Nord Pool Spot is today subject of an unannounced inspection by the EFTA Surveillance Authority and the European Commission.
Nord Pool Spot understands that the purpose of the inspection is to investigate possible anticompetitive effects in connection with a planned Joint Venture with EPEX SPOT, as announced in September 2011.
Nord Pool Spot cooperates actively with the authorities and will assist in ensuring that the authorities obtain all relevant information.
About Nord Pool Spot
Nord Pool Spot runs the leading power market in Europe and offers both day-ahead and intraday markets to its members. 350 companies from 20 countries trade on the market. The Nord Pool Spot group has offices in Oslo, Stockholm, Helsinki, Copenhagen, Tallinn and London. In 2011 the group had a total turnover of 316 TWh, which includes the auction volume in the UK market N2EX.
Lysaker, 7 February 2012
For further information, please contact:
Stina Johansen, Communications Manager Nordic, +47 916 50 603