Implementation of the Nordic Multi-NEMO* Arrangements (Nordic MNA) market coupling project has entered its final stage. The last testing phase, the pan-European Multi Regional Coupling (MRC) testing was to be completed by end of March.
Unfortunately, due to the latest COVID-19 developments, the Nordic MNA project parties and their Single Day-Ahead Coupling (SDAC) counterparts have concluded that the MRC testing must be postponed until further notice. This is for all parties to run their critical functions and processes, including market coupling through SDAC, in a robust and efficient way during the COVID-19 outbreak.
Consequently, the publication of the Nordic MNA go-live date is postponed. As soon as there is visibility on reliable dates for completing the last testing activities, the target go-live date will be published.
In the meantime, project parties have continued to make good progress to facilitate the go-live of the Nordic MNA project as soon as possible. Nordic regional testing has been completed successfully and the project parties are working on completing final procedural and governance topics.
* NEMO – Nominated Electricity Market Operator
A market operator designated by the competent authority of the European Union Member State to participate in single day-ahead or single intraday coupling. Nord Pool is nominated NEMO in 15 European countries.
About Nord Pool
Nord Pool, Europe’s leading power market, delivers efficient, simple and secure trading across Europe. The company offers day-ahead and intraday trading, clearing and settlement to customers regardless of size or location. Today 360 companies from 20 countries trade on Nord Pool’s markets.
Nord Pool operates markets in the Nordic and Baltic regions, Germany, France, the Netherlands, Belgium, Austria and the UK. Nord Pool is a Nominated Electricity Market Operator (NEMO) in 15 European countries, while also servicing power markets in Croatia and Bulgaria. In 2019 Nord Pool had a total turnover of 494 TWh traded power. The company has offices in Oslo, Stockholm, Helsinki, Tallinn, London and Berlin.
Nord Pool has 25 years of power market experience built on offering flexibility, transparency, innovation, greater choice and participation to our customers.
Oslo, 27 March 2020
For further information, please contact:
Stina Johansen, +47 916 50 603 - [email protected]