Lysaker, 26 October 2011

N2EX has introduced a fee reduction for the month of December 2011 for members trading in the day-ahead auction. The fee reduction is to recognize the initiative taken by our members this year. Since its launch in January 2010, N2EX has continued to attract new memberships and volumes into the UK power market.

From 1 December until 31 December 2011, N2EX will reduce its variable fee for trading in the day-ahead auction  from 0.024 GBP/MWh to 0.01 GBP/MWh, resulting in almost a 60% reduction in variable trading fees.

“In recent weeks we have seen a significant growth in volume on the day-ahead auction and as we look to offer new products and incentives over the coming years, it is important for us to recognize the contribution our members make to ensure the success of the market,” says Stina Johansen, Communications Manager Nord Pool Spot.

Ends --

The website www.n2ex.com provides market information and documentation for the UK power market.