June 05, 2024 10:24 GMT
Norway Eyes Intraday Auctions on 1.4GW Norway-UK Link
POWER
Norwegian TSO Statnett is planning to hold one or two daily intraday auctions on the 1.4GW Norway-UK NSL amid a rise of imbalances on the day-ahead clearing caused by unregulated power production, the TSO said, cited by Montel.
- Statnett will follow the design of European intraday auctions – that will launch on 13 June – and plans to start them in the near future.
- If the demand is high TSO will suggest several intraday auctions, but Statnett has not considered a solution for continuous trading.
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