SDAC 15-minute MTU Launched
After more than two years' hard work to see it finally delivered, the Nord Pool team was pleased that the 15-minute Market Time Unit (MTU) successfully launched in SDAC.
Everyone at Nord Pool views this improvement to trading parameters as particularly important in light of the exponential increase in intraday trading which we have seen on the pan-European power market in recent years. It is truly a major step forward in expanding both market efficiency and flexibility, bringing:
- Better integration of renewables
- More accurate price signals
- Stronger cross-border coordination
- Enhanced grid stability
Nord Pool has consistently been committed to delivering the SDAC 15 MTU and is proud to have been part of this collaborative achievement to realise a key milestone for Europe’s energy transition.
Read the full announcement here.
Market Foundations in Place
Euronext Nord Pool Power Futures now has 16 clearing members committed to supporting the launch of the market in Q1 next year.
This group represents a diverse mix of Nordic, continental and international firms, ensuring broad accessibility and a strong foundation for onboarding trading participants of all types and sizes.
Find out more about Euronext Nord Pool Power Futures here.
Event for Nordic Members
Join us at the Quality Hotel View, Malmö, on Thursday 6 November, from 11:30 CET, for focused discussions on the latest developments in the power market, as part of our Nordic Regional Event.
The event will address a wide variety of topics, ranging from day-ahead and intraday markets, through the launch of the SDAC 15-minute MTU, to the Euronext Nord Pool Power Futures market, flow-based trading and CACM 2.0.
Seek Enlightment at Enlit
The Nord Pool team will be on hand to welcome our friends from across the power sector at the Enlit Europe event in Bilbao, from Tuesday 18 to Thursday 20 November.
Come and meet the team at Stand 3.H96 - we can help with any questions or challenges you are dealing with in relation to the intraday and day-ahead markets, data availability and power derivatives, or any other power trading matter.
Contact your local market manager to arrange a chat.
Become a Surveillance Expert
Nord Pool Academy's new course looking at Trade Surveillance aims to help clarify and aid compliance with REMIT II's trade surveillance requirements.
For a better understanding of this complex set of rules, join us in Oslo on Tuesday 4 November for a full-day session of exploration.
Going Dutch with GOPACS
Nord Pool recently signed a contract with the Netherlands based GOPACS platform, which makes energy flexibility available in a transparent, market-based way, aiming to solve congestion issues in the Dutch market.
This agreement marks an important milestone in Nord Pool's growth and diversification, in providing efficient and secure solutions to boost flexibility across Europe.
Welcoming the new cooperation, Tom Darell, Nord Pool CEO, said: "Connecting to GOPACS makes it easier for Nord Pool members to contribute to the energy transition and unlock value from their flexibility, as well as lowering barriers to entering the market."
A full house for our Baltic Regional Meeting!
We were delighted to welcome more than 100 power sector contacts - including Baltic market members, TSOs and regulators - to our dedicated Baltic Regional Meeting in Riga.
The day was a great success; with engaging discussions, valuable insights and positive energy from everyone taking part.
To start a conversation about efficient, simple and secure power trading in the Baltic region contact our local market manager Aiste Krasauskiene.
SIDC 15 MTU - Rollout Complete
The extension this month of the SIDC 15-minute Market Time Unit to the Greek bidding zone border, marks successful completion of the rollout of this important development for intraday trading. Read more here.
And you can find out more about simple, efficient and secure intraday power trading from your local Nord Pool market manager.
Sharing Market Knowledge
Our Physical and Financial Power Markets course takes place from Wednesday 12 to Thursday 13 November, giving an unrivalled opportunity to increase your understanding of the European power market.
You can join us in person at the Radisson Blu Plaza Hotel in Oslo (or attend online) for expert insights into Europe’s leading short- and long-term power markets, as well as answers to all your pressing questions.
This two-day course is tailored to enhance knowledge and understanding for all those with an interest in European cross-border power trading.
Read More on Fallback and Corrective Measures
The Single Day-Ahead Coupling (SDAC) Fallback Manual, giving guidance on procedures to be followed in the event of a partial or full day-ahead market decoupling, is now available on the All-NEMO Committee website: SDAC Fallback Manual.
Also available to Nord Pool members is the Corrective Measures document which explores the means provided in the SDAC algorithm to handle any performance issues in production in a market coupling session - all the more important now that the SDAC 15 MTU is live.
It is worthwhile members familiarising themselves and their teams with the contents of these new sets of guidance - if you have questions on them, please contact your local market manager in the first instance.
Welcoming Our New Danish Member
We recently welcomed QUENT ApS as a new trading member at Nord Pool.
The quantitative energy trading company, based in Copenhagen, specialises in improving market efficiency through trading strategies driven by future energy supply and demand forecasts.
The team at Nord Pool looks forward to working closely with QUENT ApS to deliver simple, efficient and secure power trading for the business.
Insight into Prices
Our monthly price overview video takes a look at what was going on during September, with observations on recent power price happenings from Benjamin Willoch of our day-ahead trading team.
Remember, you can always find important current and historical power market data on our data portal.