Nord Pool this year celebrates its 25th anniversary. Looking back, we are proud to have shaped the market and it provides great motivation for the opportunities and challenges ahead.
Nord Pool announce plans to bring power market competition to Ireland. A new Clearing and Settlement System (CASS) is launched, to help simplify life for our customers across Europe.
IBEX and Nord Pool announce plans to launch intraday market for Bulgaria, and the GB auction is launched.
Nord Pool and Agder Energi join forces to create the marketplace of the future and Nord Pool provides free market data for startups.
Nord Pool Spot is rebranded to Nord Pool.
Nord Pool is appointed NEMO in Belgium, Germany, Luxembourg and Poland. Nord Pool is together with IBEX opening the Bulgarian power market and together with Cropex opening the Croatian power market.
Nord Pool Spot introduces a new Day Ahead Web and Intraday Web. Nord Pool Spot is appointed Nominated Electricity Market Operator (NEMO) across 10 European power markets; Austria, Denmark, Estonia, Finland, France, GB, Latvia, Lithuania, the Netherlands and Sweden.
Nord Pool Spot takes sole ownership of the UK market. North-Western European power markets are coupled through the Price Coupling of Regions (PCR) project. Nord Pool Consulting is launched.
Elspot bidding area opened in Latvia. Intraday market, Elbas, introduced in both Latvia and Lithuania.
Nord Pool Spot opens bidding area in Lithuania.
Elbas licensed to APX and Belpex as the intraday market in the Netherlands and Belgium respectively.
Nord Pool Spot and NASDAQ OMX Commodities launch the UK market N2EX. Nord Pool Spot opens a bidding area in Estonia and delivers the technical solution for a new Lithuanian market place.
Norway joins the Elbas intraday market. The European Market Coupling Company relaunches the Danish-German market coupling on 9 November. Nord Pool Spot implements a negative price floor in Elspot.
Highest turnover and market share recorded in the company's history until then. Elspot market share 70%.
Western Denmark joins the Elbas market. SESAM, the new Elspot trading system is set into production.
Nord Pool Spot launches Elbas in Germany.
Nord Pool Spot opens the Kontek bidding area in Germany, which geographically gives access to the Vattenfall Europe Transmission control area.
Eastern Denmark joins the Elbas market.
Nord Pool's spot market activities are organized in a separate company, Nord Pool Spot AS.
The Nordic market becomes fully integrated as Denmark joins the exchange.
Elbas is launched as a separate market for balance adjustment in Finland and Sweden. Elspot area trade begins 1 July.
Finland joins Nord Pool ASA. Nord Pool opens an office in Odense, Denmark.
A joint Norwegian-Swedish power exchange is established. The exchange is renamed Nord Pool ASA.
The framework for an integrated Nordic power market contracts was made to the Norwegian Parliament. Together with Nord Pool's license for cross-boarder trading (given by the Norwegian Water Resources and Energy Administration), this report made the foundation for spot trading at Nord Pool.
Statnett Marked AS is established as an independent company. Total volume in the first operating year is 18.4 TWh, at a value of NOK 1.55 billion.
Norwegian parliament's decision to deregulate the market for trading of electrical energy goes into effect.