Season's Greetings from Nord Pool
Another year of important power market deliveries, interesting developments across the sector and the occasional challenge too, is drawing to a close.
Everyone at Nord Pool has been pleased, once again, to have spent the year working hand-in-hand with our customers across Europe and the globe, to realise the many benefits of simple, efficient and secure power trading.
Even more important to us has been the open and honest feedback we have had on our wide ranging products and services, as well as the on-going trust which our many members continue to place in us.
We sincerely wish our customers and other contacts across the energy community all the very best for the festive season and for 2026 - we look forward to achieving much more for you during the New Year.
Investing in Our WCE Team
Levente Lukacs has joined Nord Pool as our new Market Manager for Western and Central Europe.
With an extensive background in commodity trading - both physical and derivatives - Levente has developed a particular specialism in energy trading and clearing.
Fluent in German, Hungarian, Romanian and English, Levente believes that bringing best-in-class customer services to central European market participants is vital for ensuring they get the most from cross-border trading.
Commenting on his new role, Levente said: “I look forward to meeting customers face-to-face at Europe’s key power sector events, supporting them in successfully managing their daily trading challenges and working with them to deliver excellence."
You can contact Levente here.
Get Set for E-World!
The Nord Pool team is busy preparing for our attendance at next year's E-World gathering in Essen (Tuesday 10 to Thursday 12 February 2026). You will be able to find us in Hall 3 stand 3N101.
We look forward to welcoming customers old and new, as well as our many other friends and partners from across the European power sector. We will be taking the opportunity to discuss the latest industry updates, address any questions about our products, services and recent developments, or simply to have a friendly catch up, face-to-face.
Feel free to contact your local market manager if you would like to arrange a conversation at E-World.
Trial Corrective Measure on XBID
The SIDC Governance group has approved a temporary corrective measure to optimise XBID system efficiency and maintain stability.
The corrective measure trial, which came into effect on Monday 1 December and lasts until Sunday 1 February 2026, is designed to decrease processing overhead and improve response times during periods of high demand.
The trial measure sees Order Book Depth reduction from 100 to 50 price level, limiting visibility to deeper price levels. Nord Pool anticipates minimal impact on typical trading workflows, but traders relying on deeper visibility for spread analysis or large-order execution strategies may need to adjust their approach.
If you have questions on this trial, or about any other aspect of your intraday continuous trading, contact: [email protected]
Welcoming Kria
We are pleased to welcome Kría Energy, an Iceland-based power trading company specialising in short-term markets, as a new trading member at Nord Pool.
By combining strong market expertise with innovative technologies, Kría plays an active role in maintaining grid balance and supporting the wider energy transition.
The Nord Pool team is looking forward to working closely with Kría Energy to deliver simple, efficient and secure power trading for the business.
Reminder - Mandatory Auction Volume Limits
Nord Pool has updated its Rulebook to introduce a mandatory requirement for members to add auction volume limits to each trading portfolio in the auction platform. This is part of our continued efforts to reduce the risk of members submitting erroneous orders into the day-ahead and intraday auctions.
Taking effect on Thursday 1 January 2026, this requirement will apply to all day-ahead and intraday auctions in the Nordics, Baltics, CE and UK.
Further details can be found in the User Guide
If you have any questions or require support, please contact your Market Manager.
For access requests, please contact: [email protected]
Certified Compliance Course - Here's to 2026!
Nord Pool Academy recently hosted its final Certified Compliance Course live Q&A of the year, a fascinating session joined by more than 30 participants, keen to engage with our expert Market Surveillance team.
Compliance Course Q&A sessions for 2026 are already scheduled (all on a Thursday):
- 5 February 2026
- 30 April 2026
- 8 October 2026
- 26 November 2026
Update REMIT Fee Schedule
Our REMIT Data and Reporting Services – Fee Update 2026 has been based on the latest EU Commission Decision (EU) 2025/1771 of 8 September 2025, which replaces Decision (EU) 2020/2152.
Fee intervals and payment rules previously defined in Articles 6(2) and 6(3) are now set out in Articles 7(2) and 7(3). The updated framework introduces a more activity-based fee structure - meaning smaller reporting providers may see lower proportional fees, while larger RRMs and IIPs, with high transaction volumes, may incur higher fees. This change reflects the expanded scope of REMIT reporting obligations and ensures a fairer, more proportionate cost allocation across market participants.
You can view the Nord Pool fee list which takes effect from Thursday 1st January 2026 here - if you have any questions, please contact your market manager.
Certified Power Trader - Finland
Nord Pool and Adato have partnered to arrange a dedicated Finland-based Certified Power Trader Course in Helsinki in spring 2026.
This course - specifically held in Finnish - uses six modules to take a deep dive into power trading and operations, covering the full range of energy trading topics; from the physical and financial markets through to risk management and regulation
At the Heart of Franco-German Energy Debate
Pietro Rabassi, Nord Pool's Executive Vice President - Western and Central Europe, has been elected to the Steering Committee of the Franco-German Office for the Energy Transition (OFATE/DFBEW).
Pietro's selection places him at the heart of one of Europe’s key cross-border platforms for energy cooperation. The Franco-German Office for the Energy Transition is a joint initiative of the German and French governments, serving as an information and networking hub for more than 250 members across industry, research and public institutions, while supporting collaboration on renewable energy, system integration, security of supply, market design, decarbonisation, etc.
Year-End Changes - Data Services Customers
We would like to remind Data Services customers that two important changes will come into effect at the end of this year:
- Nord Pool's Intraday Real-Time offer via Livestream will shut down on Wednesday 31 December 2025 - replaced by the Intraday Real-Time Read-Only offer via Intraday API – Public Market Data.
- Our Hub2Hub subscription model changes from a flat fee covering all countries, to individual fees per country.
If you have any questions on these updates, contact [email protected] as soon as possible to ensure a smooth transition.
Considering November Prices
Our most recent monthly price summary video has Tuva Løfgren, Market Surveillance Analyst, taking a good look at what was going on around price formation last month.
And there is plenty more market data to be found on our Data Portal.