, Slovakia, Hungary and Romania

4MC Czech Republic, Slovakia, Hungary and Romania ROMANIAN REGULATORY AUTHORITY FOR ENERGY () 4MC Czech Republic, Slovakia, Hungary and Romania European Background In 2011, the European Union Council and Transport Telecommunications and Energy Council

More information

Electricity Markets. Prof. Dr. G. Erdmann Fachgebiet Energiesysteme / TU Berlin Einsteinufer 25 / TA 8 (Room TA 033) D Berlin

Electricity Markets. Prof. Dr. G. Erdmann Fachgebiet Energiesysteme / TU Berlin Einsteinufer 25 / TA 8 (Room TA 033) D Berlin 1 Energy Economics: Electricity Markets Prof. Dr. G. Erdmann Fachgebiet Energiesysteme / TU Berlin Einsteinufer 25 / TA 8 (Room TA 033) D-10587 Berlin georg.erdmann@tu-berlin.de Internet: http://www.ensys.tu-berlin.de

More information

European Federation of Energy Traders. European Gas Hub Development

European Federation of Energy Traders. European Gas Hub Development European Federation of Energy Traders European Gas Hub Development 1 Disclaimer The results here are based on the views of EFET members, exercising all reasonable care to determine the best practice model

More information

Public data underlying the figures of Annual Report on the Results of Monitoring the Internal Electricity and Natural Gas Markets in 2013

Public data underlying the figures of Annual Report on the Results of Monitoring the Internal Electricity and Natural Gas Markets in 2013 Public data underlying the figures of Annual Report on the Results of Monitoring the Internal Electricity and Natural Gas Markets in 2013 October 2014 Legal notice This document is a joint publication

More information

Winter Academy 2018 Trading, Sales and Financing in the European Energy Market and Industry Functioning of the European Power Exchange

Winter Academy 2018 Trading, Sales and Financing in the European Energy Market and Industry Functioning of the European Power Exchange Winter Academy 2018 Trading, Sales and Financing in the European Energy Market and Industry Functioning of the European Power Exchange Patrick Adigbli, Head of Public & Regulatory Affairs, EPEX SPOT 1

More information

Connecting European Energy Markets. Warsaw Power Ring, 5th December 2007 Maik Neubauer, COO - European Energy Exchange

Connecting European Energy Markets. Warsaw Power Ring, 5th December 2007 Maik Neubauer, COO - European Energy Exchange Connecting European Energy Markets Warsaw Power Ring, 5th December 2007 Maik Neubauer, COO - European Energy Exchange 1 Agenda 1 Introduction to EEX 2 The European Energy Market 3 Market coupling in practice

More information

GásNatural UmMercado emmovimento

GásNatural UmMercado emmovimento GásNatural UmMercado emmovimento AGN. Lisboa November 2018 1 TheEvolution Data fromjanuary1st October31th 2018 THE IBERIAN ORGANIZED GAS MARKET REGISTERED AND ACTIVE PARTICIPANTS Data fromjanuary1st October31th

More information

Gaspoint Nordic A/S. Nordic Gas Exchange. Introduction to the. Updated Q1 2016

Gaspoint Nordic A/S. Nordic Gas Exchange. Introduction to the. Updated Q1 2016 Gaspoint Nordic A/S Introduction to the Nordic Gas Exchange Updated Q1 2016 Introducing Gaspoint Nordic The slide package contain info on the following topics Introduction to the Nordic Gas Exchange slides

More information

CONTENTS CONTRACT SPECIFICATIONS FOR INSTRUMENTS FO WHICH THE CO-OPERATING EXCHANGE IS THE PRIMARY EXCHANGE

CONTENTS CONTRACT SPECIFICATIONS FOR INSTRUMENTS FO WHICH THE CO-OPERATING EXCHANGE IS THE PRIMARY EXCHANGE CONTENTS 3A CONTRACT SPECIFICATIONS FOR INSTRUMENTS FO WHICH THE CO-OPERATING EXCHANGE IS THE PRIMARY EXCHANGE Part A 3A.1 Application... 4 3.A2 Determination of Contract Base Fix... 4 3A.3 Contract Events...

More information

Table of Contents. Part 1 General Section

Table of Contents. Part 1 General Section About the Editor Foreword v XV Part 1 General Section About this Guide 1-3 Background to the VAT in Europe 2-1 A. Principles of the VAT 2-2 B. VAT in the European Community 2-4 C. The European Union and

More information

Design of the gas hubs & exchanges and evolution on the example of the Central European Gas Hub

Design of the gas hubs & exchanges and evolution on the example of the Central European Gas Hub Design of the gas hubs & exchanges and evolution on the example of the Central European Gas Hub Stefan PHILIPP Dipl.-Wirt.-ing. (FH) Central European Gas Hub AG This presentation including its content

More information

Learn more about Thresholds

Learn more about Thresholds Learn more about Thresholds VAT registration: Threshold VAT registration thresholds 1.1. Overview of local VAT threshold Local VAT registration thresholds were designed to reduce the administrative burden

More information

EXPATRIATE TAX GUIDE. Taxation of income from employment in the EU & EEA

EXPATRIATE TAX GUIDE. Taxation of income from employment in the EU & EEA EXPATRIATE TAX GUIDE Taxation of income from employment in the EU & EEA Poland 2016 CONTENTS* 2 Austria 4 Belgium 6 Bulgaria 8 Croatia 10 Cyprus 12 Czech Republic 14 Denmark 16 Estonia 18 Finland 20 France

More information

BALANCE OF PAYMENTS WORKING GROUP

BALANCE OF PAYMENTS WORKING GROUP EUROPEAN COMMISSION EUROSTAT Directorate C National accounts, prices and key indicators Unit C2 National and regional accounts production. Balance of Payments 15 October 2013 BP/13/44 BALANCE OF PAYMENTS

More information

Form E 104 and Comprehensive Sickness Insurance Version 1.0: 11 March 2018

Form E 104 and Comprehensive Sickness Insurance Version 1.0: 11 March 2018 Practice Note on Residence Rights in the EU and EEA Form E 104 and Comprehensive Sickness Insurance Version 1.0: 11 March 2018 The purpose of this practice note is to confirm that Form E 104 should be

More information

13 th February th February 2017 Page 1 of 7

13 th February th February 2017 Page 1 of 7 Intraday Coupling Model proposal for Italian Borders in accordance with Article 63 of the Commission Regulation (EU) 2015/1222 of 24 July 2015 establishing a Guideline on Capacity Allocation and Congestion

More information

Trayport Euro Commodities Market Dynamics Report

Trayport Euro Commodities Market Dynamics Report Trayport Euro Commodities Market Dynamics Report Trayport Analysis Team October 2014 Legal disclaimer DISCLAIMER The content may not be copied, reprinted, published, transmitted, transferred, disseminated

More information

Current State of Intraday Markets in Europe May 2007

Current State of Intraday Markets in Europe May 2007 Current State of Intraday Markets in Europe May 2007 ETSO Report: Current State of Intraday Markets in Europe Page 1 of 18 Contents 1. Introduction... 3 1.1 Objective and scope of this report... 3 2. Intraday

More information

Gaspoint Nordic A/S. Nordic Gas Exchange. Introduction to the. Updated 1 st quarter 2015

Gaspoint Nordic A/S. Nordic Gas Exchange. Introduction to the. Updated 1 st quarter 2015 Gaspoint Nordic A/S Introduction to the Nordic Gas Exchange Updated 1 st quarter 2015 Introducing Gaspoint Nordic Company Background Established in 2008, first trade March 4th Strong ownership - With effect

More information

MARKET REPORT. August 2011

MARKET REPORT.     August 2011 ust MARKET REPORT Highlights physical markets ust : POWER: Nord Pool Spot market share of Nordic consumption was 72.6 per cent in ust. The total Nordic preliminary consumption for ust was 26.8 TWh compared

More information

Public reporting for. Tax treaties Harmful tax practices Global solutions

Public reporting for. Tax treaties Harmful tax practices Global solutions European Parliament European Commission Ownership transparency The European Parliament is advocating for public registers of of companies, as well as all trusts and similar legal structures in the EU In

More information

Vattenfall Q1 results 2010

Vattenfall Q1 results 2010 Vattenfall Q1 results 2010 Presentations by Øystein Løseth, CEO and Dag Andresen, CFO Agenda CEO Øystein Løseth: Financial highlights Generation volumes Market price development Important events CFO Dag

More information

Eligibility? Activities covered? Clients covered? Application or notification required? N/A N/A N/A N/A N/A N/A N/A

Eligibility? Activities covered? Clients covered? Application or notification required? N/A N/A N/A N/A N/A N/A N/A NO DEAL BREXIT TRACKER Governments in European Economic Area (EEA) member states are announcing domestic measures in order to prepare for the UK's withdrawal from the EEA. The table below monitors these

More information

Contract Specifications

Contract Specifications Trading Appendix 2 / Clearing Appendix 2 Contract Specifications Commodity Derivatives Issued by Nasdaq Oslo ASA and Nasdaq Clearing AB Effective Date: 16 October 2017 INDEX PART A General Provisions...

More information

Intraday Cross Border The Netherlands-Belgium

Intraday Cross Border The Netherlands-Belgium Intraday Cross Border The Netherlands-Belgium Content 1. Overall design 1. Process description 2. Capacity calculation 3. Elbas trading platform 4. Tradable products 5. Timeline & Nominations 2. Contractual

More information

ECC-Net: Travel App. A new mobile application for European consumers when travelling abroad

ECC-Net: Travel App. A new mobile application for European consumers when travelling abroad 1 ECC-Net: Travel App A new mobile application for European consumers when travelling abroad A joint project of the European Consumer Centres Network ------------------------------------------------------

More information

EUROPEAN GAS MARKET OUTLOOKS

EUROPEAN GAS MARKET OUTLOOKS OUTLOOK EUROPEAN GAS MARKET OUTLOOKS 2016 Regions covered include: l UK l Germany l The Netherlands l Italy l France l Spain l The Nordic region l Czech Republic l Austria l Hungary l Poland l Ukraine

More information

Below are the current active months, active strike prices, and their codes for FINISAR CORPORATION (NEW)

Below are the current active months, active strike prices, and their codes for FINISAR CORPORATION (NEW) CBOE Research Circular #RS09-555 DATE: December 4, 2009 TO: Members RE: New Listings On 12/7/2009 the CBOE will begin trading options on the following equity securities. CBOE will trade in all existing

More information

SECTION A APPENDIX J - COST-OF-LIVING INDEXES: FROM TO LOCALITIES 116 N/C 012, 999

SECTION A APPENDIX J - COST-OF-LIVING INDEXES: FROM TO LOCALITIES 116 N/C 012, 999 THIS MESSAGE CONSTITUTES OFFICIAL NOTIFICATION OF BI-MONTHLY STATION ALLOWANCE REVIEWS EFFECTIVE 16 JANUARY 2011, FOR THE FOLLOWING COUNTRIES: ARGENTINA, AUSTRALIA, AUSTRIA, BELGIUM, BENIN, BOSNIA- HERZEGOVINA,

More information

Pan-European opinion poll on occupational safety and health

Pan-European opinion poll on occupational safety and health REPORT Pan-European opinion poll on occupational safety and health Results across 36 European countries Final report Conducted by Ipsos MORI Social Research Institute at the request of the European Agency

More information

December 2010 Euro area annual inflation up to 2.2% EU up to 2.6%

December 2010 Euro area annual inflation up to 2.2% EU up to 2.6% STAT/11/9 14 January 2011 December 2010 Euro area annual inflation up to 2.2% EU up to 2.6% Euro area 1 annual inflation was 2.2% in December 2010 2, up from 1.9% in November. A year earlier the rate was

More information

COMMISSION DECISION of 23 April 2012 on the second set of common safety targets as regards the rail system (notified under document C(2012) 2084)

COMMISSION DECISION of 23 April 2012 on the second set of common safety targets as regards the rail system (notified under document C(2012) 2084) 27.4.2012 Official Journal of the European Union L 115/27 COMMISSION DECISION of 23 April 2012 on the second set of common safety targets as regards the rail system (notified under document C(2012) 2084)

More information

ANNEX. to the Commission decision on the reimbursement of personnel costs of beneficiaries of the Connecting Europe Facility

ANNEX. to the Commission decision on the reimbursement of personnel costs of beneficiaries of the Connecting Europe Facility EUROPEAN COMMISSION Brussels, 3.2.2016 C(2016) 478 final ANNEX 1 ANNEX to the Commission decision on the reimbursement of personnel costs of beneficiaries of the Connecting Europe Facility [ ] EN EN ANNEX

More information

Vattenfall Q1 results 2009

Vattenfall Q1 results 2009 Vattenfall Q1 results 2009 Presentations by Lars G. Josefsson, CEO and Dag Andresen, CFO Agenda 2 CEO Lars G. Josefsson: Financial highlights Generation volumes Market and price development Other important

More information

Vattenfall Full Year results 2009

Vattenfall Full Year results 2009 Vattenfall Full Year results 2009 Presentations by Lars G. Josefsson, CEO and Dag Andresen, CFO Agenda CEO Lars G. Josefsson: CFO Dag Andresen: 2009 highlights Financial highlights Generation volumes Electricity

More information

EPEX SPOT Price List 1

EPEX SPOT Price List 1 EPEX SPOT Price List 1 Membership Fees are based on the following Categories 2 : Entrance Fees Annual Fees Technical Fees Trading Fees Charged at admission only Charged every year Charged depending on

More information

Market integration: the Dutch- Belgian French market and beyond

Market integration: the Dutch- Belgian French market and beyond Market integration: the Dutch- Belgian French market and beyond 7th Cambridge MIT electricity policy conference London, 28 September 2007 Bert den Ouden, CEO, APX Group b.denouden@apxgroup.com Agenda Introduction

More information

Trayport Euro Commodities Market Dynamics Report

Trayport Euro Commodities Market Dynamics Report Trayport Euro Commodities Market Dynamics Report Trayport Analysis Team December 2014 Legal disclaimer DISCLAIMER The content may not be copied, reprinted, published, transmitted, transferred, disseminated

More information

May 2009 Euro area annual inflation down to 0.0% EU down to 0.7%

May 2009 Euro area annual inflation down to 0.0% EU down to 0.7% STAT/09/88 16 June 2009 May 2009 Euro area annual inflation down to 0.0% EU down to 0.7% Euro area 1 annual inflation was 0.0% in May 2009 2, down from 0.6% in April. A year earlier the rate was 3.7%.

More information

Ukrainian Energy Exchange

Ukrainian Energy Exchange Ukrainian Energy Exchange Development of the Ukrainian Energy Exchange for gas trading according to European standards www.ueex.com.ua Ukrainian Energy Forum 2018, Kyiv, Ukraine Ukrainian Energy Exchange

More information

MIBEL MONTHLY INFORMATION OCTOBER Board of Regulators

MIBEL MONTHLY INFORMATION OCTOBER Board of Regulators MIBEL MONTHLY INFORMATION OCTOBER 215 Board of Regulators HIGHLIGHTS OF THE MONTH October215 The arithmetic mean price of the month was 49,9 /MWh in the Spanish bidding area and 49,89 /MWh in the Portuguese

More information

Electricity market in the. Simon-Erik Ollus Baltic Energy Forum, Vilnius 20 November 2014

Electricity market in the. Simon-Erik Ollus Baltic Energy Forum, Vilnius 20 November 2014 Electricity market in the Baltic Sea area today Simon-Erik Ollus Baltic Energy Forum, Vilnius 20 November 2014 Disclaimer This presentation does not constitute an invitation to underwrite, subscribe for,

More information

EEX OTF Contract Specifications

EEX OTF Contract Specifications EEX OTF Contract Specifications 03.01.2018 Leipzig Version The English version is for informal use only. Only the German version is legally binding. Table of contents A. Subject of the Contract and Underlying

More information

Managing Temperature Driven Volume Risks

Managing Temperature Driven Volume Risks Managing Temperature Driven Volume Risks Pascal Heider (*) E.ON Global Commodities SE 21. January 2015 (*) joint work with Laura Cucu, Rainer Döttling, Samuel Maina Contents 1 Introduction 2 Model 3 Calibration

More information

Trading at French PEGs. EFET workshop on Spanish Gas Hub - 23 July 2008

Trading at French PEGs. EFET workshop on Spanish Gas Hub - 23 July 2008 Trading at French PEGs EFET workshop on Spanish Gas Hub - 23 July 2008 Agenda GRTgaz project for the French market At the heart of the European market How can TSOs make a difference? The Basics Latest

More information

Vattenfall Q3 and 9M 2012 results

Vattenfall Q3 and 9M 2012 results Vattenfall Q3 and 9M 2012 results Øystein Løseth, CEO and Ingrid Bonde, CFO Conference Call, 30 October 2012 Q3 Highlights (1) Underlying operating profit SEK 1.3 bn below last year - 12% higher production

More information