2018
10/01
The operator of the energy exchange introduces transactions for partial prepayment for biomass and accumulation of biomass (hereinafter partial prepayment transactions) from 25 September 2018. A key condition of the partial prepayment transaction is a partial prepayment and, accordingly, advance accumulation of biomass. Trade under these transactions will be carried out in the “Non-standard trade” section. The main conditions of transactions for partial prepayment for biomass and accumulation of biomass are as follows: Partial prepayment transactions may be concluded for biomass
2017
10/05
The Operator of the Energy Exchange includes a biomass reserve product for trading in the Exchange. Under Article 29 of the Law on Energy, this product can be considered the reserves of energy sources. The principles of trade in biomass reserve products have been set out in the Rules on Trade in Biomass Reserve Products approved by the Operator. The rules set out: participants will be able to conclude contracts in the Exchange, accumulate reserve stocks of wood chips and
2017
09/25
Starting from 25 September, 2017 new wording of 9.7 and 9.12 paragraphs of Typical Conditions of Supply of Biomass come into force. You can get familiar with the Typical Conditions of Supply of Biomass here: Typical Conditions of Supply of Biomass
2017
07/13
Please be informed that the new version of Solid Biomass Accounting Rules came into force from 5 July 2017, amended by the Order No. 1-156 of the Minister of Energy of Lithuania of 19 June 2017. Considering the changes made in the Rules, the operator of the Energy Exchange amended the Typical Conditions of Supply of Biomass by the Order No. IS-170035 of 7 July 2017. You can get familiar with the Typical Conditions of Supply of Biomass is here
2017
04/27
Starting from 27 April, 2017 new wording of Conditions of Trade in Biomass Products shall come into force. The changes are editorial thus they will not impose additional rights and (or) obligations to the participants of biomass exchange. You can get familiar with the Conditions of Trade in Biomass Products here: Conditions of Trade in Biomass Products
2017
04/24
Whereas not only biofuel products but also fuel peat products can be traded in BALTPOOL Energy Resources Exchange Standard Provisions of Biofuel Purchase and Sale Contract have been amended respectively, as well as other editorial changes have been made. New version of Standard Provisions of Fuel Purchase and Sale Contract shall be applied in respect of all biofuel as well as fuel peat product purchase and sale contracts concluded in the Exchange since 25th April 2017 (inclusively). You can get
2017
03/31
Please be informed that having analysed the needs of the market, the Energy Resources Exchange Operator BALTPOOL UAB has passed a decision to start category C buyer registration since 03-04-2017. Therefore, Rules for Placing Participants into Categories, Conditions of Trade in Biomass Products and a Energy Exchange Participant Questionnaire (Buyer) have been respectively amended and come into force since 03-04-2017. Buyers shall be prescribed with a C category if they satisfy requirements raised for category B or category C sellers. Trade
2016
12/23
Please be informed that updated wood chips specifications will come into force on 1 January 2017. The specifications were updated mainly by changing fractions size requirements and introducing table of materials which may be used for wood chips production. We hope that the updated specifications will be clearer to all participants. Please find attached accordingly amended Conditions of Trade in Biomass Products. Should you have any questions – please do not hesitate to contact us. Yours sincerely BALTPOOL Energy Exchange
2016
11/22
We would like to inform you that, pursuant to clauses 7.1 and 7.5 of the Conditions of Trade in Biomass Products, participants of categories B, C and D that buy biomass during the heating season under half-year and one-quarter contracts must accumulate a reserve amount of biomass of 5% of the undelivered quantity under the said contracts. BALTPOOL, the operator of the exchange, has created, in the ETS, functionality for declaring the reserve amounts. Further information is provided in the