History
Nord Pool has shaped the market for more than 25 years.
We are as motivated for the opportunities and challenges ahead as ever.
2019
Nord Pool commenced delivering services to the Nemo Link Interconnector between the UK and Belgium, giving better utilisation of interconnector capacity.
Nord Pool was first to offer day-ahead markets across Europe when launching day-ahead power trading for central and western Europe (CWE).
Pan-European trading is now in place across 21 countries coupled through SIDC, with the addition of the following seven countries in November: Bulgaria, Croatia, Czech Republic, Hungary, Poland, Romania and Slovenia.
Nord Pool welcomes new owner, Euronext, which holds 66% of the share capital and voting rights of the Nord Pool group.
2018
NODES - the marketplace of the future is established by Nord Pool and Agder Energi.
European Cross-Border Intraday (XBID) Solution successfully go-live give our customers greater trading opportunities within 12 geographical markets.
IBEX and Nord Pool launch intraday market for Bulgaria
Nord Pool re-organises the legal structure of the company – separating its Market Coupling Operator functions from the commercial Power Exchange functions.
2017
A new Clearing and Settlement System (CASS) is launched, to help simplify life for our customers across Europe, and we introduce a new GB half hourly auction.
Nord Pool is nominated NEMO in Ireland
Nord Pool and Agder Energi join forces to develop a new marketplace capable of exploiting decentralised flexibility
2016
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.
2015
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.
2014
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.
2013
Elspot bidding area opened in Latvia. Intraday market, Elbas, introduced in both Latvia and Lithuania.
2012
Nord Pool Spot opens bidding area in Lithuania.
2011
Elbas licensed to APX and Belpex as the intraday market in the Netherlands and Belgium respectively.
2010
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.
2009
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.
2008
Highest turnover and market share recorded in the company's history until then.
Elspot market share 70%.
2007
Western Denmark joins the Elbas market.
SESAM, the new Elspot trading system is set into production.
2006
Nord Pool Spot launches Elbas in Germany.
2005
Nord Pool Spot opens the Kontek bidding area in Germany, which geographically gives access to the Vattenfall Europe Transmission control area.
2004
Eastern Denmark joins the Elbas market.
2002
Nord Pool's spot market activities are organized in a separate company, Nord Pool Spot AS.
2000
The Nordic market becomes fully integrated as Denmark joins the exchange.
1999
Elbas is launched as a separate market for balance adjustment in Finland and Sweden.
Elspot area trade begins 1 July.
1998
Finland joins Nord Pool ASA.
Nord Pool opens an office in Odense, Denmark.
1996
A joint Norwegian-Swedish power exchange is established. The exchange is renamed Nord Pool ASA.
1995
The framework for an integrated Nordic power market contracts was made to the Norwegian Parliament. Together with Nord Pool's license for cross-border trading (given by the Norwegian Water Resources and Energy Administration), this report made the foundation for spot trading at Nord Pool.
1993
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.
1991
Norwegian parliament's decision to deregulate the market for trading of electrical energy goes into effect.