In a brand new specialised course from Nord Pool Academy, we bring together thought leaders from the TSO level, from power technology experts Volue and Nord Pool, to take a one-day deep-dive into flow-based trading, at the beautiful waterside location of Strandvägen 7A, Stockholm.

Together, we will be examining the unique interplay of price and flow, making sense of these two key factors in flow-based trading, both intuitively and mathematically. This newly developed course will include mathematic calculation examples, a look at what the TSOs are doing to refine input data, as well as impact on the intraday market. In addition, the course will unpack the influence of flow-based on external borders and explain the peculiar phenomenon of price differences independent of line congestion. And with flow-based having at its core the prospect of increased social welfare – we will take a magnifying glass to its social welfare impact and the concept and contribution of non-intuitive flow.

Meanwhile, Volue’s experts will provide insight into a complex market; with unique analysis of price/exchanges and coupling effects between the Nordic region and Continental Europe, together with explanations of the key fundamentals (focusing on the SE1-SE2 and SE2-SE3 borders).

Programme

TSO and Flow-Based Market Coupling (2.5 hours)
• Introduction to flow-based market coupling
• Price and flow dynamics: intuitive and mathematical approach
• NO3 case study: low prices despite imports
• Shadow price calculations with examples
• TSO efforts to improve input data
• Data sources for market analysis
• Impact on the intraday market
Krishna Solberg, Senior Advisor - Market Design -Statnett

Nordic Flow-Based Market & External Borders (2 hours)
• Impact of Nordic flow-based on external border flows
• Price differences on ATC lines without congestion
• Advanced Hybrid Coupling: impact of production on CNEC constraints
• Using JAO to analyse binding CNECs and HVDC flow impacts (case study)
• Non-intuitive flows and their role in increasing social welfare
• Evaluating the welfare impact of Nordic flow-based, post-implementation
Matin Bagherpour, Senior Algorithm Design Expert - Nord Pool

Market Analysis on Price, Exchanges, and Coupling Effects (1–1.5 hours)
• Analysis of price dynamics, exchanges and coupling effects in the Nordics and
between the Nordics and Continental Europe.
• Explanation of key market fundamentals = focus on SE1-SE2 and SE2-SE3
borders.
• Practical use of analytical tools to replicate a similar (but distinct) market analysis
to the one shared in the LinkedIn post.
• Q&A session - insights and findings.
Silvia Messa, Head of Analysis – Continental Europe and Japan, Volue &
Gro Klaebo, Head of Analysis – Nordics, Volue

Fee
The participation fee is listed in the registration form and includes all presentations, lunch and snacks during the course.

Nord Pool, Energiföretagen & Adato members:… EUR522
All others:....EUR695

To ensure we can give this important aspect of modern power trading the detailed attention it demands, participant numbers are limited. Availability is therefore allocated on a first come, first served basis.

Please note – if travelling you must book your own accommodation. More details will follow upon registration.

If you are a student, journalist or feel a discount should be applicable to you, please
contact us at academy@nordpoolgroup.com to discuss.

Questions?
Feel free to send any questions you have about the course to: academy@nordpoolgroup.com or call +47 907 39 661.