HUPX introduces 15-minutes lead time on IDM
As a result of combined efforts of MAVIR, ECC and HUPX, HUPX will decrease the lead time on its Intraday market from 1st of July 2021.
The new lead time will be 15 minutes, which means that after XBID borders close 60 minutes before delivery, 45 minutes will remain to trade on the local level.
Since it is essential to ensure that trading and delivery are realized the closest possible to each other in time, HUPX has been continuously working on shortening the lead time, which has arrived to its 3rd and biggest ever step, bringing it near to real-time. As a result, the Hungarian power market will see higher effectivity, flexibility and growing traded volumes.