The changes take effect from Tuesday 18 March and Wednesday 19 March, for intraday auctions and intraday continuous products, respectively.
The transition from a 60-minute to a 15-minute MTU will enable Nord Pool customers to benefit from more efficient and effective matching of intraday trading supply and demand. First trading day for Intraday Auctions (IDAs) in Norway and Poland using the new MTU was 18 March, for delivery 19 March. For the intraday continuous market in Norway, 15-minute MTU products became available on Wednesday 19 March and will be in addition to established 60-minute products.
Tom Darell, CEO at Nord Pool, a Euronext company, said: “This is an important change for our Nordic members. We have been working closely with them to ensure they can take full advantage of the opportunities which shorter trading periods provide.
“The new 15-minute MTU is particularly valuable in accommodating the increasing amount of renewable power in the trading mix, which makes an important contribution to the green transition we are seeing in the energy sector.”
To take advantage of the new trading opportunities presented by the introduction of the 15-minute MTU, please contact your local market manager.
Further information on the transition to 15-minute MTU can be found here.
About Nord Pool
Nord Pool, the European power market, delivers efficient, simple and secure trading across Europe. The company, which is majority owned by Euronext, offers day-ahead and intraday trading, clearing and settlement, and additional services, to customers regardless of size or location. Today 400 businesses from 20 countries trade on Nord Pool’s markets.
Nord Pool operates markets in the Nordic and Baltic regions, Germany, Poland, France, the Netherlands, Belgium, Austria, Luxembourg and the UK. Nord Pool is a Nominated Electricity Market Operator (NEMO) in 16 European countries, while also servicing power markets in Bulgaria, Croatia and Georgia. In 2024 Nord Pool had a total turnover of 1150 TWh traded power. This total does not include 2 TWh traded on the newly established intraday auctions, between 13 June and 31 December 2024.
Nord Pool’s more than three decades of power market experience is built on offering flexibility, transparency, innovation, greater choice and participation to our customers.
For more information, please contact:
Stuart Disbrey
Communications Director
[email protected]
Irene Zeier
Communications Director
[email protected]
Oslo, 19 March 2025