Nord Pool, Europe’s leading power market, has this week seen record trading levels on its UK day-ahead market, with an all-time high for UK traded volume of 510 GWh on Monday 22nd February.
Welcoming the new landmark figure for UK power trading Richard Sarti, Nord Pool’s Director UK and Ireland, said: “Nord Pool has invested heavily in the streamlining and modernisation of our UK power product and service offering, so that we can simplify life for all those who trade UK power through us.
“It is encouraging to see the UK power trading sector taking full advantage of the liquidity we provide, the efficiency we deliver and the value for money we offer. These are the cornerstone of Nord Pool’s success in all its markets and are something we continue to develop. And we can promise more to come, with the advent of a single Nord Pool day-ahead and intraday platform for trading in all our markets. We look forward to welcoming new UK customers and continuing to see strong UK volumes as the year continues.”
The previous volume record on Nord Pool’s UK day-ahead market was 507 GWh, achieved on 4th December 2013.
About Nord Pool
Nord Pool operates Europe’s leading power markets, offering both day-ahead and intraday trading to its members. 380 companies from 20 countries trade on Nord Pool’s markets in the Nordic and Baltic regions, and on our UK market N2EX. In 2015 the group had a total turnover of 489 TWh traded power. Our markets are operated from offices in Oslo, Stockholm, Helsinki, Tallinn and London. Nord Pool strives continually to strengthen its business by working with integrity, together with members and stakeholders, to achieve excellence.
Lysaker, 24 February 2016
For further information, please contact:
Stuart Disbrey, Communications Director UK, +44 (0) 203 6977730