The new 15-minute day-ahead auctions went live this week, marking one of the most significant changes in the European power market to date.
In this episode - recorded 48 hours after the first auction - Richard reviews the launch with senior commentators from power exchange Nord Pool, Energy Traders Europe, and Montel Analytics.
They discuss how market participants across Europe have fared under the switch to this new time resolution and why many expect market prices to continue to be volatile amid the complex new granularity.
What does the data on trade volumes from the first 48 hours tell us, and who is the new mechanism is likely to attract?
Host: Richard Sverrisson - Editor-in-Chief, Montel News
Contributor: Gert Ove Mollestad - Norway Editor, Montel News
Guests:
Hans Randen - Executive Vice President for Public Affairs, Nord Pool
Jerome Le Page - Chair of the Electricity Committee, Energy Traders Europe
Jean-Paul Harreman - Director, Montel Analytics
Editors: Oscar Birk
Producer: Sarah Knowles
