About us
Nord Pool is the world's first power exchange and the world's first multinational power exchange. 2023 marked 30 years of Nord Pool powering the market.
Nord Pool comprises a commercial power exchange function, Nord Pool, and a Market Coupling Operator function, Nord Pool European Market Coupling Operator. Starting as solely Norway-based under the name Statnett Marked, we pioneered cross-border power trading by establishing a Norwegian-Swedish power exchange in 1996, creating both the Nord Pool name and the first international power market.
Since that world first, we have continued to shape coupled power trading in Europe by providing a trusted and transparent marketplace. We have established our place as a driving force towards a single integrated European power market and as a global thought-leader in the field of physical power trading.
As a cornerstone of European energy cooperation, Nord Pool plays a crucial role in promoting competition, price transparency, efficient electricity markets and the increasingly important integration of renewables into the market. We greatly value the support we have had from customers, partners and other stakeholders for Nord Pool’s work over the years and into the future.
Owners, leadership and people
Nord Pool is owned by Euronext (66%) and TSO Holding (34%).
Euronext is a publicly listed company and a pan-European exchange group operating regulated financial markets in Belgium, France, Ireland, the Netherlands, Norway, Portugal and Italy. Euronext also operates non-regulated activities in 16 countries across the world.
TSO (Transmission System Operators) Holding is owned by EPSO-G. (39.6%) and the Norwegian and Swedish state-owned TSOs Statnett (32.2%) and Svenska Kraftnat (28.2%).
Nord Pool's leadership team guides our strategy and heads a dedicated team of 150 employees from 35 nationalities working from six local European offices.
Vision
“To be the leading pan-European energy trading marketplace.”
This is epitomised by Nord Pool’s competitive total cost of trading and clearing, best-in-class customer management, seamless trading platform and API capabilities – and full-service power trading offering.
Mission and purpose
Nord Pool has a clear purpose and mission: “Delivering simple, efficient and secure energy trading – accelerating innovation and sustainable growth.”
We are dedicated to facilitating the integration of renewable energy sources into the trading mix, supporting the transition towards a sustainable and decarbonized energy system. We focus on continuous innovation, exploring new trading products, services and technologies to meet the evolving needs of the electricity market.
Creating value for our members is at the heart of our business. We work closely with stakeholders, regulators and market participants to foster dialogue, share best practice and drive continuous market development. Our adherence to regulatory frameworks and commitment to maintaining a fair and well-regulated market ensures market compliance with relevant energy sector regulations and directives. Driving market efficiency through innovative trading solutions, advanced technology and harmonized market rules, results in trusted prices and effective risk management for market participants.
Company values
We operate with a commitment to our guiding principles: "Together with Integrity towards Excellence". We prioritize collaboration, knowledge sharing and caring within our business as well as in our highly valued customer relationships. At the same time, we are dedicated to upholding Integrity through respect and trustworthiness, while we continuously strive towards Excellence in everything that we do.