Numbers do the Talking
Nord Pool has announced its 2020 trading figures, with the year producing strong numbers across our markets.
During 2020 a total of 995 TWh of power was traded through Nord Pool (comprising buy and sell volume combined).
Commenting on the strong trading volumes seen in 2020, Kari Ekelund Thørud, CEO, said: “In a year that proved challenging not just in the energy sector, but globally, it has been reassuring to see robust numbers again being recorded at Nord Pool. To me, this speaks both of the strength of Nord Pool’s markets and the trust our many customers place in us to deliver simple, efficient and secure power trading.”
Read the full detail here.
GB Market - Update
Since 1st January our GB day-ahead auction has been running successfully as a standalone, outside of the IEM.
We have been pleased to see that customers have adapted well to the new market arrangements and are encouraged by the feedback we have received and by daily trading volumes which (at the time of writing) peaked at 281.1GWh for delivery 1st February.
For more information on trading in our GB market contact Marker Manager Frank Thompson.
New GB and CWE Auction Functionality
In our next product release, scheduled for March, we will be launching new functionality in our auction platform, available for customers trading in our GB and CWE markets.
We are introducing a new product called a Spread Block (a pair of mutually linked block orders, where both blocks are either accepted or rejected).
We will also re-introduce the ability to copy and paste blocks and exclusive group orders directly in the auction platform as an alternative to a direct upload of the bid template.
Test auctions will run every trading day at 14:00 CET for delivery the following day in CWE markets and 10:50 CET for the GB market.
Members can use their existing SSO test credentials to access the test environment. If you need help with this please contact our support team.
Launching Poland Day-Ahead
From Tuesday 9th February Nord Pool is launching our long-awaited Polish Day-Ahead market, delivering a competitive day-ahead offering for Poland. This follows the successful go-live of intraday markets and clearing in the country in August 2020.
Nord Pool’s growing Polish intraday power market has already attracted approaching 10% of Poland’s intraday volume.
Welcoming the launch of the new day-ahead market Diana Kazakevic, CEO and Chair of the Board at energy company Ignitis Polska, said: “It is great to see Nord Pool fully entering the Polish power market as it will further strengthen competition and provide new opportunities for customers. At Ignitis we welcome the launch of Nord Pool’s day-ahead market in Poland and believe it is another step towards ensuring even more flexible and innovative trading solutions in the country.”
Read more here.
To find out more about trading in Poland with Nord Pool contact contact your dedicated Market Manager.
A Frank Exchange with Charles
The next in our series of interviews with members of our dedicated staff features a discussion with Charles Lapierre, a key link in our central and western Europe market team.
In a candid exchange Charles talks about the challenges facing Nord Pool’s customers in the region and how we are working to offer choice, innovation and value for money. Find out more here.
And if you would like to contact Charles to talk about your trading needs in central and western Europe, you can find his details here.
Looking Back at Market Surveillance
Our Market Surveillance team has published a new Nord Pool Market Surveillance quarterly newsletter, giving an overview of key events the team addressed over the past year, plus some insights into on-going challenges around regulatory compliance.
Read more here.