Nord Pool Connection
Welcoming EU Vote on Intraday Shared Order Book
Nord Pool was delighted to see the recent European Parliament vote to enact a new EU law that will finally make it possible for all European power exchanges to offer their members the same liquidity from the beginning to the end of intraday trading, in all bidding zones.
A previous loophole in EU regulation meant that, in intraday markets such as Austria, Belgium, France, Germany, Luxembourg, France and The Netherlands, intraday liquidity in the final hour of trading could be ‘ringfenced’ in local markets - a power exchange had no obligation to share it with other exchanges, as is the case the rest of the time in intraday trading.
Tom Darell, CEO at Nord Pool, commented: “We are delighted that this vital and long anticipated extension of the ‘Shared Order Book’ into the final hour of intraday trading is coming to the European power market at last – delivering a more efficient, more transparent, more competitive and more innovative trading environment.”
Join Us in Germany!
With the German power market gaining increasing focus in recent months, our experts will be presenting their take on some of the region’s most important power market topics and changes at Nord Pool’s forthcoming event. This has been arranged specifically for German customers and those interested in exploring opportunities for efficient, simple and secure power trading with us.
And don’t forget, you can also meet Nord Pool's regional Market Manager, Armin Fleig, at Montel's German Energy day on Wednesday 24th April.
Remember to Get the Most from IDAs
With three separate intraday auctions (IDAs) coming for the single European electricity market this summer, a reminder that these will be accessible to Nord Pool members from go-live, through the current Nord Pool auction trading platform - as used in day-ahead.
Our members will be able to submit single market time unit orders (15, 30 or 60 mins depending on bidding zone) as well as block orders, including standard blocks and profile blocks.
Member testing of the auctions is available now – please contact your market manager for details, to make sure you are ready for this new trading development.
Update on March Prices
In the latest Nord Pool price summary update video you can learn more about March's power prices, from our talented Data Analyst, Nicolas .
And don’t forget - you can always find more market data on our new Data Portal.
Join Us to Unravel the Market
There are still online spaces available for you to join us virtually, for an expert exploration of Europe’s leading short- and long-term power markets. Our ever-popular Physical and Financial Power Market Course on Wednesday 24th and Thursday 25th April seeks to unravel some of the complexity around the modern power market.
This course is ideal for traders and investors and those with a more general interest in the increasingly important energy sector.
REMIT II - Find Out More
ACER and the European Commission’s DG-ENER are holding an online workshop to look at implementation of REMIT II and its main implications.
This free event, taking place on Tuesday 11th June, will explore how the REMIT regulation is seeking to keep pace with a rapidly evolving energy market and use learnings from the day’s discussion to inform guidance documents on the new regulation.