The multinational energy exchange Nord Pool Spot’s volumes reached an all time high of 307 TWh in 2010, as compared with 287 TWh in 2009. At the same time, the market share increases from 72 percent of the Nordic consumption in 2009 to 74 percent in 2010. This confirms Nord Pool Spot’s position as the largest exchange for electrical energy in the world.
"Based on these strong results we will continue our ambitious strategy in 2011. We are expanding into new markets and integrating with other European markets. At the same time we focus on the Nordic market and customer satisfaction among our participants", says Mikael Lundin, CEO of Nord Pool Spot.
The volume traded on Elbas, Nord Pool Spot’s intraday market for the Nordic region, Germany and Estonia, of 2.2 TWh in 2010 is slightly down compared to 2.4 TWh in 2009. Nord Pool Spot is working to increase liquidity in our intraday market.
The value of turnover in the Elspot and Elbas markets for 2010 was EUR 18 billion as compared to EUR 10.8 billion in 2009.
The average system price for 2010 was an all time high EUR 53.06/ MWh as compared to EUR 35.02/ MWh in 2009.
About Nord Pool Spot
Nord Pool Spot runs the leading power market in Europe and offers both day-ahead and intraday markets to its customers. 350 companies from 18 countries trade on the market. The Nord Pool Spot group has offices in Oslo, Stockholm, Helsinki, Copenhagen, Tallinn and London. In 2010 the group had a total turnover of 310 TWh, which includes the auction volume in the UK market N2EX.
Lysaker, 12 January 2011 10:00 CET
For further information, please contact Nord Pool Spot:
Siw Hauge, Director communications,
phone +47 90 61 59 92