North Sea Link – Get Ready to Trade
Last year Nord Pool was awarded a contract by National Grid and Statnett to deliver a solution providing implicit day-ahead capacity for the 1,400 MW North Sea Link (NSL) interconnector, which will directly connect the electricity systems of the UK and Norway for the first time.
This new solution will be delivered by Nord Pool through its ‘N2EX’ day-ahead auction, with a planned go live of 1st October 2021. From go live, capacity will be made available by the NSL parties at the day-ahead stage, allocated implicitly through the existing Nord Pool N2EX auction. The auction will also be opened to bids and offers from members in the NO2 bidding zone in Norway, who have registered to trade. The auction will be available through Nord Pool’s auction platform used for trading by GB members in the N2EX market, offering hourly curve orders, regular blocks, profiled blocks and exclusive group products. Auction currency will be GBP for members in GB and EUR for members in NO2.
Member testing for customers in GB and NO2, including simulated NSL capacity, will run for two weeks from Monday 30th August. We will also be holding a series of webinars on the run up to go live.
For further details, simply contact your local market manager.
Marie Examines Intraday
Nord Pool’s Director strategy, M&A and People, Marie Thuestad, will be lifting the lid on the latest developments in intraday trading as part of the Montel Nordic Energy Day free webinar on Thursday 26th August.
This live event via Zoom aims to provide attendees with the latest insights into key energy market issues of the moment, including pricing, green energy and the trading outlook.
There promises to be some lively debate among the leading industry figures presenting on a variety of topics, with our own Marie Thuestad discussing short term markets and intraday trading from 4.30pm.
Register for Montel’s Nordic Energy Day here.
Geir’s Aiming Higher
Find out more about what we are delivering for our customers in a more volatile and unpredictable power market environment, in the latest video presentation from our dedicated Norway Market Manager, Geir Dvergastein.
In this short discussion (in Norwegian, with English subtitles) Geir, an expert in Nordic power trading, explores some of the insights his many years of power market experience have given him, with Nord Pool customers.
Hear more from Geir, here.
To discuss your trading needs in detail, contact Geir here.
Unlocking the Physical and Financial Power Market
Our ever-popular in-depth online 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.
Spaces are limited so, to join the next Physical and Financial Power Market Course from Nord Pool Academy, which takes place from Wednesday 8th to Thursday 9th September, just book your place here.