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Dutch issue delays publication of EU spot power prices


26 May 2023 11:13

26 May 2023 11:13

(Montel) The publication of European spot power prices for Saturday has been postponed after initial results for the Netherlands gave prices below the threshold that triggers a second auction, said power exchange Nord Pool.

Power market operators, known as Nemos, reopened order books for 15 minutes from 12:55 CET to conduct a second auction, it added.

Nemos are required to organise a second auction if initial results show prices below EUR -150/MWh or above EUR 2,400/MWh. Prices are capped at EUR 4,000/MWh and EUR -500/MWh.

A similar issue led to a spot delay on 18 April.

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