On 19.8.2010 Borzen, organizator trga z električno energijo, d. o. o.
acquired 66% share in BSP Regionalna Energetska Borza d. o. o from Eurex Frankfurt AG and became a sole owner of the company Regionalna Energetska Borza d. o. o..

Company Edelweiss Energia S.p. A. decided to upgrade its membership on BSP SouthPool with market and clearing participations.

The company will henceforth – as the 22^nd participant of the Slovenian electricity day-ahead market – actively participate in Slovenian market. 

Elektro Gorenjska became a new member of BSP SouthPool. As member of BSP exchange Elektro Gorenjska is not market participant on any market so far. 

BSP regional energy exchange has 29 members at the moment:  B-P Energia Szolgalatato, Borzen, Danske commodities, Edelweiss, Electrabel, Elektro Slovenija, Edison Trading, EGL, Elektro Gorenjska, Elektro Celje, Elektro Ljubljana, Elektro Maribor, Elektro Primorska, Elektro prodaja, E.ON Energy Trading, Enel Trading, Energy financing team, EVN Trading South East Europe, Ezpada, Gen-I, Holding Slovenske elektrarne, IMC Energy Trading , Interenergo, Petrol energetika, Rudnap Group, Statkraft Markets, Termoelektrarna toplarna Ljubljana, Tradition Financial Services (TFS) and Verbund.

Management changes at BSP SouthPool – Establishment of relevant reliable price index for the Slovenian market

As of June 1st 2010 the Acting General Manager of BSP Regional Energy Exchange is Mr. Gorazd Ažman. He was appointed to the position by the company’s Supervisory Board. Gorazd Ažman has many years of experience in the energy sector, especially in power trading. He has been employed within the BSP SouthPool as Technical director and Procurator since March 2009, before he was Head of Business Development at the Gen-I, trading company, and Trading, Supervision and Analysis Manager at the Slovenian electricity market operator Borzen. 

The trading activity on BSP SouthPool greatly increased in spring 2010, which resulted in the formulation of the relevant reliable price index for each hour for the Slovenian market. This is a significant contribution to the transparency of the electricity market in Slovenia. In May 2010, the trading volume on the BSP Regional Energy Exchange reached 12,676 MWh. 

BSP SouthPool currently has 28 members: besides all major Slovenian electricity companies also some important large European energy players (GDF Suez (Electrabel), E.ON, EGL, Enel ..). Currently two members took over the role of market makers on the BSP SouthPool (HSE and Gen-I) and two the role of liquidity providers (Borzen, Slovenian electricity market operator and Eles, transmission network system operator in Slovenia).

Borzen became a member of BSP SouthPool – On the exchange they intend to sell energy from Centre for RES / CHP support

Borzen, Slovenian power market operator, became an exchange member of the BSP Regional Energy Exchange.  BSP Energy Exchange enables Borzen to sell certain volumes of electricity derived from the CP activities (Centre for RES/CHP support) on efficient and transparent way on daily basis. CP administers the electricity feed-in support scheme for RES (renewable energy sourcer) and CHP (high-efficiency cogeneration) power plants in Slovenia. 

BSP SouthPool welcomes greater Borzen’s involvement at the exchange and expects their activity will further lead to improved liquidity and relevant reliable price index on the Slovenian market.

Ezpada became a new member of BSP SouthPool.  As member of BSP exchange Ezpada will participate on the Slovenian Day-Ahead Market as well as on Serbian Day-Ahead Market.


BSP regional energy exchange has 27 members:  B-P Energia Szolgalatato, Danske commodities, Edelweiss, Electrabel, Elektro Slovenija, Edison Trading, EGL, Elektro Celje, Elektro Ljubljana, Elektro Maribor, Elektro Primorska, Elektro prodaja, E.ON Energy Trading, Enel Trading, Energy financing team, EVN Trading South East Europe, Ezpada, Gen-I, Holding Slovenske elektrarne, IMC Energy Trading , Interenergo, Petrol energetika, Rudnap Group, Statkraft Markets, Termoelektrarna toplarna Ljubljana, Tradition Financial Services (TFS) and Verbund.

ELES became a member of BSP SouthPool – On the exchange they intend to buy energy for covering its grid-losses – More activity on exchange in May 2010 

Elektro-Slovenija d.o.o. (ELES) became an exchange member of the BSP Regional Energy Exchange. Their active market participation is expected in the beginning of May 2010.  BSP Energy Exchange enables ELES to procure certain volumes of electricity to balance its grid-losses portfolio on more efficient and transparent way on daily basis.

In the year 2010 ELES started to cover the part of its grid-losses by purchasing electricity from its partners on the daily bases. Representatives of ELES said: “For ELES, the membership on the BSP exchange is just one of the steps in achieving even more transparent and more effective energy purchase of its grid-losses and the balancing of the network system. With our activities on the BSP SouthPool we aim to optimize our costs in purchasing of the electricity and to support the growth of the liquidity on the energy exchange.” 

BSP SouthPool welcomes greater ELES’s involvement at the exchange and expects increased activity by the other market participants, leading to improved liquidity and relevant reliable price index for the Slovenian market.

IMC Energy Trading became a new member of BSP SouthPool.  As member of BSP exchange IMC Energy Trading will participate on the Slovenian Day-Ahead Market. 

BSP regional energy exchange has 25 members:  B-P Energia Szolgalatato, Danske commodities, Edelweiss, Electrabel, Edison Trading, EGL, Elektro Celje, Elektro Ljubljana, Elektro Maribor, Elektro Primorska, Elektro prodaja, E.ON Energy Trading, Enel Trading, Energy financing team, EVN Trading South East Europe , Gen-I, Holding Slovenske elektrarne, IMC Energy Trading, Interenergo, Petrol energetika, Rudnap Group, Statkraft Markets, Termoelektrarna toplarna Ljubljana, Tradition Financial Services (TFS)  and Verbund.

HSE started on 15 March as the first market maker on the hourly auctions at BSP SouthPool in order to facilitate transparency of the Slovenian market 

As of 15 March HSE is the first regional trader to sign and actively perform commitments under market making agreement on the Slovenian market at BSP SouthPool. In performing its role of market maker it chose the hourly auctions as the most efficient way of assuring transparent and reliable price index for the Slovenian market.

HSE committed to place buy and sell orders for substantial quantities of individual hourly products in the auction trading system every day. “We expect our engagement in the auctions to facilitate further development of the Slovenian market and its increased transparency, providing advantages to all market participants – to the trading community and to consumers,” said Mr Tomaž Štokelj, Executive Manager Sales & Trading Division at HSE. BSP SouthPool welcomes greater HSE’s involvement at the exchange and expects increased activity by the other market participants, leading to improved liquidity and relevant reliable price index for the Slovenian market.

New sessions’ times at auction trading are the answer to traders’ needs – HSE and GEN-I: the first two market makers at auction trading on Slovenian market - More liquidity and transparency expected

In order to adjust BSP SouthPool Slovenian day-ahead market session' times to other trading activities on Slovenian energy market BSP SouthPool introduced new sessions' times. Changes were immediately well accepted among traders: HSE and GEN-I have already sign a market maker agreement at auction trading on Slovenian market at BSP SouthPool.
With 15th March 2010 sessions' times on the Slovenian day-ahead market are changed. Auction Session Call Phase is prolonged for 15 minutes (until 8:45) and Continuous Session is prolonged for 2 hours (until 12:00). 

New auctions’ times offers traders many benefits: market position optimisation, lower risks, less technical/human resources involved in the trading process. 

Based on new changes in place HSE and GEN-I are first two market participants extending their market participation contract with market maker agreement. HSE and GEN-I will act as market makers on the Slovenian market and will place buy and sell orders in the trading system on a daily basis, thereby insuring basic liquidity. Therefore we expect that new sessions’ times will bring more liquidity to the market, establish relevant price indices and increase market transparency.

From 5th March 2010 JP Elektroprivreda Srbija (EPS) became, without being an exchange member, an observer paricipant at BSP SouthPool and was granted access to Market Monitoring of Slovenian day-ahead market and Serbian day-ahead market.

Tradition Financial Services (TFS) Ltd., London became a new member of BSP SouthPool. As member of BSP exchange TFS is not market participant on any market so far. 

BSP regional energy exchange has 24 members:  B-P Energia Szolgalatato, Danske commodities, Edelweiss, Electrabel, Edison Trading, EGL, Elektro Celje, Elektro Ljubljana, Elektro Maribor, Elektro Primorska, Elektro prodaja, E.ON Energy Trading, Enel Trading, Energy financing team, EVN Trading South East Europe , Gen-I, Holding Slovenske elektrarne, Interenergo, Petrol energetika, Rudnap Group, Statkraft Markets, Termoelektrarna toplarna Ljubljana, Tradition Financial Services (TFS)  and Verbund.

 


BSP SouthPool kindly awaits you at this year’s E-World (Essen, Germany). 

Come and visit us between 9th and 11th of February at our booth no. 117 in Hall 1.

The most important public event where BSP regularly presents itself is the annual E World fair in Essen, Germany. We have been actively presenting ourselves at the fair since 2007 (the first time as Borzen). The E-world is known as one of most important energy fairs in Europe.  According to organizers, 480 exhibitors from 30 countries will present their companies this year and more than 16.800 visitors will visit the fair.

We are looking forward to meet you at E- World 2010.