Welcoming new EU law on intraday orders
The obligation on NEMOs to share their intraday orders up to delivery in key European markets took effect on Tuesday 16 July.
At Nord Pool we welcome the new EU law establishing the extended shared order book, making it possible for all European power exchanges to offer customers the same liquidity from the beginning to the end of intraday trading, in all bidding zones.
Tom Darell, CEO at Nord Pool, said: “Our customers are excited about this long-anticipated extension of the shared order book into the final hour of intraday trading, finally becoming a reality. Nord Pool customers will now be able to trade right up to gate closure in key markets.”
Market Data - Time to Change
Support for Nord Pool’s Market Data API v1 has now ceased and all related endpoints will be removed by the end of September. That means users need to migrate to the latest version now to avoid service disruptions.
Our new API v2 consolidates multiple endpoints into one and introduces new API endpoints providing curve data for countries as well as contract statistics or total intraday statistics for a given date and bidding zone. Intraday Delayed and Hub to Hub Capacities APIs are not affected.
If you have any questions about the change, please contact: pds@nordpoolgroup.com
Pietro's Viewpoint
Our Executive Vice President for Central Western Europe, Pietro Rabassi, was recently interviewed by Bloomberg Adria where he discussed:
• The EU electricity market reform which looks at addressing energy crises by incentivizing and facilitating renewable energy investment while also empowering Member States to stabilize electricity markets.
• The energy transition
• How Nord Pool plays a central role in developing the power market
Data Delivered for Retailers
Nord Pool’s specialised offer for electricity retailers allows them to easily share up-to-date power prices with their customers.
Market data is available via API and allows retailers to share power prices through their own private portal:
- Display price data
- All history available
- Downloads allowed
- Cost effective – one payment, no variable fees
Explaining the Power Market
Join us for our next Physical and Financial Power Market Course on 29 - 30 October 2024 in person in Oslo, or online.
This detailed course unravels the complexity of the power market and is suitable for traders and investors, as well as those with a more general interest in the increasingly important energy sector - such as lawmakers, energy regulators, journalists and investors.
A Look at June Prices
Watch the video of Nord Pool’s latest monthly price summary for an overview of June's power prices, delivered this month by Trading Adviser Tor Guldal.
You can find more detailed market data, both current and historic, at our dedicated data portal.