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EPEX SPOT Switches Day-Ahead Power Prices to 15-Minute Intervals

The change aims to align prices with variable renewable generation for more precise load shifting.

Overview

  • From October 1, the EU-mandated shift replaces hourly settlement with 96 quarter-hour prices per day on the Day-Ahead market.
  • The first auction using quarter-hour contracts ran on September 30 for delivery on October 1.
  • EPEX SPOT will continue to accept bids in 60-minute granularity to ease the transition for market participants.
  • Savings are most accessible to customers on dynamic tariffs with smart meters and flexible loads such as EVs or heat pumps.
  • Consumer advocates in Bavaria urge caution over price volatility and bundled hardware offers, while providers like Tibber update apps to reflect 15- and 60-minute views.