Elspot's technical price limit changed This autumn, Nord Pool and the system operators Statnett, Svenska Kraftn t, Fingrid, Eltra, and Elkraft System held several meetings on how to prevent and manage power shortages. Nord Pool emphasizes that there is no price ceiling, as such, for Elspot trade. The price limit in effect is merely a technical limit that may be changed from day to day.
Participants decide the price at which a balance between purchases and sales is reached.
Nord Pool recommends that producers make it a regular practice to post orders for all actual production possibilities to Elspot. In addition Nord Pool recommends that all customers able to reduce consumption, also notify these reduction possibilities to Elspot. This can be done by using block bids, where the participants have the possibility to set the price and volume.