The multinational energy exchange Nord Pool Spot increased its market share in 2009, reaching an all time high of 72 per cent of the Nordic consumption. This confirms Nord Pool Spot’s position as the largest energy exchange in the world.
Even if the increase is slight compared to a result of 70 per cent in 2008, the market share has been growing steadily since the spot market was established. The total volume traded was somewhat reduced compared to the previous year: 287 TWh in 2009, compared to 300 TWh in 2008.
"Despite the financial crisis and the challenges our participants have faced in the year that passed, our results are very satisfying. We are pleased to see that our market share has risen, showing the trust in the Nordic energy exchange", says CEO Mikael Lundin in Nord Pool Spot.
The average system price for 2009 was lower than in 2008: EUR 35.02 /MWh as compared to EUR 44.73 /MWh in 2008.
The volume traded on Elbas, Nord Pool Spot’s balancing market for Germany, Finland, Sweden, Norway and Denmark, of 2.37 TWh in 2009 represents an all time high for the intraday market, compared to 1.83 TWh in 2008.
The value of turnover in the physical markets for 2009 was EUR 10.8 billion as compared to EUR 15.0 billion in 2008.
Lysaker, 25 January 2010
About Nord Pool Spot
Nord Pool Spot runs the largest physical power market in the world, offering both day-ahead and intraday markets to its participants. 330 companies from 20 countries daily trade on the exchange. The Nord Pool Spot group has offices in Oslo, Helsinki, Stockholm, Fredericia (Denmark) and London. Nord Pool Spot is owned by the Nordic transmission system operators. In 2009 the group had a turnover of 287 TWh representing a value of EUR 10.8 billion.
For further information, please contact Nord Pool Spot:
Siw Hauge, Director communications, phone +47 90 61 59 92.