Happy New Year to all our Customers!
The team at Nord Pool enters 2024 with a positive outlook in anticipation of working closely with our customers across Europe to keep delivering simple, efficient and secure power trading.
Collaboration and competence-sharing are at the heart of the innovations and new developments we are always seeking to bring to the market. In the spirit of addressing future challenges together, we begin the year by wishing all our customers the very best for a successful 2024!
2023 Trading Figures Announced
Nord Pool has announced its trading figures for 2023, with steady growth being seen throughout our markets.
The year saw a total of 1103.8 TWh of power traded through Nord Pool, of which day-ahead trading on our Nordic, Baltic, UK and Western and Central European markets, accounted for slightly over 1030 TWh. Intraday trading volumes for 2023 amounted to 73.6 TWh across Europe (a 95% increase on 2022 figures).
Intraday trading showed growth during 2023. Denmark witnessed a year-on-year (YoY) rise of 233%, while the Netherlands experienced a YoY increase of 248.5%. Germany and Latvia demonstrated substantial growth rates of 114% and 101% respectively.
Tom Darell, CEO at Nord Pool, said: “Nord Pool saw significant volume growth across the board, demonstrating the trust and confidence market participants continue to have in us – something which we never take for granted. We remain committed to providing efficient and reliable power market solutions to meet the evolving needs of our customers, now and into the future.”
A New Home for Ohm!
We are pleased to welcome Ohm Energie, France's leading provider of green energy, as a trading member with Nord Pool in France.
We look forward to working closely with Ohm Energie to deliver simple, efficient and secure power trading.
Congratulations to Camilla
Camilla Berg, Nord Pool's General Counsel, has been elected as a member of the ACER REMIT Expert Group on wholesale energy market integrity and transparency.
The new consultative group will advise and contribute to ACER’s work on REMIT surveillance, conduct, integrity and transparency, as well as on how other EU legislation could impact energy trading and the functioning of the internal energy market.
E-World – See You Next Month!
The Nord Pool team is preparing to meet many of our European customers at E-World in Essen, Germany, from 20th to 22nd February 2024.
If you are attending the event, please do visit us in Hall 3, Stand 3F100.
We are looking forward to meeting everyone in person, to explore how Nord Pool can help make your trading life more efficient, simple and secure.
You can book a meeting with the team in Essen, here.
Update on December Prices
Our latest price summary update, covering December 2023, is now available.
Watch the video to learn more about our view on why power prices rose in the first part of December and lowered towards the end of the month.
Be Sure You are Complying!
You can keep up to date on complying with REMIT and transparency regulation through our latest online Certified Compliance Course.
Held on Thursday 29 February, this easy to access course sees our dedicated Market Surveillance experts sharing their detailed knowledge on how to comply with the most recent laws and regulations applicable to the European physical power market.