Nord Pool, Europe’s leading power market, is pleased to announce that it will include the Transmission Outage Messages, Offshore Grid and other Market Information Messages available in the Nordic Transmission System Operators system NUCS, in its own proven Urgent Market Message (UMM) transparency platform, from Tuesday 3 December.
The established UMM transparency platform from Nord Pool makes available all relevant unavailability information for the Nordic and Baltic region. Nord Pool will circulate the information available on the NUCS system, as quickly and fully as possible, while customers continue to benefit from being fully compliant with transparency regulations and the Regulation on Wholesale Energy Market Integration and Transparency (REMIT) when using Nord Pool’s UMM system.
Marianne Wergeland Jenssen, Director Markets at Nord Pool said: “Our proven UMM system, one of the insider information platforms approved by the Agency for the Cooperation of Energy Regulators, will fully support power trading compliance needs as it has always done. Nord Pool is an approved third-party data provider to Entso-e in the Nordic/Baltic countries and Germany and aims to become a third-party data provider in other European countries soon. Market participants need to be aware that next year they will have to choose their preferred outage platform.”
To find out more about what is on offer through the Nord Pool UMM transparency platform, contact: support@nordpoolgroup.com.
About Nord Pool
Nord Pool, Europe’s leading power market, delivers efficient, simple and secure trading across Europe. The company offers day-ahead and intraday trading, clearing and settlement to customers regardless of size or location. Today 360 companies from 20 countries trade on Nord Pool’s markets.
Nord Pool operates markets in the Nordic and Baltic regions, Germany, France, the Netherlands, Belgium, Austria and the UK. Nord Pool is a Nominated Electricity Market Operator (NEMO) in 15 European countries, while also servicing power markets in Croatia and Bulgaria. In 2018 Nord Pool had a total turnover of 524 TWh traded power. The company has offices in Oslo, Stockholm, Helsinki, Tallinn, London and Berlin.
Nord Pool has 25 years of power market experience built on offering flexibility, transparency, innovation, greater choice and participation to our customers.
Oslo, 2 December 2019
For further information, please contact:
Stina Johansen, +47 916 50 603 - stina.johansen@nordpoolgroup.com