Newsletter https://www.nordpoolgroup.com/en/message-center-container/newsroom/newsletter/ https://www.nordpoolgroup.com/en/message-center-container/newsroom/newsletter/2024/03/nord-pool-connection/ Nord Pool Connection <h2><strong>Welcoming Arcane and VTC</strong></h2> <p>We are very pleased to welcome Arcane Energy as the latest trading member at Nord Pool.&nbsp;<br /><br />Arcane Energy specializes in algorithmic power trading. The business turns data into trading solutions, driving the energy sector toward sustainability and excellence.</p> <p class="">We also extend a warm welcome to VTC Energy, which is now a certified Independent Software Vendor (ISV) for Nord Pool.<br /><br />VTC Energy provides end-to end energy management solutions with an holistic approach, to help industries digitally transform and save cost.<br /><br /></p> <h2><strong>See You in Germany!</strong></h2> <p>Our experts will be presenting key power market topics and important updates on Tuesday 23rd April in Dusseldorf as part of our German Regional Meeting.</p> <p><a href="/link/b68fdc3df5ec4322a753d9896cfcc567.aspx">Find out more and sign up here.</a></p> <p>You can also meet Nord Pool's regional Market Manager, Armin Fleig, at <a href="https://gbr01.safelinks.protection.outlook.com/?url=https%3A%2F%2Felinkeu.clickdimensions.com%2Fc%2F7%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%2FldsTTdtqdNdZpOnAWX_PUA&amp;data=05%7C02%7Cdbeliaeva%40euronext.mail.onmicrosoft.com%7C914e2399043e42ef75fe08dc442acdf1%7C315b1ee5c224498b871ec140611d6d07%7C0%7C0%7C638460197834088412%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C0%7C%7C%7C&amp;sdata=KCXYIQbvf6ZnNEotpHOU%2Fsmp425BQCBX7Rvfo5Ud5yE%3D&amp;reserved=0">Montel's German Energy day</a> on Wednesday 24th April.<br /><br /></p> <h2><strong>A Pioneering Pedigree</strong></h2> <p>This month marks the 25th anniversary of Nord Pool establishing the first multi-national continuous implicit intraday market in Europe, between Finland and Sweden. The new market, named Elbas, was operated in collaboration between Nord Pool and EL-EX, with support from Fingrid and Svenska Kraftn&auml;t.</p> <p>Over the years Nord Pool&rsquo;s Elbas market expanded across the Nordics, into the Baltics and eventually linked with the Netherlands.</p> <p>Elbas was very much the blueprint and benchmark for continuously-traded domestic and cross-border intraday power in Europe, a fact that, in due course, was even recognised by EU legislators as the target for an EU-wide market.</p> <p>We are proud to have been &ndash; and to continue to be &ndash; power market pioneers.<br /><br /></p> <h2><strong>Recognising Women in Energy</strong></h2> <p>This month saw International Women's Day, as part of which we recognise the many talented women working not just at Nord Pool but across the energy sector.</p> <p>To find out more about some of the most dedicated members of the Nord Pool team...</p> <p><strong><a href="https://gbr01.safelinks.protection.outlook.com/?url=https%3A%2F%2Felinkeu.clickdimensions.com%2Fc%2F7%2FeyJhaSI6NzQ3MTI5NDUsImUiOiJkYXJpYS5iZWxpYWV2YUBub3JkcG9vbGdyb3VwLmNvbSIsInJpIjoiY29udGFjdC1mN2I1ZTBmNWNkZThlODExODEyNjAwMGQzYTIwYjBkYS1kODVkNDYwYTc2Mjk0ODA3ODcxZWQ2NjRkY2FmZDYwMyIsInJxIjoicDEtYjI0MDc0LWY2ZmVmNmViZTdmNzQ2ZjZiY2FhYmE1NmMwNGE5OGNiIiwicGgiOm51bGwsIm0iOmZhbHNlLCJ1aSI6IjIiLCJ1biI6IiU3QiUyNTIyVXJsSWRPZmZzZXQlMjUyMiUyNTNBMSU3RCIsInUiOiJodHRwczovL3d3dy5saW5rZWRpbi5jb20vZmVlZC91cGRhdGUvdXJuOmxpOmFjdGl2aXR5OjcxNzE3OTMyNTA3NDIyMjI4NDg_X2NsZGVlPWxnTkdZSGVlZGpiU0pNbGRsa2NyMnlFRkpfU2VoMFMyanBuNWlycXl4Uk5ZekR3dC1FNFRSLVNQekZHTXAyLVVEdm9oMHZZLS1xY1k2S2E4cm9VY05BJnJlY2lwaWVudGlkPWNvbnRhY3QtZjdiNWUwZjVjZGU4ZTgxMTgxMjYwMDBkM2EyMGIwZGEtZDg1ZDQ2MGE3NjI5NDgwNzg3MWVkNjY0ZGNhZmQ2MDMmZXNpZD04OWVlM2ZkMy05ZGRmLWVlMTEtODE2OS0wMDBkM2EyMDg4M2IifQ%2Fmo6zrfOFDBz1jWsP_AS27w&amp;data=05%7C02%7Cdbeliaeva%40euronext.mail.onmicrosoft.com%7C914e2399043e42ef75fe08dc442acdf1%7C315b1ee5c224498b871ec140611d6d07%7C0%7C0%7C638460197834097735%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C0%7C%7C%7C&amp;sdata=WmyEbj3xbxgeNzcGVyiBQDXCKevSMmRgcvc9H2zAC8s%3D&amp;reserved=0" target="_blank" rel="noopener">Read more</a></strong><br /><br /></p> <h2><strong>Power Across Borders</strong></h2> <p>The team at Nord Pool is proud to have played its part in realising a new milestone in European power market coupling, with the welcome announcement that the NEMOs and TSOs of Southwest Europe have achieved go-live of the Multi-NEMO Arrangement on the French side of the French - Spanish border in the day-ahead timeframe.</p> <p style="margin: 0cm; line-height: 120%;"><a href="/link/120340b64f0a4e8fb7a0a49ff2937435.aspx"><strong>Find out more</strong></a></p> <p class="" style="margin: 0cm; line-height: 120%;">&nbsp;</p> <p style="margin: 0cm; line-height: 120%;">&nbsp;</p> <h2><strong>Become an Expert in the Market</strong></h2> <p>Join us in person in Oslo, or online, for an introduction to Europe&rsquo;s leading short- and long-term power markets, during our Physical and Financial Power Market Course on Wednesday 24th and Thursday 25th April.&nbsp;</p> <p>This detailed course unravels the complexity of the power market and is ideal for traders and investors, as well as those with a more general interest in the increasingly important energy sector - such as law makers, energy regulators and students.&nbsp;</p> <p><strong><a href="/link/52b4b2fb016d43a4824cdef317cee3b4.aspx">Register now</a></strong></p> <h2><br /><strong>It Was Great to See You at E-World!</strong></h2> <p>It was great to meet so many customers, partners and other power sector stakeholders at E-World in Essen, recently.</p> <p>The Nord Pool team was pleased&nbsp;to have taken part in so many valuable meetings and discussions, looking at ways in which we can help make your trading life more efficient, simple and secure.</p> <p>If you were not able to make it, we are always happy to hear from you &ndash; <a href="/link/cf2b31dda37d4813ac743c560dfd186e.aspx" target="_blank" rel="noopener">just contact your market manager</a> to chat about whatever is on your mind.</p> Fri, 15 Mar 2024 12:56:57 +0100 https://www.nordpoolgroup.com/en/message-center-container/newsroom/newsletter/2024/02/nord-pool-connection/ Nord Pool Connection <h2><strong>Get the Most from Intraday Auctions</strong></h2> <p>Following the ACER decision on &lsquo;Establishing a single methodology for pricing intraday cross-zonal capacity&rsquo;, three separate intraday auctions for the single European electricity market will be in place from Thursday 13<sup>th</sup> June 2024.&nbsp;</p> <p>These will be accessible for Nord Pool members from go-live, through the current Nord Pool auction trading platform as used in day-ahead, with a wide range of products available. 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.</p> <p>Member testing of the auctions is now available &ndash; please <a href="/link/773f1c71593446939d29d5b248987fc2.aspx" target="_blank" rel="noopener">contact your market manager</a> for details. In addition, the Market Coupling Consultative Group has arranged a live online workshop, which will include discussion of the coming new intraday auctions, on Monday 26<sup>th</sup> February.</p> <p><a href="https://gbr01.safelinks.protection.outlook.com/?url=https%3A%2F%2Fevents.teams.microsoft.com%2Fevent%2F656a83de-66c9-4819-a530-2607106908f5%400c38bf71-99b7-4edf-a2e6-70803930efe7&amp;data=05%7C02%7CDaria.Beliaeva%40nordpoolgroup.com%7Cb67c9ec8c67d4ac73e4908dc2bd1abdd%7C315b1ee5c224498b871ec140611d6d07%7C0%7C0%7C638433426778346909%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C0%7C%7C%7C&amp;sdata=lKcs2ZVKAtGLUzvyI8h3KQotwMMs5V624TaLveZb%2Bhc%3D&amp;reserved=0" target="_blank" rel="noopener">Register here</a></p> <h2><br /><strong>E-World</strong> <strong>&ndash; See You Soon!</strong></h2> <p>The Nord Pool team is all set to greet our European customers at E-World in Essen, Germany, from Tuesday 20th to Thursday 22nd February.&nbsp;</p> <p>If you are coming along, be sure to pay us a visit &ndash; we are in Hall 3, Stand 3F100 &ndash; it&rsquo;s always great to meet everyone in person and to look at ways in which Nord Pool can help make your trading life more efficient, simple and secure.</p> <p><a href="https://www.linkedin.com/posts/nord-pool_happystand-nordpool-powermarket-activity-7161672394405879809-sKvP?utm_source=share&amp;utm_medium=member_desktop" target="_blank" rel="noopener">View our video</a><br /><br /></p> <h2><strong>Welcome Varberg</strong></h2> <p>We are very pleased to welcome Varberg Energimarknad AB as the latest trading member with Nord Pool, in Sweden.&nbsp;<br /><br />Varberg Energimarknad is a municipally-owned company offering district heating, gas, communication services and power. The company is a pioneer when it comes to flexibility services for producers and consumers. They are also the local grid owner and manage a number of different production facilities with renewable energy sources.<br /><br />We look forward to working closely with them to deliver simple, efficient and secure power trading.<br /><br /></p> <h2><strong>Explore the new Data Portal</strong></h2> <p>Our updated data portal &ndash; offering access to an unrivalled comprehensive suite of European power market statistics &ndash; is now available.</p> <p>To help members get the most from the new offering we are holding a free dedicated webinar on Wednesday 6th March&nbsp;, from 14:00 CET, during which Ugur Serttas, our Product Manager, Data&nbsp;and Christian Moger, Nord Pool&rsquo;s Data Sales Manager, will discuss the latest enhancements and updates to give you faster, easier and more comprehensive access to our power market data.&nbsp;</p> <p><a href="https://events.teams.microsoft.com/event/5f0c5ca8-bd56-4295-b211-08ce5f2ed0f2@315b1ee5-c224-498b-871e-c140611d6d07">Find out more and register here.&nbsp;</a></p> <p>The new developments have been put in place as a result of feedback received from Nord Pool members and we appreciate additional constructive input, which we will be taking into consideration as we continue to develop the portal. Our <a href="/link/9e5046e77e6c45d8aad947ab5024815f.aspx">customer services</a> team is on hand to assist with any user enquiries.</p> <p style="margin: 0cm; line-height: 120%;">&nbsp;</p> <h2><strong>Insight Into January Prices</strong></h2> <p>In the latest in our regular market update videos, Nord Pool Trading Advisor Kristiane explains how power prices developed last month.</p> <p>And remember &ndash; there&rsquo;s lots of up-to-date and historical power market information available at <a href="/link/82203c7381994a7ab97e9b6cc6f963f1.aspx">nordpoolgroup.com.</a></p> <p><a href="https://www.linkedin.com/posts/nord-pool_nordpool-powermarket-energytrading-activity-7161359872381321216-qIOO?utm_source=share&amp;utm_medium=member_desktop">Watch the video here&nbsp;</a></p> <p style="margin: 0cm; line-height: 120%;"><span style="font-size: 10.5pt; line-height: 120%; font-family: 'Arial',sans-serif; color: #001c37;">&nbsp;</span></p> <h2><strong>Still Time to Comply!</strong></h2> <p>Be sure you are in compliance with REMIT and other relevant transparency regulation with our latest online Certified Compliance Course.</p> <p>Held on Thursday 29th February, this ever-popular course will see our team of experienced Market Surveillance experts share their detailed knowledge and insights on how best to comply with recent laws and regulations applied to the European physical power&nbsp;</p> <p><a href="/link/40ab9ee2395a41099f070e6df37a30b7.aspx">Register now</a></p> Thu, 15 Feb 2024 14:55:09 +0100 https://www.nordpoolgroup.com/en/message-center-container/newsroom/newsletter/2024/01/nord-pool-connection/ Nord Pool Connection <h2><strong>Happy New Year to all our Customers!</strong></h2> <p>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.&nbsp;</p> <p>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!<br /><br /></p> <h2><strong>2023 Trading Figures Announced</strong></h2> <p>Nord Pool has announced its trading figures for 2023, with steady growth being seen throughout our markets.</p> <p>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).&nbsp;&nbsp;</p> <p>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.</p> <p>Tom Darell, CEO at Nord Pool, said: &ldquo;Nord Pool saw significant volume growth across the board, demonstrating the trust and confidence market participants continue to have in us &ndash; 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.&rdquo;&nbsp;</p> <p><a href="/link/27299b9921fd451dacd837f2499f0a40.aspx" target="_blank" rel="noopener">Read more here&nbsp;</a><br /><br /></p> <h2><strong>A New Home for Ohm!</strong></h2> <p>We are pleased to welcome Ohm Energie, France's leading provider of green energy, as a trading member with Nord Pool in France.</p> <p>We look forward to working closely with Ohm Energie to deliver simple, efficient and secure power trading.<br /><br /></p> <h2><strong>Congratulations to Camilla</strong></h2> <p>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.&nbsp; &nbsp;</p> <p>The new consultative group will advise and contribute to ACER&rsquo;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.<br /><br /></p> <h2><strong>E-World &ndash; See You Next Month!</strong></h2> <p>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.</p> <p>If you are attending the event, please do visit us in Hall 3, Stand 3F100.</p> <p>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. &nbsp;</p> <p>You can book a meeting with the team in Essen, <a href="/link/91f2eaeae91d4b8ebb7bf6fb2b8b7293.aspx" target="_blank" rel="noopener">here.</a><br /><br /></p> <h2><strong>Update on December Prices</strong></h2> <p>Our latest price summary update, covering December 2023, is now available.&nbsp;</p> <p>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.</p> <p><a href="https://gbr01.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.linkedin.com%2Ffeed%2Fupdate%2Furn%3Ali%3Aactivity%3A7151194540979150848&amp;data=05%7C02%7Cdbeliaeva%40euronext.mail.onmicrosoft.com%7Ca06e5bd30ee64cd1c64108dc180a13d4%7C315b1ee5c224498b871ec140611d6d07%7C0%7C0%7C638411678774995856%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C3000%7C%7C%7C&amp;sdata=hnal5bM1Ll1A5ae0ztx2fN9%2Bc%2FO80bLbCsRGjqxjiNQ%3D&amp;reserved=0" target="_blank" rel="noopener">Watch the video here&nbsp;</a><br /><br /></p> <h2><strong>Be Sure You are Complying!</strong></h2> <p>You can keep up to date on complying with REMIT and transparency regulation through our latest online Certified Compliance Course.</p> <p>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.&nbsp;</p> <p><a href="/link/40ab9ee2395a41099f070e6df37a30b7.aspx" target="_blank" rel="noopener">Register now</a></p> Thu, 25 Jan 2024 13:55:20 +0100 https://www.nordpoolgroup.com/en/message-center-container/newsroom/newsletter/2023/12/nord-pool-connection/ Nord Pool Connection <h2>Seasonal Greetings from Nord Pool!</h2> <p>2023 proved to be another interesting and unpredictable year for the energy sector.</p> <p>As usual at Nord Pool we enjoyed working closely alongside our customers across the world to deliver solutions for trading in the European electricity markets.</p> <p>In particular, we have valued&nbsp;the open and honest feedback we have received throughout the year on our products and services and&nbsp;the continuing&nbsp;commitment shown by all the Nord Pool members who trust their trading to us.</p> <p>We wish all our customers the very best for the festive season and the New Year - we look forward to working with you in 2024.<br /><br /></p> <h2>Tom Tackles Energy Transition</h2> <p>Nord Pool CEO Tom Darell recently joined the NordSearch Podcast to discuss pressing issues around the energy trading transition, trends in the intraday market and Nord Pool&rsquo;s priorities for the future.</p> <p>You can watch the full episode <a href="https://www.youtube.com/watch?v=5mFY-f9KIOQ" target="_blank" rel="noopener">here.</a><br /><br /></p> <h2>Ponte Energy Joins Nord Pool</h2> <p>We are delighted to welcome new trading member Ponte Energy, to Nord Pool. Through a combination of domain expertise and AI-powered trading, Ponte Energy engages in electricity trading in the pan-European market to help balance fluctuating renewable energy production.&nbsp;</p> <p>We look forward to working closely with Ponte Energy.<br /><br /></p> <h2>A Better Data Portal</h2> <p>As part of Nord Pool&rsquo;s on-going commitment to providing the best possible energy trading experience, we are constantly adapting and improving our systems and services. This includes further developing our Data Portal, with a variety of new features in the pipeline.</p> <p>These will encompass such important changes as: a new, more modern navigation menu is designed to help you find market data intuitively and easily; an updated map to better reflect the geography of continental Europe; more comprehensive and in-depth reports with much more historical data; and improved data infrastructure to have better and more consistent response times and performance, even under heavy loads.</p> <p><a href="/link/4fbc7cb980b64abcabf903c81afc9dbf.aspx" target="_blank" rel="noopener">Find out more</a><br /><br /></p> <h2>Second Auctions - Have Your Say</h2> <p>The All NEMO Committee, representing the SDAC power exchanges, has published a public consultation on the removal of second auctions as part of the market coupling process. Nord Pool encourages all interested members to view and contribute to this consultation on future market development.</p> <p>Deadline for contributions is Monday 8<sup>th</sup> January 2024.</p> <p><a href="https://www.nemo-committee.eu/public-consultations/open-public-consultation-on-the-potential-removal-of-the-so-called-second-auctions" target="_blank" rel="noopener">Read more here</a><br /><br /></p> <h2>A Look at Last Month's prices</h2> <p>Our latest price summary update, hosted by Senior Data Service Specialist Jan Foyn, is now available - providing an update on November&rsquo;s prices.</p> <p><a href="https://www.linkedin.com/posts/nord-pool_nordpool-powermarket-energytrading-activity-7138860604404015105-UxCX?utm_source=share&amp;utm_medium=member_desktop" target="_blank" rel="noopener">Watch the video here</a><br /><br /></p> <h2>E-World - Looking forward to It!</h2> <p>The Nord Pool team is looking forward to catching up with many of our European customers at E-World in Essen, Germany, from 20th to 22nd February 2024.</p> <p>You will be able to find us in Hall 3, Stand 3F100.</p> <p>It will be great to meet customers face-to-face again and together to find out how Nord Pool can better address your business challenges to make European power trading even more simple, efficient and secure.&nbsp;</p> <p>Feel free to <a href="/link/91f2eaeae91d4b8ebb7bf6fb2b8b7293.aspx" target="_blank" rel="noopener">contact your local market manager</a> to arrange a meeting while you are at E-World next year.<br /><br /></p> <h2>Nord Pool Welcomes Trisolaris</h2> <p>Trisolaris AG is a power trading company pairing mathematics with machine learning, big data and some of the most advanced technology available to manage complexities and risks related to electricity supply and demand, as well as optimisation of energy assets. We are very pleased to welcome the business as a new Nord Pool member and look forward to working closely with Trisolaris to deliver simple, efficient and secure power trading.</p> <p style="margin: 0cm; line-height: 120%;">&nbsp;</p> Fri, 15 Dec 2023 14:12:41 +0100 https://www.nordpoolgroup.com/en/message-center-container/newsroom/newsletter/2023/11/nord-pool-connection/ Nord Pool Connection <h2>Saying "No" to MCO Switch</h2> <p>Nord Pool was glad to be a signatory to an open letter from the CEOs of Europe&rsquo;s Nominated Electricity Market Operators, calling for the deletion of the Single Legal Entity (planned to be created to take over the power market&rsquo;s Market Coupling Operator (MCO) function) from the on-going review of the European Electricity Market Design.</p> <p>We feel that transferring the complex, sensitive and already proven to work MCO activity to a completely new, centralised, monopolistic and bureaucratic entity is simply not what the power market needs.</p> <p><a href="/link/6b3e884ab73742c8804588c6017b6638.aspx" target="_blank" rel="noopener"><strong>You can read the letter in full&nbsp; h</strong><strong>ere</strong></a></p> <h2><strong><br /></strong>Nordic Flow-based -&nbsp;Go-live Update</h2> <p>An announcement has been made on a new go-live date for the Nordic Flow-based Market Coupling, with a projected launch of the project now pegged to October 2024.</p> <p>The intended go-live of Q1 2024 was postponed in September but now, pending successful testing and technical readiness of the various parties involved, a new date has been set.</p> <p><strong><a href="/link/db6cdf50a68b4cb5a15c3ece1231b664.aspx" target="_blank" rel="noopener">You can read more here</a></strong></p> <h2><br />Welcome - Flexcity</h2> <p>We are pleased to welcome Flexcity Belgium NV, Flexcity SAS and Flexcity Netherlands as new Nord Pool trading members in Belgium, France and The Netherlands, respectively.&nbsp;&nbsp;</p> <p>Flexcity, a subsidiary of Veolia, is a leading energy technology company and market leader in optimizing the use of flexible electric energy assets.</p> <p>We look forward to working closely with Flexcity to deliver simple, efficient and secure power trading.</p> <h2><br />Staying Compliant in Intraday Trading&nbsp;</h2> <p style="margin: 0cm; line-height: 120%;">A new quarterly newsletter from our Market Surveillance team is now available.</p> <p style="margin: 0cm; line-height: 120%;">&nbsp;</p> <p style="margin: 0cm; line-height: 120%;">Presented in an easy-to-consume format, it provides a summary of the key milestones achieved by our business across the broad range of projects, developments and deliveries which we brought to the market last year; helping to ensure simple, efficient and secure power trading in a challenging environment for the power sector.</p> <p style="margin: 0cm; line-height: 120%;">&nbsp;</p> <p style="margin: 0cm; line-height: 120%;"><a href="/link/73219ead831c4b4d8ea5abb960af4052.aspx" target="_blank" rel="noopener"><strong>Read the newsletter here</strong></a></p> <p style="margin: 0cm; line-height: 120%;"><strong><br /><br /></strong></p> <h2 style="margin: 0cm; line-height: 120%;">Annual Review 2022</h2> <p style="margin: 0cm; line-height: 120%;">&nbsp;</p> <p style="margin: 0cm; line-height: 120%;">Our Annual Review, covering Nord Pool&rsquo;s challenges and achievements in 2022, is now available.</p> <p style="margin: 0cm; line-height: 120%;"><br />Presented in an easy-to-consume format, it provides a summary of the key milestones achieved by our business across the broad range of projects, developments and deliveries which we brought to the market last year; helping to ensure simple, efficient and secure power trading in a challenging environment for the power sector.</p> <p style="margin: 0cm; line-height: 120%;">&nbsp;</p> <p style="margin: 0cm; line-height: 120%;"><a href="/link/e980655f53de4454b44c2adea12ae581.aspx" target="_blank" rel="noopener"><strong>Read the Annual Review in full here</strong></a></p> Thu, 23 Nov 2023 13:33:27 +0100 https://www.nordpoolgroup.com/en/message-center-container/newsroom/newsletter/2023/10/nord-pool-connection/ Nord Pool Connection <h2>Winning the Race to Net Zero: Why Sharing is Caring</h2> <p>As you may already be aware, European Union Electricity Market Reform is proposing day-ahead and intraday liquidity sharing at all times, with the aim of introducing some long overdue changes.&nbsp;&nbsp;</p> <p>At Nord Pool, we think this is a sound idea.</p> <p><a href="/link/ca414b0ffd0d4e4a8af444dbe60c3377.aspx" target="_blank" rel="noopener">Read more here.</a><br /><br /></p> <h2>Welcoming Malaysian Delegation</h2> <p>Nord Pool was delighted recently to host a delegation of senior energy officials from Malaysia, including: Dato&rsquo; Abdul Razak Abdul Majid, Chairman, Tenaga Nasional Berhad; Dato&rsquo; Hamzah Hussin, CEO, Sustainable Energy Development Authority, Malaysia; and Datuk Mohd Hisham Ab Halim, Head BD, TNB Power Generation.</p> <p>A productive discussion explored a wide range of current topics in the power industry, with particular attention on interconnectors, power exchange processes and operations.</p> <p>Nord Pool CEO Tom Darell commented: &ldquo;At Nord Pool we are always open to sharing our experience and expertise around operating a simple, efficient and secure power system. A central question in this regard is how to successfully integrate intermittent renewable energy to drive energy transformation.&rdquo;<br /><br /></p> <h2>Energy Loop Joins</h2> <p>We are pleased to welcome Energy Loop GmbH as the newest trading member in Nord Pool&rsquo;s German day-head and intraday power markets.</p> <p>Energy Loop specialises in the project planning and construction of photovoltaic parks in Germany.</p> <p>We look forward to working closely with Energy Loop GmbH to deliver simple, efficient and secure power trading.<br /><br /></p> <h2>Liquidity in Continental Europe</h2> <p>We often get asked about Nord Pool&rsquo;s market liquidity in, for example, France and Belgium. Our new video takes a look at this issue &ndash; <a href="https://www.linkedin.com/posts/nord-pool_nordpool-powertrading-energymarkets-activity-7120702630837809154-itGw?utm_source=share&amp;utm_medium=member_desktop">watch here</a> and contact our markets team at <a href="mailto:ce@nordpoolgroup.com">ce@nordpoolgroup.com</a> if you would like to know more.<br /><br /></p> <h2>Spotlight on Sustainability</h2> <p>During Euronext&rsquo;s recent sustainability week, Borsa Italiana recorded several videos examining the most relevant and interesting issues in the field of sustainability.<br /><br />Nord Pool&rsquo;s Pietro Rabassi, Executive Vice President - Western and Central Europe, was asked about the future of sustainable energy and electricity markets &ndash; you can hear his views <a href="https://www.linkedin.com/posts/nord-pool_nordpool-powertrading-energymarkets-activity-7122514581083594752-q7Sq?utm_source=share&amp;utm_medium=member_desktop">here.</a><br /><br /></p> <h2>September Summary</h2> <p>In our latest Price Summary Update video Jwalith Desu, our Strategy and Business Developer, gives an insight into the power prices seen in September.</p> <p><a href="https://www.linkedin.com/posts/nord-pool_nordpool-powertrading-energymarkets-activity-7115966631016579072-bGoB?utm_source=share&amp;utm_medium=member_desktop">Watch the video here.</a><br /><br /></p> <h2>Join Our Power Market Course</h2> <p>On Wednesday 8th and Thursday 9th November we host our two-day Physical and Financial Power Market course, at the Hub Hotel in Oslo. Join us to find out more on Europe&rsquo;s leading short- and long-term power markets &ndash; we will be looking at all recent and relevant changes plus potential future developments, plus there will be networking opportunities with the power sector&rsquo;s leading lights.&nbsp;</p> <p><a href="/link/801a68c39f444639ac743e748d2ecec1.aspx">Register now</a></p> <p>&nbsp;</p> Fri, 03 Nov 2023 15:44:40 +0100 https://www.nordpoolgroup.com/en/message-center-container/newsroom/newsletter/2023/09/nord-pool-connection/ Nord Pool Connection <h2>Expert Consulting in Central Asia</h2> <p>Nord Pool Consulting has been selected by the World Bank to lead the creation of a pioneering electricity market pilot in Central Asia.</p> <p>The aim is to enhance regional integration and increase electricity trade, promoting economic growth and energy security while also paving the way for sustainable energy cooperation in the region.</p> <p>You can learn more <a href="/link/b4340aab772a48caa498110e08144ce7.aspx" target="_blank" rel="noopener">here.</a><br /><br /></p> <h2>See You in Paris!</h2> <p>We are hosting a free Nord Pool event in Paris on Thursday evening, the 16<sup>th</sup> November.&nbsp;&nbsp;</p> <p>Our experts will present key power market topics and important updates &ndash; with the opportunity to network afterwards with the energy sector&rsquo;s leading figures, with food and drinks also available, as well as the chance to visit the Euronext&rsquo;s market surveillance room and have a guided tour through the Euronext museum.&nbsp;&nbsp;</p> <p><a href="/link/cdef459fe7b24d99b222fa71eca2b54d.aspx" target="_blank" rel="noopener">Read more and sign up here</a><br /><br /></p> <h2>A Look Back at August</h2> <p>In our latest monthly market update video, Data Analyst Nicol&aacute;s Rivera looks at August&rsquo;s price highlights, reviewing generally low prices in the Nordics, some challenges in Finland, the impact of wind conditions in Denmark, as well as peaks and negative prices in central Europe and an appreciation of cross-border power flows.</p> <p><a href="https://gbr01.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.linkedin.com%2Ffeed%2Fupdate%2Furn%3Ali%3Aactivity%3A7108004376601858048&amp;data=05%7C01%7Cdbeliaeva%40euronext.mail.onmicrosoft.com%7C2af30a31b20c4b1800c808dbbe88be3d%7C315b1ee5c224498b871ec140611d6d07%7C0%7C0%7C638313266745390247%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C3000%7C%7C%7C&amp;sdata=bzCL8q%2F6M0P2eKLbnfGHOc8%2Fxdjdcu34cEolzhc8KtM%3D&amp;reserved=0" target="_blank" rel="noopener">Watch the video here</a>&nbsp;<br /><br /></p> <h2>Pietro is a Model Speaker&nbsp;</h2> <p>On Friday 29th September our Executive Vice President - Western and Central Europe, Pietro Rabassi, will speak at the 10th Annual Electricity Price Forecasting and Modelling Forum, held in Lisbon.</p> <p>Pietro will address the interesting subject of &lsquo;Power and Energy Markets After the Turmoil&rsquo;.</p> <p><a href="https://gbr01.safelinks.protection.outlook.com/?url=https%3A%2F%2Ftbmgroup.eu%2Fetn%2F10th-annual-electricity-price-forecasting-and-modelling-forum%2F&amp;data=05%7C01%7Cdbeliaeva%40euronext.mail.onmicrosoft.com%7C2af30a31b20c4b1800c808dbbe88be3d%7C315b1ee5c224498b871ec140611d6d07%7C0%7C0%7C638313266745390247%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C3000%7C%7C%7C&amp;sdata=BRRQnM38BOz2Sc8xjHM%2B7eVsFUZUWACmJBcOPka9QKo%3D&amp;reserved=0" target="_blank" rel="noopener">Join online here</a>&nbsp;<br /><br /></p> <h2>Welcome NW!</h2> <p>We are very pleased to be able to welcome NW as a new member of Nord Pool&rsquo;s day-ahead and intraday trading markets, in France.</p> <p>NW is a French company specialising in the development of storage battery projects, with nearly 300 MW installed in France.</p> <p>We look forward to working closely with NW to deliver simple, efficient and secure power trading.<br /><br /></p> <h2>Meet Us at Montel French Energy Day</h2> <p>On Thursday 5th October our Key Account Manager Jonas Do will be at the Montel French Energy Day in Paris, ready to answer any questions you may have about trading with Nord Pool in the French energy market.</p> <p><a href="https://gbr01.safelinks.protection.outlook.com/?url=https%3A%2F%2Fmontelgroup.com%2Fevents%2Ffrench-energy-day-2023&amp;data=05%7C01%7CDaria.Beliaeva%40nordpoolgroup.com%7Caba0b29af7c34a3c26db08dbbd88db7a%7C315b1ee5c224498b871ec140611d6d07%7C0%7C0%7C638312167710954534%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C3000%7C%7C%7C&amp;sdata=rTeFj5UIjPdeA6Y6oT5qChqHxohH1G9BLEubkPOFTM4%3D&amp;reserved=0" target="_blank" rel="noopener">Read more and sign up here</a>&nbsp;<br /><br /></p> <h2>DST Testing</h2> <p>In preparation for the forthcoming Autumn Daylight Saving Time (DST) long clock change on Sunday 29<sup>th</sup> October, Nord Pool will facilitate member testing on Thursday 19<sup>th</sup> October.</p> <p>During the Autumn Daylight Saving Time clock change customers can place orders in 25 individual hours. We encourage customers to use this test opportunity to actively place orders and check the results to ensure they are familiar with the process.</p> <p>On Thursday 19<sup>th</sup> October we will run auctions with delivery day Sunday 29<sup>th</sup> October in the test environment. Choose delivery date Sunday 29<sup>th</sup> October in the auction test platform and submit your bids as usual. If you deliver bids via Excel sheets, please remember to download the template for 29<sup>th</sup> October, which contains 25 hours.<br />&nbsp;<br /><a href="https://gbr01.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.nordpoolgroup.com%2Fen%2Ftrading%2FOperational-Message-List%2F2023%2F09%2Fnord-pool-invites-members-to-dst-test-october-19-20230918111600%2F&amp;data=05%7C01%7Cdbeliaeva%40euronext.mail.onmicrosoft.com%7C2af30a31b20c4b1800c808dbbe88be3d%7C315b1ee5c224498b871ec140611d6d07%7C0%7C0%7C638313266745390247%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C3000%7C%7C%7C&amp;sdata=x0NgFWBqGo7EPG1%2FPeiko4hMs6%2BxUgRZDryR2CWqi%2Fk%3D&amp;reserved=0" target="_blank" rel="noopener">Read more here.&nbsp;</a><br /><br /></p> <h2>Power Market Course - Coming Soon!</h2> <p>From Wednesday 8th to Thursday 9th November we are hosting our ever-popular Physical and Financial Power Market course, held at the Hub Hotel in Oslo. This is your chance to learn more about Europe&rsquo;s leading short- and long-term power markets, including&nbsp;all recent and relevant changes plus potential future developments, combined with the opportunity to network with key influencers in the power sector.&nbsp;</p> <p><a href="/link/801a68c39f444639ac743e748d2ecec1.aspx" target="_blank" rel="noopener">Read more and sign up here</a></p> <p>&nbsp;</p> Tue, 26 Sep 2023 17:19:33 +0200 https://www.nordpoolgroup.com/en/message-center-container/newsroom/newsletter/2023/08/nord-pool-connection/ Nord Pool Connection <h2>REMIT on Demand - Staying Compliant&nbsp;</h2> <p class="">The latest newsletter from Nord Pool's dedicated team of&nbsp;Market Surveillance experts examines the potential impact around regulatory compliance of demand bidding and demand flexibility.&nbsp;</p> <p class="" style="margin: 0cm; line-height: 120%;">A lack of understanding could lead market participants to commit a breach of REMIT, so our Market Surveillance team looks at what demand flexibility is and why it is important and then considers interpretation of REMIT around demand. Plus there are some suggested actions to ake to make sure orders and transactions genuinely reflect the available demand flexibility.<br /><br /></p> <p class="" style="margin: 0cm; line-height: 120%;">To find out more, read the team's latest newsletter <a href="/link/18338398f16a472e9d264b8951c45e55.aspx" target="_blank" rel="noopener">here.</a><br /><br /></p> <h2 style="margin: 0cm; line-height: 120%;">Join Our Free Webinars&nbsp;</h2> <p class="">As part of the Euronext sustainability week, we will be hosting two free webinars next month, focusing on renewable energy in the power sector.&nbsp;</p> <p class="">On&nbsp;Monday&nbsp;4th September, Nord Pool's&nbsp;Business and Strategy Developer Giulia Gamberi will join Stephen Woodhouse from Afry and Toby Ferenczi from Granular Energy, to discuss the benefits of Granular renewable energy certificates.&nbsp;<a href="/link/add9397ab6c442c0a2f878e9e2a67a48.aspx" target="_blank" rel="noopener">Read more and sign up here.</a></p> <p>Then, on&nbsp;Friday&nbsp;8th September,&nbsp;Julien Coss&eacute;, Chief Strategy Officer at Nord Pool, will explain our role in the energy transition and some of the innovative partnerships we are involved in. <a href="/link/664a11d18eec40668415c14d08e75619.aspx" target="_blank" rel="noopener">Read more and sign up here.</a></p> <h2>Improving Our Margin Model</h2> <p>We will soon be introducing some important improvements to our margin model, to ensure efficient and secure operations for all our members. Nord Pool will be applying a Credit Risk Adjustment Multiplier to members' total collateral call with the aim of reducing collateral calls for members found to be lower risk, according to Nord Pool&rsquo;s analysis.<br /><br />The intention is to better reflect the credit risk that Nord Pool takes on, while also making life simpler for members who consistently meet collateral calls and pay amounts due in a timely manner. No member should have an increased collateral call after this credit risk adjustment is implemented.</p> <p><a href="/link/256c690733d04179b5fcccb300ae9fb2.aspx" target="_blank" rel="noopener">Learn more here.</a></p> <h2>Secure FTP Protocol Coming&nbsp;</h2> <p>We are always looking to ways to provide&nbsp;our customers with a more secure and reliable data transfer experience. In pursuit of that goal, we will be transitioning to a secure FTP protocol on Friday 1st December 2023.</p> <p style="margin: 0cm; line-height: 120%;">From that date the currently used FTP protocol will no longer be supported. To continue using our FTP services seamlessly, customers will need to update FTP client settings to reflect the new URL.</p> <p style="margin: 0cm; line-height: 120%;">&nbsp;</p> <p style="margin: 0cm; line-height: 120%;">If you encounter any issues or have questions, our support team is ready to help via our <a href="https://support.nordpoolgroup.com/support/home">support portal.</a>&nbsp;</p> <p style="margin: 0cm; line-height: 120%;">&nbsp;</p> <h2 style="margin: 0cm; line-height: 120%;">See You in Oslo!</h2> <p>We look forward to meeting customers in Oslo at the Montel Group Nordic Energy Day on Thursday 24 August.</p> <p>Our experts will be on hand to answer any questions you might have about Nord Pool and the Nordic energy market.</p> <p><a href="https://montelgroup.com/events/nordic-energy-day-2023?tab=overview" target="_blank" rel="noopener">Read more and sign up here.&nbsp;</a></p> <p>&nbsp;</p> <p>&nbsp;</p> Fri, 18 Aug 2023 15:02:20 +0200 https://www.nordpoolgroup.com/en/message-center-container/newsroom/newsletter/2023/07/nord-pool-connection/ Nord Pool Connection <h2>Have a Great Summer!</h2> <p>Now that the sun is out, we want to wish all our customers, followers and stakeholders a very happy summer.&nbsp;</p> <p>This year, we asked some of our employees; "What&rsquo;s your favourite thing about the summer?"</p> <p><a href="https://www.linkedin.com/feed/update/urn:li:activity:7084474403970777088" target="_blank" rel="noopener">You can watch the video to see what they answered!</a>&nbsp;<br /><br />Enjoy the summer and your well-earned holidays, from everyone at Nord Pool.</p> <h2><br />A Flexible Option</h2> <p>Tired of having multiple APIs and interfaces to participate in multiple markets? Not sure how to efficiently harness flexibility and have a better value stack?</p> <p>Recently we had highly productive discussions with market participants in Amsterdam on how Flexiswitch can serve the market better in delivering flexibility while being simple, efficient and secure.</p> <p>Flexiswitch is an initiative started by Nord Pool and the Equigy crowd balancing platform, which enables technical connectivity between the Dutch aFRR and Nord Pool&rsquo;s intraday markets.</p> <p>If you would like to be part of the initiative, contact our Business Developer&nbsp;<a href="mailto:jwalith.desu@nordpoolgroup.com" target="_blank" rel="noopener">Jwalith Desu.</a></p> <p>&nbsp;</p> <h2>Unravelling June Prices</h2> <p>Our latest look at prices is hosted by Trading Adviser Ida &Oslash;deg&aring;rd, who gives an update on what went on in June.</p> <p>Watch her video to learn more about what happened with last month's prices and why.</p> <p><a href="https://www.linkedin.com/posts/nord-pool_market-update-video-june-activity-7083029392607592448-IToS?utm_source=share&amp;utm_medium=member_desktop" target="_blank" rel="noopener">Watch the video here</a></p> <p>&nbsp;</p> <h2>Nord Pool Academy - Find Out More</h2> <p>The first half of 2023 has seen some great events delivered by Nord Pool Academy including:<br /><br /></p> <ul> <li> <p>A Physical &amp; Financial Power Markets Course at beautiful Ilsetra in Norway, where 70 people from four continents gathered to learn more.</p> </li> <li> <p>Monthly Certified Compliance Courses with our dedicated Market Surveillance department&nbsp;helping attendees from across the power sector.</p> </li> <li> <p>A visit to Bergen for The Physical &amp; Financial Power Market Course and The Post Pandemic Power Participation course and cruise. Attendees heard from some great speakers sharing their experiences from the power market, plus&nbsp;networking and dinner with industry contacts.</p> </li> <li> <p>Our industry experts visiting South Africa, Brazil and a wide variety of European countries to present tailor-made power market courses and workshops for government and private stakeholders.</p> </li> </ul> <p><br />We look forward to meeting many of you after the summer in our next batch of Academy courses.</p> <p><a href="/link/211f9bd706f34a2fb88266d6ed9de26e.aspx" target="_blank" rel="noopener">Read more here</a></p> Fri, 14 Jul 2023 08:10:01 +0200 https://www.nordpoolgroup.com/en/message-center-container/newsroom/newsletter/2023/06/nord-pool-connection/ Nord Pool Connection <h2>Learning to Share</h2> <p>It is Nord Pool&rsquo;s long-held belief that shared order books, in both intraday and day-ahead timeframes, are essential to enable full and fair competition between power exchanges in Europe. The recent EC proposals on power market reform suggested market operators should share their liquidity in all timeframes until delivery. In our view, the sharing of order books should be mandatory whenever technically possible.&nbsp;</p> <p>Nord Pool has campaigned for a shared order book in local intraday markets after cross-zonal gate closure for a very long time. It would benefit multi-NEMO competition and aid efficient integration of renewable generation.&nbsp;</p> <p><a href="/link/87e8d7accab0432bb4395a403a209fcd.aspx" target="_blank" rel="noopener">Read more here</a><br /><br /></p> <h2>Day-Ahead Threshold Changes</h2> <p>In response to some recent threshold challenges experienced in the day-ahead market, power exchanges are set to change the threshold which triggers a second auction.</p> <p>The aim is to maintain secure and robust operation of the market &ndash; find out more about it <a href="/link/915d0b8d85e04cf881e34f4ca70c18d6.aspx" target="_blank" rel="noopener">here.</a><br /><br /></p> <h2>Discussing the Energy Crisis in Europe</h2> <p>Nord Pool&rsquo;s Executive Vice President - Western and Central Europe, Pietro Rabassi, will be sharing his expert views during the Digital Transformation in the Energy Sector Forum in Amsterdam, on Wednesday 28th June.&nbsp;</p> <p>You can sign up for the event (held virtually and in-person)<a href="https://berlin-energy-summit.com/etn/digital-transformation-in-the-energysector-forum-2023-26-27-28-june-2-023-in-person-virtual-amsterdam-netherlands/" target="_blank" rel="noopener"> here.</a><br /><br /></p> <h2>Comply - with our Course!</h2> <p>Want to stay up to date on how to comply with REMIT and transparency regulation?</p> <p>Our next online Certified Compliance Course is coming very soon!</p> <p>The course consists of two parts:</p> <p>1) Online material you cover in your own time</p> <p>2) Live Q&amp;A session&nbsp;</p> <p>So sign up now to access the online material &ndash; the next live Q&amp;A session takes place on Thursday 29th June.</p> <p><a href="/link/0f20ce7019494c0a9727a06602e106b8.aspx" target="_blank" rel="noopener">Register now</a>&nbsp;<br /><br /></p> <h2>Great To See You in Finland!</h2> <p>Our Finland market manager Vassi Kujala was pleased to see so many Nord Pool customers at the Montel Finnish Energy day earlier this month.</p> <p>If you were unable to attend and would like to talk about trading in Finland, Vassi will be delighted to hear from you. You can contact him <a href="/link/deadff0a27e843798470d3556e3e91b6.aspx">here.</a><br /><br /></p> <h2>May the Price&nbsp;Be with You!</h2> <p>May was an interesting month where power prices were concerned.</p> <p>In our latest video summary, Nord Pool's Data Analyst Nicolas Rivera takes a look at last month's prices and give some insights on what was going on.</p> <p><a href="https://www.linkedin.com/posts/nord-pool_market-update-video-may-2023-activity-7071441102809030656-dHY7?utm_source=share&amp;utm_medium=member_desktop" target="_blank" rel="noopener">Watch the video here&nbsp;</a></p> Thu, 22 Jun 2023 10:54:55 +0200 https://www.nordpoolgroup.com/en/message-center-container/newsroom/newsletter/2023/05/nord-pool-connection/ Nord Pool Connection <h2>New Paper Explores Clean Energy</h2> <p>One of the most significant actions an individual or organization can take to reduce carbon emissions and support the green energy transition, is to choose carbon-free electricity.</p> <p>There is now widespread support for a shift from established Energy Attribute Certificates (EACs) (&lsquo;Guarantees of Origin&rsquo; (GOs)) to a sub-hourly matching period using timestamped energy certificates. This would enable more credible green energy products and establish an important new price signal for energy storage and flexibility.</p> <p>Our new joint whitepaper with Granular Energy and AFRY Management Consulting&nbsp;explores the application of time-stamped energy certificates (also called granular certificates or GCs) in electricity market design and their potential to accelerate the deployment of technologies delivering clean energy.</p> <p><a href="/link/26c6aa4dabf24761a8a56eccd0fb1d5f.aspx" target="_blank" rel="noopener">Read more here</a></p> <h2><br />15 Minute Intraday for the Nordics</h2> <p>Alongside the Nordic TSOs changing the Imbalance Settlement Period in the Nordic region to 15 minutes, earlier this month, Nord Pool has introduced the opportunity to trade with 15 minute products in the affected countries (Finland, Denmark and Sweden - not Norway, due to restrictions from the local TSO).&nbsp;</p> <p>Trading has started with intrazonal intraday products only. Trading between price areas will be possible when the TSOs implement 15 minute transmission capacity allocation for the related cross-border capacities.</p> <p>For further information&nbsp;<a href="/link/cf2b31dda37d4813ac743c560dfd186e.aspx" target="_blank" rel="noopener" data-cke-saved-href="https://www.nordpoolgroup.com/en/trading/join-our-markets/market-managers/">contact your Market Manager.</a></p> <h2><br />How the Market Adds Up</h2> <p>Want to learn more about how the Power Price Calculation works?&nbsp;&nbsp;</p> <p>In our new video, Nord Pool Trading Advisor <a href="https://gbr01.safelinks.protection.outlook.com/?url=https%3A%2F%2Fno.linkedin.com%2Fin%2Fida-buhr-%25C3%25B8deg%25C3%25A5rd-2b7960165%2Fen%3Ftrk%3Dorganization_guest_main-feed-card-text&amp;data=05%7C01%7CDaria.Beliaeva%40nordpoolgroup.com%7Cfa3eaecb28104ffd9b8708db5b723a06%7C315b1ee5c224498b871ec140611d6d07%7C0%7C0%7C638204318376729751%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C3000%7C%7C%7C&amp;sdata=737CIzXWt%2Ba%2Fx58wyQgQIZKhXllyQqYP1U0C1ufOeUE%3D&amp;reserved=0" target="_self" data-cke-saved-href="https://gbr01.safelinks.protection.outlook.com/?url=https%3A%2F%2Fno.linkedin.com%2Fin%2Fida-buhr-%25C3%25B8deg%25C3%25A5rd-2b7960165%2Fen%3Ftrk%3Dorganization_guest_main-feed-card-text&amp;data=05%7C01%7CDaria.Beliaeva%40nordpoolgroup.com%7Cfa3eaecb28104ffd9b8708db5b723a06%7C315b1ee5c224498b871ec140611d6d07%7C0%7C0%7C638204318376729751%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C3000%7C%7C%7C&amp;sdata=737CIzXWt%2Ba%2Fx58wyQgQIZKhXllyQqYP1U0C1ufOeUE%3D&amp;reserved=0">Ida &Oslash;deg&aring;rd</a>, explains all about it.</p> <p><a href="https://www.linkedin.com/feed/update/urn:li:activity:7057305538467889152" target="_blank" rel="noopener">Watch the video here</a></p> <h2><br />Make Sure You are Complying!</h2> <p>Stay up to date on how to comply with REMIT and transparency regulation through our monthly online Certified Compliance Course.</p> <p>In this easy to access course our dedicated Market Surveillance experts share how to comply with the most recent laws and regulations governing the European physical power market.&nbsp;</p> <p><a href="/link/0f20ce7019494c0a9727a06602e106b8.aspx" target="_blank" rel="noopener">Register now</a></p> <p>&nbsp;</p> <h2>E-World - Great To See You!</h2> <p>The Nord Pool team was delighted to meet so many of our customers from across Europe at E-World in Essen, earlier this month.</p> <p>We have plenty to work on when it comes to making your trading life more efficient, simple and secure, as a result of our many meetings and discussions held over the event&rsquo;s three days.</p> <p>At Nord Pool we are always ready to help address our customers&rsquo; business challenges.&nbsp;</p> <p>If you have something you would like to chat about, you can always <a href="/link/cf2b31dda37d4813ac743c560dfd186e.aspx" target="_blank" rel="noopener" data-cke-saved-href="https://www.nordpoolgroup.com/en/trading/join-our-markets/market-managers/">get in touch with your Market Manager.</a><br /><br /></p> <h2><br />What Influenced April's Prices?</h2> <p>In Nord Pool&rsquo;s latest market update video our Senior Data Service Specialist <a href="https://gbr01.safelinks.protection.outlook.com/?url=https%3A%2F%2Fno.linkedin.com%2Fin%2Fjan-foyn-418b0b9b%2Fen%3Ftrk%3Dorganization_guest_main-feed-card-text&amp;data=05%7C01%7CDaria.Beliaeva%40nordpoolgroup.com%7C0755b586fe7c40609d2108db5b73491e%7C315b1ee5c224498b871ec140611d6d07%7C0%7C0%7C638204322920725108%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C3000%7C%7C%7C&amp;sdata=W1ddDVyBWr4MPSE%2BQwfv085WC5ongglvEl4hYwv5gQE%3D&amp;reserved=0" target="_self" data-cke-saved-href="https://gbr01.safelinks.protection.outlook.com/?url=https%3A%2F%2Fno.linkedin.com%2Fin%2Fjan-foyn-418b0b9b%2Fen%3Ftrk%3Dorganization_guest_main-feed-card-text&amp;data=05%7C01%7CDaria.Beliaeva%40nordpoolgroup.com%7C0755b586fe7c40609d2108db5b73491e%7C315b1ee5c224498b871ec140611d6d07%7C0%7C0%7C638204322920725108%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C3000%7C%7C%7C&amp;sdata=W1ddDVyBWr4MPSE%2BQwfv085WC5ongglvEl4hYwv5gQE%3D&amp;reserved=0">Jan Foyn</a> takes a look at last month's power prices.</p> <p>You can catch up on Jan&rsquo;s thoughts,<a href="https://www.linkedin.com/feed/update/urn:li:activity:7059807164017573888" target="_blank" rel="noopener" data-cke-saved-href="https://www.linkedin.com/feed/update/urn:li:activity:7059807164017573888"> here.</a></p> Fri, 26 May 2023 10:58:58 +0200 https://www.nordpoolgroup.com/en/message-center-container/newsroom/newsletter/2023/04/nord-pool-connection/ Nord Pool Connection <h2>E-World - See You There!</h2> <p class="">The Nord Pool team is looking forward to catching up with customers at E-World in Essen, Germany, from 23rd May to 25th May.</p> <p class="">You can find us in Hall 3 booth 225.</p> <p class="">It will be great to meet many of you there and to look at ways Nord Pool can help address your business challenges to make European power trading more simple, efficient and secure.&nbsp;</p> <p class="">Feel free to contact us if you would like to arrange a meeting while you are at E-World.</p> <p class=""><a href="/link/cf2b31dda37d4813ac743c560dfd186e.aspx" target="_blank" rel="noopener">Contact us&nbsp;</a><br /><br /></p> <h2>Interested in Last Month's Energy Prices?</h2> <p class="" style="margin: 0cm; line-height: 120%;">Watch our latest price analysis video presented by Nord Pool's Strategy and Business Developer Jwalith Desu, which takes a look back at power prices in March and what may have influenced them.</p> <p class="" style="margin: 0cm; line-height: 120%;">&nbsp;</p> <p class="" style="margin: 0cm; line-height: 120%;">Watch the video <a href="https://www.linkedin.com/feed/update/urn:li:activity:7049312948351115264/">here.&nbsp;</a></p> <p style="margin: 0cm; line-height: 120%;">&nbsp;</p> <p style="margin: 0cm; line-height: 120%;">&nbsp;</p> <h2>Join our Physical and Financial Power Market Course</h2> <p>From 3rd to 5th May we are hosting a three-day course in beautiful Bergen, Norway, where you can learn more about the Physical and Financial Power Market, get a chance to turn theory into practice with an exclusive visit to floating wind turbines,&nbsp;plus take the opportunity to network with key influencers in the power sector.&nbsp;</p> <p><a href="/link/15a5acbef56e4246ab7cff8ab5ba25e4.aspx" target="_blank" rel="noopener">Register now</a></p> <p>&nbsp;</p> <h2>What influences power price formation?</h2> <p>In our new video, Nord Pool CEO Tom Darell takes a look at how a robust and reliable power market works.</p> <p>Watch the video<a href="https://www.linkedin.com/feed/update/urn:li:activity:7051869165011288065/"> here.&nbsp;</a><br /><br /></p> <h2>Data Retention Change - Intraday UI</h2> <p>Nord Pool is redesigning its database to provide a more stable and efficient service. This will mean some changes to data retention for UI users (API users will retain access to all historical data).<br /><br />After the change, UI users will only be able to retrieve 120 days of&nbsp;historical data - the change will be released in our Member Test environment during April and will be in our Production environment during Q2 2023.<br /><br />If you are a UI user requiring more than 120 days historical data you can:</p> <ul> <li>Switch to API usage for these use case, or</li> <li>Start taking regular snapshots of your activity from UI and build a local database if needed</li> </ul> <p>More information is available in our <a href="https://nordpool.freshdesk.com/support/solutions/articles/8000054857" target="_blank" rel="noopener">Intraday User Guide.</a></p> <p>Or contact your local Market Manager <a href="/link/cf2b31dda37d4813ac743c560dfd186e.aspx" target="_blank" rel="noopener">here.</a><br /><br /></p> <h2>A Cornerstone of Energy Cooperation</h2> <p>We were pleased recently to see Nord Pool described as &lsquo;a cornerstone of Nordic energy cooperation and an important factor in ensuring&hellip; sustainable and safe energy supply&rsquo; in an opinion piece by &Aring;slaug Marie Haga, Head of Renewables Norway, the non-profit industry&nbsp;organisation representing about 400 companies involved in the production, distribution and trading of electricity in Norway.</p> <p style="margin: 0cm; line-height: 120%;">The full article (in Norwegian) is available <a href="https://www.altinget.no/klima/artikkel/nord-pool-er-en-hjoernestein-i-det-nordiske-energisamarbeidet" target="_blank" rel="noopener">here.</a></p> <p style="margin: 0cm; line-height: 120%;">&nbsp;</p> <p style="margin: 0cm; line-height: 120%;">&nbsp;</p> <h2 style="margin: 0cm; line-height: 120%;">Register for SDAC Decoupling Test</h2> <p>Nord Pool members can register now for the Single Day-Ahead Coupling full decoupling test to be held on 11the May.</p> <p>To participate in the test, please email: <a href="mailto:support@nordpoolgroup.com">support@nordpoolgroup.com</a> by 3<sup>rd</sup> May at the latest, when full details will be provided.</p> Mon, 24 Apr 2023 16:19:55 +0200 https://www.nordpoolgroup.com/en/message-center-container/newsroom/newsletter/2023/03/nord-pool-connection3/ Nord Pool Connection <h2>Nord Pool and BRM Partner for New Romanian Exchange</h2> <p>Nord Pool recently announced an agreement for cooperation and system delivery with Bursa Rom&acirc;nă de Mărfuri S.A. (BRM).</p> <p>Under the agreement, Nord Pool will assist BRM in its goal of becoming Romania&rsquo;s representative energy exchange. Nord Pool will deliver software and consulting services to create the market systems allowing BRM to operate in the European single day-ahead and intraday markets as a Nominated Electricity Market Operator (NEMO - power exchange).</p> <p><a href="/link/73ce65f15cfd4a4b885491bb55ac7d65.aspx" target="_blank" rel="noopener">Read the full story here</a><br /><br /></p> <h2>Market Reform Consultation - Our View</h2> <p>The European Commission recently held a consultation on its proposal for amendments to electricity market design. As Europe&rsquo;s leading power market, Nord Pool provided input to the Commission&rsquo;s consultation. Now we have published a white paper setting out our viewpoints.</p> <p>We viewed as especially positive, suggestions for a cross-border intraday gate closure closer to real time and the suggestion that market operators should share their liquidity in all timeframes until delivery &ndash; something Nord Pool has long campaigned for!</p> <p><a href="/link/880682b00bfc44c7bebc7de028409a3b.aspx">Read our views in full here</a><br /><br /></p> <h2>New Trading Platform Features</h2> <p>We are pleased to offer two new features&nbsp;to Nord Pool&rsquo;s trading platforms.<br /><br />Firstly our new reasonability check is provided by Nord Pool in the day-ahead auction system where submitted curve orders are compared with previous trading days. Substantial deviation based on the reference day price will flag the submitted curve order, making it easier to identify erroneous bids.<br /><br />A curve order that does not pass the reasonability check will be flagged and shown with a yellow bar in the Trading UI. Responsibility for submitting correct orders lies with members - unintentional errors or ignorance can be seen as market manipulation under REMIT.<br /><br />For more details see the auction systems user&nbsp;<a href="https://nordpool.freshdesk.com/support/solutions/articles/8000107728" target="_blank" rel="noopener">guide.</a><br /><br />Secondly, as an intraday market back-up solution for our Polish market, during planned or unplanned service breaks of the XBID platform of the Single Intraday Coupling (SIDC) process, Nord Pool will open local intraday contracts to our trading system.<br /><br />This will allow our customers to continue to trade on the intraday market, within the Polish bidding zone, while waiting for XBID to come back online.<br /><br />Follow this&nbsp;<a href="https://nordpool.freshdesk.com/support/solutions/articles/8000085295" target="_blank" rel="noopener">link</a>&nbsp;for more details.<br /><br /></p> <h2>Power Markets Course and Post Pandemic Power Participation</h2> <p>Join the Nord Pool Academy team, plus expert special guests,&nbsp;in Bergen, Norway for&nbsp;our highly successful course on Europe&rsquo;s power markets and&nbsp;our long-awaited Post Pandemic Power Participation networking event!&nbsp;</p> <p>Held Wednesday&nbsp;3<sup>rd</sup>&nbsp;to Friday&nbsp;5<sup>th</sup>&nbsp;May, delegates can choose to attend all or just some of what is on offer with this unique power market course.</p> <p><a href="/link/15a5acbef56e4246ab7cff8ab5ba25e4.aspx">Register now</a><br /><br /></p> <h2>Find Out About February Prices</h2> <p>Interested in what happened in the power market last month? In our latest summary video, Nord Pool Trading Advisor Christian Traeland, gives an overview of February 2023 prices and explains some of the influences on price formation.</p> <p><a href="https://www.linkedin.com/feed/update/urn:li:activity:7038463229576065024" target="_blank" rel="noopener">Watch the video here</a><br /><br /></p> <h2>New Functionality on API</h2> <p>To save users of our auction API having to actively poll for results, Nord Pool has created a gRPC (high performance remote procedure call) providing a one-way streaming notification of both preliminary and final auction results.</p> <p>API users can now listen for results notification and need only poll for trade results once it has been received, giving a much more event-based experience.</p> <p>A full user guide is available&nbsp;<a href="https://developers.nordpoolgroup.com/reference/grpc-api" target="_blank" rel="noopener">here.</a><br /><br /></p> <h2>DST Reminder</h2> <p>Don&rsquo;t forget there is a clock change on Sunday 26<sup>th</sup>&nbsp;March. With the transition from wintertime to summertime, the clocks go forward one hour at 02:00 CET, meaning Sunday 26<sup>th</sup>&nbsp;will have 23 trading hours.</p> <p>If you have questions or require support, please email:&nbsp;<a href="mailto:support@nordpoolgroup.com" target="_blank" rel="noopener">support@nordpoolgroup.com</a></p> Fri, 24 Mar 2023 09:04:43 +0100 https://www.nordpoolgroup.com/en/message-center-container/newsroom/newsletter/2023/02/nord-pool-connection2/ Nord Pool Connection <h2><strong>Nord Pool + Equigy = Power Flexibility!</strong></h2> <p>We are pleased to be partnering with European crowd balancing platform Equigy to create a new way to trade energy flexibility&nbsp;in the Dutch intraday power market.</p> <p>The project &ndash; FlexiSwitch &ndash; aims to reduce barriers to market entry for small scale&nbsp;flexibility&nbsp;service providers, offering a structure that connects them to&nbsp;balancing and wholesale energy markets. This will make access to trading simpler and more efficient so&nbsp;they can trade easily and have the choice of where to place their flexibility.</p> <p><a href="/link/54e99def5eb649f6bcf6e4493d092e16.aspx" target="_blank" rel="noopener">Read the full story here&nbsp;</a><br /><br /></p> <h2><strong>Celebrating 30 Years</strong></h2> <p>In 2023 Nord Pool celebrates 30 years since it was first founded. 30 years of powering the market.</p> <p>In our latest short video our CEO, Tom Darell, discusses how Nord Pool pioneered cross-border power trading and how we continue to collaborate with stakeholders across Europe and the world, to make the power system more robust in a time of increased unpredictability.</p> <p><a href="https://www.linkedin.com/feed/update/urn:li:activity:7033389798505496576">Watch the video here</a><br /><br /></p> <h2><strong>First Look at Second Auction</strong></h2> <p>In their latest quarterly newsletter, the experts in our dedicated&nbsp;Market Surveillance&nbsp;team address an important development in the markets &ndash; second auctions.</p> <p>Taking as its focus the Nordic, Baltic and western central European markets, this latest newsletter&nbsp;summarises the operational procedure for second auctions; explains the purpose of the second auction; and also addresses the key question of how market participants can modify orders, while still remaining compliant with REMIT.</p> <p><a href="/link/438e5459c8564c66a0472afdc33152e6.aspx">Read the newsletter here</a></p> <p>&nbsp;</p> <h2><strong>Certified Compliance Course<br /></strong></h2> <p>Let our dedicated Market Surveillance experts share their decades-worth of experience on how to comply with the most recent laws and regulations governing the European physical power market.&nbsp;&nbsp;</p> <p>Nord Pool Academy&rsquo;s next compliance course is held online on&nbsp;Monday 27th February and&nbsp;is ideal for anyone who needs to understand how the European physical power market is regulated.&nbsp;&nbsp;</p> <p><a href="/link/46a408e471e24553a9ce360896f6caa9.aspx">Register here</a><br /><br /></p> <h2><strong>Reviewing January Prices</strong></h2> <p>If you are interested in what happened in the power market last month, Peder Grimstad Helset from Nord Pool&rsquo;s dedicated Market Surveillance team has produced a short video to summarise January 2023 prices and examine what may have influenced them.</p> <p><a href="https://www.linkedin.com/feed/update/urn:li:activity:7031781698765754368">Watch the video here</a></p> Tue, 21 Feb 2023 11:08:43 +0100 https://www.nordpoolgroup.com/en/message-center-container/newsroom/newsletter/2023/01/nord-pool-connection/ Nord Pool Connection <h2>Welcome to 2023 - 30 years of Nord Pool!</h2> <p><img src="/link/47dd40f62ec0493a887c9f0db65f9215.aspx" alt="" width="615" height="237" /></p> <p>As we welcome the New Year, Nord Pool is celebrating it&rsquo;s 30<sup>th</sup>&nbsp;anniversary - three decades powering the market.</p> <p>In 1993 Nord Pool began, as a solely Norway-based business, called Statnett Marked. Just three years later, we pioneered cross-border power trading, establishing Nord Pool as a name for the first time, with a Norwegian-Swedish power exchange.</p> <p>Since Nord Pool achieved a world first by organising cross-border power trading, we have continued to shape Europe&rsquo;s coupled power market.</p> <p>We thank all our customers, partners and other stakeholders for their support for Nord Pool&rsquo;s work over the past 30 years &ndash; we hope you enjoy a peaceful and prosperous 2023.<br /><br /></p> <h2>Announcing 2022 Trading Figures</h2> <p>Nord Pool has announced trading figures for 2022, with the year revealing solid growth across our markets.</p> <p>During 2022 a total of 1077 TWh of power was traded through Nord Pool. The Nordic and Baltic day-ahead market traded 696.34 TWh and the UK day-ahead market 232 TWh, while Nord Pool&rsquo;s western and central Europe day-ahead market achieved 111.1 TWh of power traded by year end. Total intraday trading for the year stood at 37.7 TWh.</p> <p>Tom Darell, CEO at Nord Pool, said: &ldquo;In 2022 we witnessed unprecedented market volatility including record high prices, which put the operation of a transparent and efficient power market under intense pressure. Against such a backdrop it has been good to see Nord Pool continuing to record strong and steady annual trading figures. Customers across Europe continue to place a great deal of trust in Nord Pool delivering simple, efficient and secure power trading.&rdquo;&nbsp;</p> <p><a href="/link/1e22668e44e34d4a8ec39e49e30ff557.aspx" target="_blank" rel="noopener">You can read more here.&nbsp;</a><br /><br /></p> <h2>Helping the Energy Transition</h2> <p>Nord Pool is delighted to have joined&nbsp;<a href="https://smarten.eu/" target="_blank" rel="noopener">smartEn</a>&nbsp;the European business association supporting the renewable energy system. We look forward to working with the organisation and its diverse membership to help realise Europe&rsquo;s green energy transition.<br /><br /></p> <h2>Lina Provides Expertise</h2> <p>Nord Pool&rsquo;s Director of Services, Lina Masiuliene, has been appointed to the Supervisory Board of Ukraine&rsquo;s JSC &lsquo;Market Operator&rsquo;, where her wealth of experience around day-ahead and intraday power market operation will provide invaluable insight.</p> <p><a href="https://www.linkedin.com/posts/jsc-market-operator_the-ministry-of-energy-of-ukraine-appointed-activity-7015987804157407232-m4vC/?utm_source=share&amp;utm_medium=member_desktop" target="_blank" rel="noopener">You can read more here.</a><br /><br /></p> <h2>ACER decides on HMMCP</h2> <p>We are pleased to share that ACER has provided a long-anticipated decision on the Harmonised Maximum and Minimum Clearing Prices (HMMCP) methodologies for the Single Day-Ahead Coupling and Single Intraday Coupling &ndash; which are now in force.</p> <p>You can find full details of the decision<a href="/link/d9282cb4a375455491782678eba99418.aspx" target="_blank" rel="noopener">&nbsp;here.</a></p> <p>If you have any questions on this please contact:&nbsp;<a href="mailto:support@nordpoolgroup.com">support@nordpoolgroup.com</a><br /><br /></p> <h2>Have Your Say on SDAC Products</h2> <p>A public consultation on the products to be included in the Single Day-Ahead Coupling methodology has now been opened.</p> <p>Interested parties can have their say&nbsp;<a href="https://www.nemo-committee.eu/public-consultations/-open-public-consultation-on-sdac-products" target="_blank" rel="noopener">here.</a><br /><br /></p> <h2>Sharing Balkans Expertise</h2> <p>We were delighted that our market coupling specialist Isidora Micic was able to present at a specially arranged event to examine energy initiatives for the western Balkan region, recently.</p> <p>This gathering was held at Norway&rsquo;s Ministry of Foreign Affairs to hear from a variety of expert stakeholders about how Norwegian knowledge can assist the development of the power sector in the area.</p> <p><a href="https://www.linkedin.com/posts/norbba_important-discussions-on-renewable-energy-activity-7016685197433683968-7vGe?utm_source=share&amp;utm_medium=member_desktop" target="_blank" rel="noopener">Find out more here.&nbsp;</a></p> <p>&nbsp;</p> Tue, 24 Jan 2023 14:03:56 +0100 https://www.nordpoolgroup.com/en/message-center-container/newsroom/newsletter/2022/12/nord-pool-connection/ Nord Pool Connection <h2>Seasonal Greetings to all our Customers</h2> <p><img src="/link/71df61f9064c45ee806e901dac86f5f5.aspx" alt="" width="611" height="344" /></p> <p>2022 was undoubtedly an unpredictable year for the Nord Pool team, our customers and many of those working in the energy sector.</p> <p>Despite some of the challenges presented throughout the year, we have once again enjoyed working closely with our customers across Europe and the world.</p> <p>We place particular value in your honest feedback on our products and services and in the on-going trust that you display by trading with Nord Pool.</p> <p>We want to take this opportunity to wish all our customers the very best for the festive season and the New Year, as we look forward to a peaceful and prosperous 2023!</p> <p class="" style="margin: 0cm; line-height: 120%;">&nbsp;</p> <p style="margin: 0cm; line-height: 120%;">&nbsp;</p> <h2 style="margin: 0cm; line-height: 120%;"><span style="color: null;">New Auction Feature: Order Submission - Multiple Days</span></h2> <p>We have a new feature in our auction platform allowing members to submit orders for multiple delivery days at one time, via the upload button. This makes life simpler for members wanting to submit an identical order for multiple future delivery days, without uploading each individual day.</p> <p>This feature is available now: select Upload&nbsp; -&nbsp; Multiple delivery days - Select delivery period and delivery days - Choose the Excel file with order(s) - Submit</p> <p class=""><span style="color: null;"><a href="https://support.nordpoolgroup.com/support/solutions/articles/8000105968">For further information please refer to the user guide.</a><br /><br /></span></p> <h2><span style="color: null;">15 Minute MTU: Member Test Now</span></h2> <p>Member testing is now available for 15-minute products in our auction test environment; customers can start testing order submissions and results with 15 minute resolution. The test auction will run every day at 14:30 CET, with Nord Pool entering sample orders to ensure there is liquidity.</p> <p>To participate, select the following auction from the market drop-down list in the member testing environment:</p> <p>Auction product name: Test Quarter Hour Day Ahead</p> <p>Link to test environment:<a href="https://sso.test.nordpoolgroup.com/login?signin=6f1820d17ba340158282c36e76320a37"> https://auctions2.test.nordpoolgroup.com/</a></p> <p>Members using the Auction API should use product Id:&nbsp; Auction product Id: Test_QH_DA_1</p> <p>Members with active portfolios in any day-ahead (SDAC) area have automatic access. For new test users or portfolios email: <a href="mailto:support@nordpoolgroup.com">support@nordpoolgroup.com</a></p> <p style="margin: 0cm; line-height: 120%;">&nbsp;</p> <p style="margin: 0cm; line-height: 120%;">&nbsp;</p> <h2 style="margin: 0cm; line-height: 120%;">New Year Power Market Course</h2> <p><img src="/link/f40a85b3af7d4e4194f0456b43c8e2a4.aspx" alt="" width="593" height="259" /></p> <p>Nord Pool Academy&rsquo;s enduringly popular Physical and Financial Power Market course takes place in person (for the first time in more than two years!) at the Ilsetra Hotel, Hafjell, Lillehammer, on Monday 30th and Tuesday 31st January.</p> <p>The course has a broad range of expert presenters from across the energy sector, with discounts available for Nord Pool members, other stakeholders, such as TSOs and NRAs, and for students.</p> <p class=""><a href="/link/801a68c39f444639ac743e748d2ecec1.aspx"><span style="color: null;">You can register here.</span></a><br /><br /></p> <h2><span style="color: null;">SIDC&nbsp;Fourth Wave Go-Live</span></h2> <p>The Single Intraday Coupling has been successfully extended to include Greece and Slovakia, bringing a total of 25 countries under the SIDC umbrella.</p> <p><a href="/link/adefbe1f83b04c72b5d239d3b206b82a.aspx">You can read&nbsp;more, here.</a></p> Thu, 15 Dec 2022 13:56:14 +0100 https://www.nordpoolgroup.com/en/message-center-container/newsroom/newsletter/2022/11/nord-pool-connection/ Nord Pool Connection <h2>Increasing second auction threshold</h2> <p>Due to the onset of the winter season and a sustained period of high electricity prices, the Single Day-Ahead Coupling Nominated Electricity Market Operators (NEMOs) will increase the threshold that triggers the second auction procedure.</p> <p>It will rise&nbsp;from EUR 1,500 to EUR 2,400 per MWh, as of Wednesday 7<sup>th</sup> December (first trading day).</p> <p>Earlier, Nord Pool had announced our <a href="/link/41d338a4f7dc43e2a214282cc14b273a.aspx" target="_blank" rel="noopener" data-cke-saved-href="https://www.nordpoolgroup.com/en/message-center-container/newsroom/exchange-message-list/2022/q4/nord-pool-introduces-second-auction-for-baltic-market/">own changes to day-ahead threshold levels for our Baltics markets.</a> The increased threshold announced then has now been superseded by this NEMO threshold announcement.</p> <p>For further information on the threshold change <a href="/link/5f137ad3af984d41961bde7b476953b2.aspx" target="_blank" rel="noopener" data-cke-saved-href="https://www.nordpoolgroup.com/en/message-center-container/newsroom/exchange-message-list/2022/q4/nemos-to-increase-second-auction-threshold-to-eur-2400-per-mwh/">see the full announcement here.</a><br /><br /></p> <h2>Nord Pool Annual Review 2021</h2> <p><img src="/link/3f92cdcbc6554790bf302b5d21d9db98.aspx" alt="" width="590" height="229" /></p> <p>Our Annual Review, covering Nord Pool&rsquo;s challenges and achievements in 2021, is now available.</p> <p>Presented in an easy-to-consume format, it provides a review of the important milestones achieved by our business across the broad range of projects, developments and deliveries which we brought to the market last year, helping to ensure simple, efficient and secure power trading in challenging times.</p> <p><a href="/link/e980655f53de4454b44c2adea12ae581.aspx" target="_top">Read our 2021 Annual Review &lsquo;Markets in Transition&rsquo; here.</a><br /><br /></p> <h2>Market Coupling Workshop</h2> <p>There is still time to register to attend the Market Coupling Steering Committee&rsquo;s Consultative Group workshop, presented as a live webinar, on Thursday 1<sup>st</sup> December.</p> <p><a href="https://register.gotowebinar.com/register/6093096944154230028" target="_blank" rel="noopener">You can register here.</a><br /><br /></p> <h2>Great to See You!</h2> <p>November saw us hold a series of face-to-face customer meetings where we were able to hear more about your needs, wants and challenges, when it comes to Nord Pool delivering smoother power trading.</p> <p>It was great to see everyone in Warsaw, Riga, Helsinki and Malmo. As always, we are here to listen, understand and act on your feedback - which we view as a very valuable resource.</p> <p>If you were not able to attend one of our customer events, feel free to <a href="/link/cf2b31dda37d4813ac743c560dfd186e.aspx" target="_blank" rel="noopener" data-cke-saved-href="https://www.nordpoolgroup.com/en/trading/join-our-markets/market-managers/">contact your market manager</a>&nbsp;to discuss how we can deliver simple, efficient and secure trading for you.<br /><br /></p> <h2>Nordic Flow-Based CCM Delay</h2> <p>A delay has been announced to the implementation of the flow-based capacity calculation methodology in the Nordic region.</p> <p>Go-live for the project is now anticipated to be the first quarter of 2024, at the earliest.</p> <p><a href="/link/70e36894f98741d2a29694bda72cc60f.aspx" target="_blank" rel="noopener" data-cke-saved-href="https://www.nordpoolgroup.com/en/trading/Operational-Message-List/2022/11/nordic-flow-based-ccm-delayed-20221118081600/">You can read the announcement in full here.</a></p> Thu, 24 Nov 2022 15:50:26 +0100 https://www.nordpoolgroup.com/en/message-center-container/newsroom/newsletter/2022/10/nord-pool-connection/ Nord Pool Connection <h2>Answering the Energy Crisis</h2> <p><img src="/link/8929cd41fec64ef0889cfcfe38e02dc3.aspx" alt="Picture1.png" width="600" height="184" /></p> <p class="">2022 has seen a great deal of speculation and debate among energy sector stakeholders and in the media about high electricity prices, their causes and the background to the energy crisis. Nord Pool operates the power market across 16 European countries, making us very well placed to constructively contribute to the discussion around energy markets, price formation and the underlying causes of the current crisis.&nbsp;&nbsp;</p> <p class="">For us, the answer to the current energy crisis lies in addressing a combination of key factors &ndash; lowering demand, increasing supply of renewable generation, strengthening the grid and further integrating European markets.&nbsp;&nbsp;</p> <p class=""><a href="/link/d7e60e8901a04057957979a517e6b1dc.aspx"><strong>Read our comments in full here</strong></a></p> <h2><br />Meeting Customers Next Month</h2> <p>We are delighted to be holding a series of customer events in November:</p> <p>Tuesday 8<sup>th</sup> November &ndash; Riga</p> <p>Wednesday 16<sup>th</sup> November &ndash; Helsinki</p> <p>Thursday 17<sup>th</sup> November &ndash; Malmo&nbsp;(for Swedish, Danish and Norwegian customers)</p> <p>It is always great to catch up with customers face-to-face, to better understand your challenges and concerns and to explore ways in which Nord Pool can help.</p> <p><a href="/link/cf2b31dda37d4813ac743c560dfd186e.aspx"><strong>To attend, please contact your market manager.</strong></a></p> <h2><br />Tips For Trading in Turbulent Times</h2> <p>The experts in our dedicated Market Surveillance team have published their latest newsletter, investigating issues of regulatory compliance and sharing best practice tips.</p> <p>In this most recent edition, the team examines some of the important challenges around REMIT obligations that power market participants may face, during a period of unprecedented price turbulence.</p> <p><a href="/link/6bbba9dad6ee4094be168884c8c83af2.aspx"><strong>Read more here&nbsp;</strong></a></p> <h2><strong><br /></strong>Market Coupling - Save the Date</h2> <p>The Market Coupling Steering Committee will be holding a live Consultative Group workshop on Thursday 1<sup>st</sup> December where topics such as the 15 minute market time unit and SIDC intraday auctions, will be discussed.</p> <p style="margin: 0cm; line-height: 120%;">Registration will open soon &ndash; visit<a href="https://www.nemo-committee.eu/index"> nemo-committee.eu</a>&nbsp;for further information.</p> <p style="margin: 0cm; line-height: 120%;">&nbsp;</p> <h2 style="margin: 0cm; line-height: 120%;"><br />Power Market Course Coming Soon</h2> <p>Nord Pool Academy&rsquo;s very popular Physical and Financial Power Market course takes place in Oslo as well as virtually, on Wednesday 9<sup>th</sup> and Thursday 10<sup>th</sup> November.</p> <p>The course has a broad range of expert presenters from across the energy sector, with discounts available for Nord Pool members, other stakeholders, such as TSOs and NRAs, and for students.</p> <p><a href="/link/801a68c39f444639ac743e748d2ecec1.aspx"><strong>Sign up here</strong></a></p> <h2><br />Supporting Market Reform</h2> <p>At the recent CACM Annual Report 2021 seminar, Nord Pool was pleased at the supportive comments made by Catharina Sikow-Magny, Director, Green Transition and Energy System Integration, DG ENER.</p> <p>Nord Pool welcomes Ms Sikow-Magny&rsquo;s invitation to NEMOs to be actively engaged in reform of the EU electricity market, providing their knowledge and experience of market integration.</p> <p style="margin: 0cm; line-height: 120%;"><a href="https://www.linkedin.com/feed/update/urn:li:activity:6983714830578790400/"><strong>You can find out more here.</strong></a></p> <p>No-one is better placed to provide the necessary &lsquo;sharp-end&rsquo; expertise around market reform than Europe&rsquo;s NEMOs and Nord Pool stands ready to contribute.</p> <h2><br />Event for Polish Customers</h2> <p>We look forward to welcoming our Polish customers to a special event on Thursday 17th November in Warsaw's Nine's Restaurant.</p> <p>As awlays, we want to hear your views on current developments in the energy sector and get your feedback on what we need to deliver to make you trading life easier.</p> <p>To attend, <a href="/link/0dbd735206b24d83ad84d44bb78c9608.aspx">contact Marian Kilen</a>, our Central Europe Key Account Manager.&nbsp;</p> Mon, 24 Oct 2022 14:04:57 +0200 https://www.nordpoolgroup.com/en/message-center-container/newsroom/newsletter/2022/09/nord-pool-connection/ Nord Pool Connection <h2>Commenting On Price Cap Plans</h2> <p>With the European Commission having called an Extraordinary Energy Council meeting, Nord Pool has concerns around the Commission&rsquo;s proposal to establish a price cap for inframarginal technologies in coupled electricity markets.</p> <p>While it is reassuring that the Commission ruled out disruptive measures such as full market suspension, we feel well placed to warn that a poorly designed inframarginal cap could unfairly penalise generators which have already entered forward hedging / PPA / OTC contracts.</p> <p><a href="/link/fd726cc5d445451a9331561a9136ca16.aspx" target="_blank" rel="noopener">Read our comments in full here&nbsp;</a></p> <h2>Emma and Pietro Lead Our Markets</h2> <p><img src="/link/12548e9aefd74475b1018cd15a4b4a13.aspx" alt="" width="700" height="328" /></p> <p>Nord Pool is delighted to announce the appointment of Emma McKiernan and Pietro Rabassi to the roles of Executive Vice Presidents for the Nordic, Baltic and UK regions&nbsp;and for the rest of Europe, respectively.</p> <p>Emma and Pietro will be responsible for defining and delivering the best strategies in their regions of responsibility, to benefit our members and other stakeholders.</p> <p>The duo take over the responsibilities of our former Director Markets, Marianne Wergeland Jenssen, who, sadly, will soon leave us to seek new challenges. We wish Marianne all the very best in her endeavours.</p> <p>What stays unchanged is our dedicated focus on delivering the highest quality products and services for all our customers, regardless of their size or where they trade.</p> <p>If you would like to discuss your requirements with Emma or Pietro, they can be contacted <a href="/link/cf2b31dda37d4813ac743c560dfd186e.aspx">here.</a></p> <h2>Max Price Stays at &euro;4000</h2> <p>Customers may already be aware that earlier this month the Market Coupling Steering Committee sent a letter to the European Commission and the Agency for the Cooperation of Energy Regulators, seeking guidance on whether there was a need to freeze the proposed increase of the Single Day-Ahead Coupling maximum price, due to the current exceptional energy market situation.</p> <p>Nord Pool has been active in this process and strongly favoured having further guidance on how the Harmonised Maximum and Minimum Clearing Price methodology should be used in these challenging times.</p> <p>A decision has now been made that the planned maximum price increase from 4000&euro; to 5000&euro; will <strong><u>not</u></strong> now take place. You can read more <a href="/link/dbbd00b7a13d4993af27e30448ef9aef.aspx">here.</a></p> <p>If you have any questions related to this please contact: <a href="mailto:support@nordpoolgroup.com">support@nordpoolgroup.com</a></p> <h2>Learn More About Market Surveillance</h2> <p><img src="/link/08537962361e4c999353242fe5e11834.aspx" alt="" width="640" height="250" /></p> <p>Places are still available to participate in one of Nord Pool Academy&rsquo;s most popular courses.&nbsp;</p> <p>The Certified Compliance Course takes place on Thursday&nbsp;13<sup>th</sup> October and sees our Market Surveillance team tackling a broad range of subjects&nbsp;on the European power market&rsquo;s increasingly important regulatory environment.</p> <p>Nord Pool Academy is pleased to also offer on-demand courses including day-ahead and intraday trading and also REMIT compliance, alongside tailored seminars and training. Contact the Academy team to discuss your needs. &nbsp;</p> <p><a href="/link/46a408e471e24553a9ce360896f6caa9.aspx" target="_blank" rel="noopener">Sign up here</a></p> <h2>SIDC Fourth Wave Revealed</h2> <p>Detail of the fourth wave of Single Intraday Coupling (SIDC), integrating Slovakia and Greece into the SIDC with neighbouring borders, is being shared at a free web conference on Thursday 29<sup>th</sup> September.</p> <p><a href="https://register.gotowebinar.com/register/4299709915215916814" target="_blank" rel="noopener">Register your interest here&nbsp;</a></p> <p>&nbsp;</p> Tue, 13 Sep 2022 13:34:57 +0200 https://www.nordpoolgroup.com/en/message-center-container/newsroom/newsletter/2022/08/nord-pool-connection/ Nord Pool Connection <h2>Tom Speaks on Nordic Competition</h2> <h2><br /><img src="/link/49989312e70345369b8d3453b8f93804.aspx" alt="tom.jpg" width="650" height="400" /></h2> <p>Tom Darell, Nord Pool&rsquo;s Chief Executive, will be participating in a panel discussion on &lsquo;Trading Nordic Power &ndash; How Will Competition Evolve?&rsquo; during this year&rsquo;s Montel Nordic Energy Day, Thursday 25<sup>th</sup> August.</p> <p>As part of the debate Tom will give voice to Nord Pool&rsquo;s views on the vital necessity of competition between power exchanges in the context of a level playing field&nbsp;in order to ensure benefits are delivered for customers and consumers alike and to drive innovation in both products and services</p> <p><a href="https://montelgroup.com/events/nordic-energy-day-2022" target="_blank" rel="noopener">Find out more</a><br /><br /></p> <h2>Join Our Market Surveillance Course</h2> <p><img src="/link/2f80f4b9af8e4395971c8ed02323d190.aspx" alt="Nord Pool Academy.jpg" width="900" height="470" /></p> <p>Nord Pool Academy will soon be hosting one of its most enduringly popular courses.</p> <p>You can join the Academy&rsquo;s Certified Compliance Course, held on Thursday&nbsp;13<sup>th</sup> October, which sees our dedicated Market Surveillance Department team analysing key subjects in the European power market&rsquo;s rapidly changing regulatory environment.&nbsp;The course is available as live stream.</p> <p>And don&rsquo;t forget Nord Pool Academy also offers on-demand courses including on day-ahead and intraday trading, as well as on REMIT compliance, plus tailor-made seminars and training. Simply contact the team to discuss your needs.</p> <p><a href="/link/46a408e471e24553a9ce360896f6caa9.aspx" target="_top">Sign up now&nbsp;</a><br /><br /></p> <h2>Have Your Say on UK Energy</h2> <p>As the GB energy sector comes increasingly under the spotlight, the UK government has launched a consultation seeking opinions on the future shape of the UK energy market.</p> <p>Nord Pool customers can&nbsp;express their views <a href="https://www.gov.uk/government/consultations/review-of-electricity-market-arrangements">here.&nbsp;</a><br /><br /></p> <h2>Find Out More on SIDC Fourth Wave</h2> <p>An event to be held next month will share more detail on the fourth wave of Single Intraday Coupling (SIDC), integrating Slovakia and Greece into the SIDC with a number of neighbouring borders.</p> <p>The event, scheduled for Thursday 29<sup>th</sup> September, will be free of charge and will be held as a web conference.</p> <p>Further details are available <a href="https://www.nemo-committee.eu/assets/files/sidc-4th-wave-go-live-pre-launch-event.pdf">here.</a></p> <p>&nbsp;</p> <p>&nbsp;</p> Mon, 08 Aug 2022 15:14:39 +0200 https://www.nordpoolgroup.com/en/message-center-container/newsroom/newsletter/2022/07/nord-pool-connection/ Nord Pool Connection <h2>Core Flow-Based Launched</h2> <p>Nord Pool was pleased to play its part in the successful go-live last month of the Core Flow-Based market coupling project.</p> <p>No less than 16 Transmission System Operators and 10 Nominated Electricity Market Operators (including Nord Pool) were involved in the launch, bringing a harmonised capacity calculation methodology across 13 European countries, covering a population of</p> <p>278 million people using an estimated 1,500 TWh of power every year.</p> <p>To find out how you can take advantage of a more integrated European power market, <a href="/link/cf2b31dda37d4813ac743c560dfd186e.aspx" target="_blank" rel="noopener">contact your Nord Pool market manager</a>.</p> <p>&nbsp;</p> <h2>Marianne Offers Guidance</h2> <p><img src="/link/19f1787bfce4467d860b70ee1ed87651.aspx" alt="podcast" width="750" height="657" /></p> <p>Marianne Wergeland Jenssen, Nord Pool&rsquo;s Director Markets, was recently interviewed by the popular <a href="https://insidersguidetoenergy.com/" target="_blank" rel="noopener">&lsquo;Insider's Guide to Energy&rsquo;</a> podcast, to give her views on some of the key challenges facing the power market in times of increased competition and price volatility.</p> <p>To hear Marianne&rsquo;s insights into new product developments for future power trading and on the important role of market-based transparent pricing, <a href="https://www.buzzsprout.com/1175753/10897180-episode-78-marianne-jenssen-from-nord-pool-provides-european-power-market-update" target="_blank" rel="noopener">listen here</a>.</p> <p>You can also watch the episode on <a href="https://youtu.be/013KloxgPSk" target="_blank" rel="noopener">Insider's Guide to Energy YouTube channel</a>.</p> <p>&nbsp;</p> <h2>Join Tom for Nordic Energy Day</h2> <p><img src="/link/ccf5183573bf42199aa57139b7bd1def.aspx" alt="olso" width="600" height="300" /></p> <p>Nord Pool Chief Executive Tom Darrel will be taking part in a panel discussion entitled &lsquo;Trading Nordic Power &ndash; How Will Competition Evolve?&rsquo; as part of the annual <a href="https://montelgroup.com/events/nordic-energy-day-2022" target="_blank" rel="noopener">Montel Nordic Energy Day</a> on Thursday 25th August.</p> <p>Tom will be sharing Nord Pool&rsquo;s views on the importance of competition between power exchanges on a level playing field, to drive innovation and to ensure benefits are delivered for customers and consumers alike.</p> <p>To ensure you get to hear Tom&rsquo;s insights <a href="https://share.hsforms.com/1_Jd5WCmyQleDyVrX_T6EkA5750m?__hstc=246040795.2c912b78a48718a91ac6010f6fb29e97.1657089302887.1657089302887.1657089302887.1&amp;__hssc=246040795.1.1657089302888&amp;__hsfp=1931777880" target="_blank" rel="noopener">sign up here</a>.</p> <p>&nbsp;</p> <h2>E-World &ndash; Great to See You!</h2> <p><img src="/link/7a252cd464b64e9699f034f675b93c28.aspx" alt="essen" width="750" height="300" /></p> <p>What a pleasure, after an enforced two-year absence, to see so many of our customers face-to-face at last, at the recent E-World Energy and Water event in Essen.</p> <p>It was great to be able to spend some time together and to discuss people&rsquo;s differing viewpoints on developments in power trading.</p> <p>If you were unable to attend we are always happy to hear from customers and to arrange meeting to discuss your needs and challenges &ndash; simply <a href="/link/cf2b31dda37d4813ac743c560dfd186e.aspx" target="_blank" rel="noopener">contact your Nord Pool market manager</a></p> <p>&nbsp;</p> <h2>Have a Great Summer!</h2> <p><img src="/link/b1a844f7515445f4b0190ac556b7420f.aspx" alt="summer" width="750" height="300" /></p> <p>With warm weather and the ability to travel again, we know that many of our customers will be heading off for a well-deserved break soon.</p> <p>We would like to take this opportunity to wish you all a great, relaxing summer. We look forward to seeing all our customers refreshed and raring to go again, after the holidays.</p> Wed, 06 Jul 2022 09:00:00 +0200 https://www.nordpoolgroup.com/en/message-center-container/newsroom/newsletter/2022/06/nord-pool-connection/ Nord Pool Connection <h2>SDAC Auction Timing and Topology Changes</h2> <p>Some small but important changes to timings for the SDAC auction came into effect on <strong>Wednesday 8th June</strong>.</p> <p>The <strong>SDAC Partial Decoupling deadline</strong> changed from 12:45 to 13:05 and the <strong>Full Decoupling deadline</strong> from 14:00 to 14:20 - creating an additional 20 minutes in which to deal with any potential decoupling incidents.</p> <p>As a result, the time for sending any message for risk of partial decoupling has also moved, from 12:25 to 12:40. With the change to deadline for full decoupling comes a new time for sending a message over risk of full decoupling, from 13:30 to 13:50.</p> <p><strong>NB</strong>: No second auction due to thresholds being reached will take place in a case of partial or full decoupling.</p> <p>Additionally, with the <strong>go live of Core Flow-Based market coupling</strong> on Wednesday 8th June, the SDAC topology changed as follows:</p> <p>- Polish (PLC) and German (DEA2) virtual areas are removed.</p> <p>- New external constraint allocations for Poland, to limit its maximum import and maximum export.</p> <p>- ATC capacities between Poland, 4MMC and CWE switch to the Core Flow-Based model - hence these capacities will no longer be published.</p> <p>No technical changes are required to Nord Pool trading systems with Core Flow-Based market coupling.</p> <p>If you have questions please contact: <a href="mailto:support@nordpoolgroup.com">support@nordpoolgroup.com</a></p> <p>&nbsp;</p> <h2>Power Market Course Challenges Assumptions</h2> <p><img src="/link/1187b52556fe4e8993da0a26881796e2.aspx" alt="course" width="640" height="250" /></p> <p>Nord Pool Academy&rsquo;s ever-popular <a href="/link/20e96b030d5240a487b110c262fe045c.aspx" target="_blank" rel="noopener">Physical and Financial Power Market course</a> takes place both in Oslo and virtually on <strong>Wednesday 15th and Thursday 16th June</strong>.</p> <p>Challenging assumptions about power markets, the course attracts a variety of expert presenters from across the energy sector. See the full programme <a href="/link/20e96b030d5240a487b110c262fe045c.aspx" target="_blank" rel="noopener">here</a>.</p> <p>And you can now take this informal <a href="https://kahoot.it/challenge/74195881-3544-4742-adf3-0cdb7c8bd774_1653484089204" target="_blank" rel="noopener">Power Market Kahoot!</a> to prove your knowledge and have the chance to win a free place at the event.</p> <p>There are <strong>discounts</strong> available <strong>for Nord Pool members and other stakeholders</strong>, such as TSOs and NRA, and for students.</p> <p><a href="/link/20e96b030d5240a487b110c262fe045c.aspx" target="_blank" rel="noopener">Visit the course's website for more details and to sign-up</a>.</p> <p>&nbsp;</p> <h2>E-World &ndash; See You There!</h2> <p><img src="/link/f8857bfc9f114c73a0a8e9a8b28bfe98.aspx" alt="event" width="640" height="250" /></p> <p>After a two-year absence, the <a href="https://www.e-world-essen.com/en/" target="_blank" rel="noopener">E-World Energy and Water event</a> takes place from <strong>Tuesday 21st to Thursday 23rd June</strong> &ndash; and the Nord Pool team will see you there!</p> <p>We look forward to greeting our customers face-to-face in Essen to discuss developments in power trading.</p> <p>Visit us on <strong>stand 3-225</strong> and feel free to <a href="https://outlook.office365.com/owa/calendar/Eworld2022@npspot.com/bookings/" target="_blank" rel="noopener">book a meeting with one of the team</a>.</p> <p>&nbsp;</p> <h2>Have Your Say on Max and Min</h2> <p><a href="https://www.nemo-committee.eu/public-consultations/open-public-consultation-on-harmonized-maximum-and-minimum-clearing-prices-for-sdac-and-for-sidc" target="_blank" rel="noopener">A public consultation has been launched</a>, seeking opinions on <strong>harmonized maximum and minimum clearing prices</strong> for the Single Day-Ahead Coupling and the Single Intraday Coupling.</p> <p>To express your views <a href="https://www.nemo-committee.eu/public-consultations/open-public-consultation-on-harmonized-maximum-and-minimum-clearing-prices-for-sdac-and-for-sidc" target="_blank" rel="noopener">visit the All NEMO Committee website</a>.</p> <p>&nbsp;</p> <h2>Order Types Explained</h2> <p>We have recently refined and updated the information we provide on the variety of order types we offer, to help provide clarity for customers.</p> <p>You can find out more, <a href="/link/67314aa155dd4c38ba40eb5a854272be.aspx" target="_blank" rel="noopener">here</a>.</p> <p>&nbsp;</p> <h2>Legal Team Recognised</h2> <p><a href="https://www.legal500.com/gc-powerlist/norway-teams-2022/nord-pool-3/" target="_blank" rel="noopener">Nord Pool&rsquo;s four-strong in-house legal team</a> has once again been recognised in the law&rsquo;s leading lights in Norway in the Legal 500 GC Powerlist.</p> <p>The team received their award for being among the "finest legal minds in Norway".</p> <p>&nbsp;</p> Thu, 09 Jun 2022 08:30:00 +0200 https://www.nordpoolgroup.com/en/message-center-container/newsroom/newsletter/2022/05/nord-pool-connection/ Nord Pool Connection <h2>Tracking Power by the Hour&mdash;New System Launched</h2> <p><img src="/link/4445a3b1b2684815a3858961f5ad8ae2.aspx" alt="workshop" width="640" height="295" /></p> <p>Nord Pool is pleased to be part of a consortium of leading energy organisations headed by <a href="https://www.granular-energy.com/" target="_blank" rel="noopener">hourly certificate start-up Granular</a>, that has launched a pilot for a new mechanism for hourly renewable energy certificates. The system is being piloted first in Great Britain, with a view to rolling-out more widely, soon.</p> <p>A recent launch workshop in London was attended by more than 40 participants keen to find out more.</p> <p>In existing energy certificate schemes renewable generation and consumption are matched on an annual basis, failing to reflect the &lsquo;real world&rsquo; situation, where availability of renewable energy fluctuates.</p> <p>The Granular system, designed to comply with <a href="https://www.energytag.org/publications/" target="_blank" rel="noopener">EnergyTag guidelines</a>, will allow participants to receive hourly certificates for their power generation in the Certigy registry, managed by established Guarantee of Origin registry provider Unicorn and is open to new participants.</p> <p><a href="mailto:gb-demonstrator@granular-energy.com">Get in touch to find out more</a>.</p> <p>&nbsp;</p> <h2>Core Flow-Based Going Live</h2> <p><a href="https://www.nemo-committee.eu/assets/files/new-core-fb-mc-go-live-date.pdf" target="_blank" rel="noopener">It has been announced</a> that go-live for the Core Flow Based Day Ahead Market Coupling will be <strong>Wednesday 8th June</strong> (for delivery Thursday 9th June). The project has created welcome additional time in the coupling process in the rare, but potentially highly disruptive, event of any decoupling.</p> <p>The Core Flow-Based Market Coupling project promotes a flow-based day-ahead market coupling across the whole Core capacity calculation region (Austria, Belgium, Croatia, Czech Republic, France, Germany, Hungary, Luxemburg, Netherlands, Poland, Romania, Slovakia and Slovenia) in the Single Day-Ahead Coupling framework.</p> <p>&nbsp;</p> <h2>Unlocking the Physical &amp; Financial Power Market</h2> <p><img src="/link/094118b93cda481caae2f4c41a331ce5.aspx" alt="course" width="640" height="200" /></p> <p>Our ever-popular in-depth Physical and Financial Power Market Course, expertly delivered by the team at Nord Pool Academy, promises to unlock the mysteries of trading power across borders, with the help of some of the leading European experts in short- and long-term power markets.</p> <p>Join the course, held in <strong>Oslo and accessible online, from Wednesday 15th to Thursday 16th June</strong>.</p> <p><a href="/link/20e96b030d5240a487b110c262fe045c.aspx" target="_blank" rel="noopener">Book your place here</a>.</p> <p>&nbsp;</p> <h2>New Report&mdash;Inside Information Threshold</h2> <p>Nord Pool&rsquo;s Market Surveillance team, along with the company&rsquo;s REMIT Discussion Group, has addressed the issue of an appropriate threshold for reporting insider information, with a newly published report. This has aimed to find a common threshold, in terms of MW, for the Nordic and Baltic market, which could be used by market participants to identify what should be treated as inside information across any timeframe.</p> <p>The report suggests a <strong>100 MW threshold for the Nordic and Baltic power market</strong>. Generation or consumption unavailability above this threshold can be disclosed as inside information, while unavailability below the suggested threshold does not fulfil the definition of inside information.</p> <p><a href="/49920b/globalassets/download-center/market-surveillance/new-report---inside-information-threshold.pdf" target="_blank" rel="noopener">Read the report here</a>.</p> <p>&nbsp;</p> <h2>E-World&mdash;See You in a Month!</h2> <p><img src="/link/fedcc53a2b314502beef362ff89cfc4c.aspx" alt="fair" width="640" height="213" /></p> <p>After an enforced two-year absence, the <a href="https://www.e-world-essen.com/en/" target="_blank" rel="noopener">E-World energy &amp; water event</a>, <strong>Tuesday 21st to Thursday 23rd June</strong>, is almost upon us.</p> <p>We look forward to finally seeing many our customers face-to-face in Essen next month, to discuss the power trading challenges you are focusing on now and for the future.</p> <p>You can visit us on <a href="https://montelgroup.com/e-world/booking?scrollTo=nordPool" target="_blank" rel="noopener">stand 3-225</a>.</p> <p><a href="mailto:armin.fleig@nordpoolgroup.com">Contact us to book a meeting</a>.</p> <p>&nbsp;</p> <h2>Nord Pool&rsquo;s Ambitions Examined</h2> <p><a href="https://www.energate-messenger.com/" target="_blank" rel="noopener">Energate</a>, the leading German energy news service, recently published an interesting article about Nord Pool&rsquo;s ambitions in central Europe and the continuing importance of robust and transparent power trading in the region.</p> <p><a href="https://www.energate-messenger.com/news/221735/nordpool-importance-of-electricity-trading-will-increase" target="_blank" rel="noopener">Read the article here (paywall)</a>.</p> <p>&nbsp;</p> <h2>Pietro Looks at Tomorrow&rsquo;s Market</h2> <p><img src="/link/81d3b2d716cc4b679cc0e0839b12c820.aspx" alt="rabassi" width="640" height="334" /></p> <p><a href="/link/77fb76ae70ac445793f3e89ca4918e92.aspx" target="_blank" rel="noopener">Pietro</a> will speak at the <a href="https://www.electricity-pricing.eu/" target="_blank" rel="noopener">Power Price Forecasting Summit 2022</a>, <strong>9th &ndash; 10th June</strong>, a hybrid event being held in Barcelona.</p> <p>Taking as his subject &ldquo;2022 TO 2032: A Decade of European Power Markets at a Turning Point&rdquo;, Pietro will present on Thursday 9th.</p> <p><strong>Nord Pool's members benefit from a 50% discount</strong>.</p> <p>&nbsp;</p> <h2>Florence Forum Tackles Renewables</h2> <p>The annual <a href="https://ec.europa.eu/info/events/european-electricity-regulatory-forum-florence-forum/meeting-european-electricity-regulatory-forum-rome-2022-jun-09_en" target="_blank" rel="noopener">European Electricity Regulatory Forum (&lsquo;Florence Forum&rsquo;)</a> takes place on <strong>Thursday 9th and Friday 10th of June</strong>.</p> <p>This year the Forum will be considering the cross-border power trade, including management of interconnector capacity and the organisation of energy markets to meet decarbonisation objectives and facilitate integration of renewables.</p> <p>You can follow developments and discussion on social media at: <strong>#FlorenceForum</strong>.</p> <p>&nbsp;</p> Wed, 18 May 2022 08:00:00 +0200 https://www.nordpoolgroup.com/en/message-center-container/newsroom/newsletter/2022/04/nord-pool-connection/ Nord Pool Connection <h2>Tom Joins Nord Pool</h2> <p><img src="/link/b864fdc190c549bbbebe8df305e17de2.aspx" alt="Tom Darell" width="650" height="400" /></p> <p><strong>Tom Darell</strong>, 52, has this month joined Nord Pool as our new CEO.</p> <p>He previously served as Executive Vice President and Head of Energy at Volue, taking on responsibility for integrated technology solutions for the energy business.</p> <p>Commenting on his new role, Tom said: &ldquo;I am looking forward to leading Nord Pool at an exciting and challenging time for the energy sector. In my first weeks here I want to listen and to learn so that Nord Pool can continue to work in harmony with our many customers from across Europe, to deliver the simple, efficient and secure power trading which, in times of uncertainty, they need more than ever.&rdquo;</p> <p><a href="/link/8609f629fec149b0995d0be0a650ada6.aspx" target="_blank" rel="noopener">Read more about Tom</a>.</p> <p>&nbsp;</p> <h2>Have Your Say on CACM Review</h2> <p>The EU Commission is seeking the views of all energy sector stakeholders on proposed changes to the Capacity Allocation and Congestion Management regulation (CACM).</p> <p>Responses to the Commission&rsquo;s consultation must be in by Wednesday <strong>27th April</strong>.</p> <p>Last year we appraised customers of <a href="/link/74a45086e36746eab391bed7e9bde86e.aspx" target="_blank" rel="noopener">our own views on the proposals</a>.</p> <p>While some aspects of the proposals are positive, we believe that the idea of creating a new single entity to take on the market coupling operator function certainly is not.</p> <p>Now it is time for you to make your voice heard.</p> <p><a href="https://ec.europa.eu/info/news/stakeholder-consultation-electricity-market-design-2022-mar-09_en" target="_blank" rel="noopener">Respond to the EU CACM consultation</a>.</p> <p>&nbsp;</p> <p><img src="/link/903f9df20e5e44c1918c0934fb68a9a8.aspx" alt="Warsaw" width="650" height="200" /></p> <h2>Intraday &ndash; Strong Polish Performance</h2> <p>Our successful intraday market in Poland achieved record high daily volumes at the end of last month, with March being the market&rsquo;s best ever month in terms of volumes, reaching more than <strong>68 GWh</strong> (a highly creditable <strong>29% market share</strong>).</p> <p>Meanwhile, intraday trading with Nord Pool in Poland in the first quarter of the year is showing <strong>year-on-year growth</strong> of more than <strong>40%</strong>.</p> <p>Nord Pool&rsquo;s Poland Market Manager, <a href="/link/0dbd735206b24d83ad84d44bb78c9608.aspx" target="_blank" rel="noopener">Marian Kilen</a>, commented: &ldquo;We have listened to our central Europe customers and worked hard to deliver the robust intraday market in Poland that they tell us they want. We look forward to continued growth as more new customers join us.&rdquo;</p> <p>To trade intraday with Nord Pool in Poland, <a href="/link/cf2b31dda37d4813ac743c560dfd186e.aspx" target="_blank" rel="noopener">contact your Market Manager</a>.</p> <p>&nbsp;</p> <p><img src="/link/56bde8a57e894acc9ec66faece883d4d.aspx" alt="Operations" width="650" height="200" /></p> <h2>Examining Wash Trades</h2> <p>With recent interest in &lsquo;wash trades&rsquo; in our <strong>NO2 auction</strong>, our Market Surveillance experts have used their latest highly informative newsletter to share a detailed examination of this type of trading, drawing on their many years of expertise in regulatory compliance and best practice.</p> <p>The latest in the team&rsquo;s regular newsletter series looks at the impact of wash trades and makes recommendations around ensuring transparency in the market.</p> <p><a href="/link/18338398f16a472e9d264b8951c45e55.aspx" target="_blank" rel="noopener">Read the Market Surveillance newsletter</a>.</p> <p>&nbsp;</p> <h2>Testing Times for Euphemia</h2> <p>Nord Pool has recently been leading the way in conducting simulation testing of the proposed 15 minute market time unit (MTU) in the Euphemia day-ahead price coupling algorithm, aimed at enabling more efficient performance of the algorithm across all European markets.</p> <p>Tests have proceeded well, with Nord Pool organising two dedicated work group sessions involving a broad selection of participants from our active customer advisory boards.</p> <p>&nbsp;</p> <h2>Single Auction Platform Launched</h2> <p>In the realisation of a long-held ambition at Nord Pool to have all our customers trading on a single auction platform, we have now successfully migrated all our Nordic and Baltic customers to our new auction system.</p> <p>A huge amount of effort and resource has been dedicated to developing the future-fit platform and API that our customers need and demand. Now the final step in this important project has been completed. With it, we are able to reduce complexity and improve reliability &ndash; providing an auction platform that will serve our customers well in the years ahead.</p> <p>And with the unified auction system in place, we aim to explore opportunities to deliver the new products, features and value for money that our customers deserve.</p> <p>&nbsp;</p> <h2>A Happy Easter to our Customers</h2> <p><img src="/link/2c12db47eac24043ba21338b8246e425.aspx" alt="Easter eggs" width="650" height="300" /></p> <p>As many of us will be thinking of &ndash; at last &ndash; spending time with friends and family during this Easter holiday period, we wanted to take this opportunity to wish all of our customers a safe, enjoyable and relaxing Easter.</p> <p>&nbsp;</p> <p>--</p> <p>Tom Darell's photo by CF-Wesenberg / <a href="https://kolonihaven.no/" target="_blank" rel="noopener">kolonihaven</a></p> <p>&nbsp;</p> Tue, 12 Apr 2022 08:00:00 +0200 https://www.nordpoolgroup.com/en/message-center-container/newsroom/newsletter/2022/03/nord-pool-connection/ Nord Pool Connection <h2>Nordic and Baltic Day-ahead Migration</h2> <p>In preparation for the migration of our Nordic and Baltic day-ahead markets to our new auction platform and Auction API on <strong>Wednesday 16th March</strong>, please be aware that we have opened the production environment for bidding, for first delivery date Thursday 17th March.</p> <p>Members should log in to the platform, test their production user access and confirm their ability to submit orders ahead of go live.</p> <p><strong>API users</strong> will need to request production user credentials by emailing: <a href="mailto:support@nordpoolgroup.com">support@nordpoolgroup.com</a>.</p> <p>Any member with questions, or requiring further support, email: <a href="mailto:support@nordpoolgroup.com">support@nordpoolgroup.com</a> or <a href="/link/cf2b31dda37d4813ac743c560dfd186e.aspx" target="_blank">contact your market manager</a>.</p> <p>&nbsp;</p> <h2>Nord Pool Announces New CEO</h2> <p>Nord Pool has announced that <strong>Tom Darell</strong>, 52, will become the company’s new CEO from Friday <strong>1st April</strong>.</p> <p>Tom joins us from his position as Executive Vice President and Head of Energy at Volue, where he has been responsible for integrated technology solutions for the energy business.</p> <p>Welcoming the new appointment Chris Topple, Chairman of the Board of Nord Pool, said: “We are delighted to welcome Tom to Nord Pool at a time of change for the whole energy business. He has extensive international experience and a valuable commercial drive. The Board is looking forward to working closely with him to both grow and strengthen Nord Pool’s position across Europe.”</p> <p><a href="/link/8609f629fec149b0995d0be0a650ada6.aspx" target="_blank">Read more</a>.</p> <p>&nbsp;</p> <h2>New Body Aims For Greater Cooperation</h2> <p><img alt="lines" src="/link/163a481ccea9489da9ffe5cc7ddc05e8.aspx" height="200" width="650" /></p> <p>A new representative body comprising all NEMOs and TSOs – <strong>the MCSC (Market Coupling Steering Committee)</strong> – has been created, with the aim of providing improved governance, operational development and collaboration with stakeholders.</p> <p>The MCSC will now work on integrating decision making for both the day-ahead and intraday timeframe, to ensure further coordination, foster efficiency and create a faster decision-making mechanism.</p> <p><a href="/link/c84a457585c4491da050ba6554714130.aspx" target="_blank">Find out more</a>.</p> <p>&nbsp;</p> <h2>Join Us for Danish Energy Day</h2> <p><img alt="wind" src="/link/e17f65be68e24606a74b97d968261e20.aspx" height="200" width="650" /></p> <p>Ekaterina Moiseeva will speak about <strong>market surveillance in times of volatility</strong> at Montel’s Danish Energy Day webinar, held <strong>from 2pm CET on Thursday 7th April</strong>.</p> <p>The event promises some lively debate around the latest developments in Denmark’s energy sector.</p> <p><a href="https://montelgroup.com/events/danish-energy" target="_blank">Free registration</a>.</p> <p>&nbsp;</p> <h2>Core Market Coupling Readiness Webinar</h2> <p>The Core Flow-Based Market Coupling project (encompassing the bidding zone borders between: Austria, Belgium, Croatia, the Czech Republic, France, Germany, Hungary, Luxembourg, The Netherlands, Poland, Romania, Slovakia and Slovenia) is holding an open webinar on Wednesday 23rd March from 9.30am CET to explain changes in operational processes related to the project (planned go live Wednesday 20th April).</p> <p><a href="https://www.magnus.nl/en/core-flow-based-day-ahead-market-coupling-operational-readiness-webinar/" target="_blank">Sign up for the webinar</a>.</p> <p>&nbsp;</p> <h2>MoU Signals Belgium/UK Energy Cooperation</h2> <p>There have been positive signals recently concerning further interconnection for the UK across the North Sea, with the announcement of a Memorandum of Understanding for a possible second cable with Belgium.</p> <p><a href="https://www.gov.uk/government/news/uk-and-belgium-sign-memorandum-of-understanding-mou-on-energy-cooperation" target="_blank">Discover more</a>.</p> <p>&nbsp;</p> <h2>DST Reminder</h2> <p><img alt="clock" src="/link/e9e4fb26876d4e299ad87af6a9d69c7c.aspx" height="200" width="650" /></p> <p>Don’t forget there is a <strong>clock change</strong> on <strong>Sunday 27th March</strong>. With the transition from wintertime to summertime, the clocks go forward one hour at 03:00 CET, meaning Sunday 27th will have 23 trading hours.</p> <p>If you have questions or require support, please email: <a href="mailto:support@nordpoolgroup.com">support@nordpoolgroup.com</a>.</p> <p>&nbsp;</p> Wed, 09 Mar 2022 08:00:00 +0100