Day-Ahead Fallback Solution – Read Our Views
Nord Pool has handled coupled power trading markets since 1996. Our long-term experience and expertise means we a strong viewpoint on the best fallback solution for the European single day-ahead power market coupling (SDAC).
Increasing connectivity and reliance of markets on SDAC, emphasises just how important it is to ensure the solution produces robust and reliable results, without a fall back that splits market liquidity by decoupling NEMOs or bidding zones. The on-going revision of the Capacity Allocation and Congestion Management (CACM) regulation, plus the recent ENTSO-E consultation around potential fallback solutions, has focused expert minds here at Nord Pool, on just what the best option for a reliable fallback solution should be.
Read our views in full, here.
Nord Pool Annual Review Published
In a lighter, easier-to-digest format than in previous years, the Annual Review discusses how the team at Nord Pool has been working in an environment that no-one, at the start of the year, could foresee would be so wildly at odds with previous years’ experience. Though the world situation around us – not to mention our own, slightly narrower, power sector landscape – changed beyond recognition in such a short space of time, the Nord Pool team has continued to ensure that we bring our customers across Europe the simple, efficient and secure power trading which they expect from us.
Key facts and figures from 2020’s trading activity are here for you to browse, as well as a review of our major new developments by Chief Executive Kari Ekelund Thørud, assessing how we aim to continue to deliver outstanding trading opportunities and great value for money to our customers, regardless of their size or where they trade from.
Marian’s Powering Poland
Marian shares his many years of expertise with our readers, looking at some of the key the challenges facing Nord Pool’s customers in the region and outlining the work we are doing to offer them greater choice, innovation and value for money.
Read what Marian has to say in full, here.
And you can contact Marian to discuss your trading needs in Poland, here.
Nord Pool Hits the Mark
Nord Pool has been declared an official administrator of benchmarks under the EU Benchmark regulation, for the calculation and publishing of the Nord Pool system price as a reference for financial contracts.
This endorsement of the accuracy and integrity of Nord Pool as a benchmark administrator was approved by Norway’s financial regulator Finanstilsynet earlier this year, after the EU Benchmark regulation had come into force in Norway.
You can read more about what approval means here.
Simplifying Nordic and Baltic Day-Ahead Trading
Customers heard more about the improvements we will be making in our Nordic and Baltic day-ahead trading platform, at a recent dedicated seminar.
Anstein Eie, Product Manager, and Oscar Egnell, Technical Account Manager, explained how our on-going work to consolidate day-ahead market access into a single platform will make customers’ trading simpler and more efficient.
Our Nordic and Baltic day-ahead auction market is scheduled to transition to our new auction platform in February 2022. Integration testing of the new system is already underway – to participate in the daily test auction, contact firstname.lastname@example.org for access.
Enjoy the summer!
And finally – as the summer holiday season approaches – we would like to close this edition of our monthly newsletter by wishing all our customers a happy and relaxing summer break.