Nord Pool Consulting
Nord Pool’s shared expertise supporting power markets globally
For more than 30 years, Nord Pool has not only operated one of the most successful European power exchanges, but has also played a pivotal role in developing emerging markets, globally. A key contribution lies in Nord Pool’s pioneering of the European target model - actively shaping European market coupling - which was built using the Nordic model as a blueprint.
As a frontrunner in European power market integration, Nord Pool has been instrumental in multiple market coupling initiatives over the past two decades, driving harmonization and efficiency.
Beyond Europe, Nord Pool shares its expertise globally, supporting power markets through consultancy services which cover, among other important subjects; market design, regulatory frameworks, capacity building, implementation and operational continuity.
Nord Pool provides strategic advisory and implementation support in:
Structuring local power markets, while ensuring seamless integration into cross-border trading.
Market Rules and Rulebooks
Developing robust regulatory rulebooks to ensure fair, efficient and transparent market operations.
Advising policymakers and advocating for effective regulatory structures that foster market growth.
Advising on effective institutional setups, capacities and mandates as needed to oversee and ensure efficient future market development and operation.
Delivering advanced power exchange backbone systems (UI/API) and Markets Coupling and Operations services.
Defining optimal market processes for participants to enhance efficiency.
Establishing governance structures, roles, and responsibilities for market participants.
Equipping stakeholders with the knowledge and skills to navigate evolving power markets, in partnership with Nord Pool Academy.
Ensuring seamless operations post-implementation, securing long-term market stability.
Guiding decision-making on market design and power market implementation through in-depth assessments.