About us
Nord Pool is the world's first power exchange and the world's first multinational power exchange. 2023 marks 30 years of powering the market.
Nord Pool consists of the commercial power exchange function, Nord Pool, and the Market Coupling Operator function, Nord Pool European Market Coupling Operator. Starting as solely Norway-based and called Statnett Marked, we pioneered cross-border power trading with a Norwegian-Swedish power exchange in 1996, establishing the Nord Pool name.
Since that world first, we have continued to shape Europe’s coupled power market, providing a trusted and transparent marketplace. We act as a driving force towards a single integrated European power market and as a global thought-leader in the field of physical power trading.
As a cornerstone of European energy cooperation, Nord Pool is playing a crucial role in promoting competition, price transparency, efficient electricity markets and the integration of renewables into the market.
We are grateful to all customers, partners and other stakeholders for their support for Nord Pool’s work over the past 30 years.
Owners, leadership and people
Nord Pool is owned by Euronext (66%) and TSO Holding (34%).
Euronext is a publicly listed company and a pan-European exchange group operating regulated financial markets in Belgium, France, Ireland, the Netherlands, Norway, Portugal, and the United Kingdom. Euronext also operates non-regulated activities in 16 countries across the world.
TSO (Transmission System Operators) Holding is owned by EPSO-G. (39.6%) and the Norwegian and Swedish state owned TSOs Statnett (32.2%) and Svenska Kraftnat (28.2%).
Nord Pools leadership team of 9 ELT members guides our strategy and leads 150 employees from 35 nationalities working from 6 local European offices.
Vision
Competitive total cost of trading and clearing, best-in-class customer management, a seamless trading platform and API capabilities and full-service power trading offering – these are elements that fuels Nord Pool’s vision to be the “Leading pan-European energy trading marketplace.”
Mission and purpose
Nord Pool is a company of people with a clear purpose and mission: “Delivering simple, efficient and secure energy trading – accelerating innovation and sustainable growth.”
We are dedicated to facilitating the integration of renewable energy sources, supporting the transition towards a sustainable and decarbonized energy system. We focus on continuous innovation, exploring new trading products, services and technologies to meet the evolving needs of the electricity market.
Creating value for our members is at the heart of our business. We work closely with stakeholders, regulators and market participants to foster dialogue, share best practices, and drive continuous market development. Our adherence to regulatory frameworks and commitment to maintaining a fair and well-regulated market, ensures compliance with relevant energy market regulations and directives. Driving market efficiency through innovative trading solutions, advanced technology, and harmonized market rules, result in fair prices and effective risk management for market participants.
Our company values
We operate with a commitment to our guiding principles "Together with Integrity towards Excellence", prioritizing collaboration, knowledge sharing and caring within our business and in our customer relationships. While at the same time upholding Integrity through respect and trustworthiness, we continuously strive towards Excellence.