NWE electricity market coupling launch pushed back to 4 February
The launch of the North-Western European (NWE) day-ahead market coupling project, which was previously expected on 26 November, has been pushed back to 4 February next year, according to the project partners.
The delay was revealed at the European Commission-organised Electricity Regulation Forum, known as the Florence Forum, on Wednesday morning.
According to information provided by a spokesman for Nord Pool Spot, one of the exchanges involved in the project, it has “put severe acceptance criteria” on system stability and operational readiness. The final version of the IT systems have been delivered but one more round of testing will be needed to assure stability, it said.
Stabilisation of systems will now take approximately 14 days, according to a presentation delivered at the Florence Forum by the project chairs.
Final versions of systems must perform “in a stable way” for a minimum of four weeks before the launch of the project, which means the 26 November date is too close. No information was given regarding the current state of testing.
One UK-based market source indicated that instructions had been handed down to meet the November date.
The exchanges “gave the impression that there was a lot of pressure to get it through”, he said. “Given the time they have had to get it into line, it’s really bad that they can’t get themselves lined up,” he added.
Alternative dates in 2013 were not considered viable because of the Christmas holidays, which means the launch preparation will start immediately after the holidays, with the new target launch date set for 4 February.
Even this delayed date, however, is still subject to further confirmation which is expected before Christmas.
The price coupling project will bring together the already coupled central and western European day-ahead markets of France, Germany, Belgium, the Netherlands and Luxembourg, with Denmark, Estonia, Finland, Austria, the UK, Latvia, Lithuania, Sweden and Norway ( see EDEM 12 November 2013 ). Beatrice Mavroleon
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