Committed to Power Futures
Nord Pool has announced that we will launch, together with Euronext, a dedicated Nordic and Baltic power derivatives market.
Euronext Nord Pool Power Futures will be traded on Euronext’s Optiq® trading platform and cleared by Euronext Clearing. The launch of Euronext Nord Pool Power Futures will aim to answer the need expressed by the market to have a long-standing, sustainable market infrastructure committed to developing secure power futures trading in the Nordic and Baltic regions, with a strong Nordic foundation. Customer testing will begin as early as March 2025.
Tom Darell, CEO at Nord Pool, said: “Nord Pool and Euronext have consulted extensively with key businesses in the Nordic and Baltic power sector, businesses which represent more than 70% of market volumes. Their message has been clear: end uncertainty in the power derivatives territory by delivering a liquid power futures market, run by a business with commitment and a vision for the future.”
Looking at Battery Storage
Want to know more about intraday trading, the balancing market and the future role of Battery Energy Storage Systems (BESS)?
Register for Capalo AI's webinar on Tuesday 24 September where Joffrey Faucon, Head of Product at Nord Pool, will be joining the discussion together with Henri Taskinen, CEO at Capalo AI, Karri Mäkelä, Senior Expert at Fingrid and Aleksi Nordlund, Director Power Markets at Taaleri Energia.
Nordic Flow Based - Ready to Go-Live
The Nordic Flow Based Day Ahead Market Coupling project parties have stated that – subject to successful completion of final tests - the project will go live on Tuesday 29 October 2024 (first trading day for delivery 30 October).
Market Data - API Changes Soon
Endpoints related to Nord Pool Market Data API v1 will be removed on Tuesday October 1, as we are no longer providing support for this version. Users must migrate to the latest version to avoid service disruptions.
Our new API v2 consolidates multiple endpoints into one and introduces new API endpoints providing curve data for countries as well as contract statistics or total intraday statistics for a given date and bidding zone. Intraday Delayed and Hub to Hub Capacities APIs are not affected.
If you have any questions about the change, please contact: [email protected].
Sponsoring Kraftkvinnene
Nord Pool is pleased to be sponsoring Kraftkvinnene, the Norwegian network empowering women in the renewable energy sector. The organisation's mission to make women more visible and to increase their recruitment in renewables reflects some of Nord Pool's own core values:
- Diversity fosters dynamic processes, innovation and sound decision-making and enhances business performance.
- As the pioneers of the European power market, we support initiatives that shape the future of renewable energy.
We look forward to this new collaboration to inspire, spread knowledge and build valuable networks for the power sector.
Don't Forget - Last Hour Intraday
Since July 2024, all NEMOs (power markets) have been obliged under European law to share orders in the SIDC shared order book in the last hour of intraday trading. This law change affects key European markets, including Germany/Luxembourg, Austria, Belgium, France and The Netherlands.
Updates regarding schedule changes can be found here.
To learn more about trading intraday with Nord Pool, talk to your local market manager.
Unravelling the Power Market
To find out more about the workings of the international power market, why not join our ever-popular Physical and Financial Power Market Course - taking place on Tuesday 29 and Wednesday 30 October 2024 - either in person in Oslo, or online?
This dedicated course will unravel the complexity of the power market in a way which will resonate with everyone from traders and investors, to those with a more general interest in the increasingly spotlighted energy sector – be they lawmakers, energy regulators, journalists or investors.
An Insight into August's Prices
The latest Nord Pool monthly price summary video has Benjamin Willoch, Trading Advisor in our day-ahead team, providing a run-through of key points from August's power prices.
And don’t forget - you can access detailed up-to-date and historical market data at our dedicated Data Portal.