The Physical and Financial Power Markets Course

Next Date: 10 and 11 November 2026

This  two-day course, held in English, sees experts from Nord Pool and other leading power sector organisations, addressing the most recent and relevant changes in the energy markets, as well as giving an overview of potential future developments. The course will take place at the Hotel Continental, Oslo and will be available online.

Format

Join in person or via virtual classroom 

Who is it for

Traders, investors or anyone working in the back or front office, lawmakers, energy regulators and students 

Nord Pool Digital Diploma

Take the online test to get your Digital Diploma! 

Gain practical insights and a strong understanding of the European power market by exploring core topics including: 

The European Power Market Model

  • The historic context for the introduction of power markets in Europe     
  • Introduction to Power Market concept and development     
  • Roles and responsibilities of all market players     
  • Merit order, supply curve and security of supply     
  • European and global power market development   
  • Regional market integration (Security of supply)    
  • Cross border trading     

TSO-Transmission System Operator

  • TSO’s role and responsibilities   
  • Ancillary markets   
  • Relationship between intraday and balancing markets   
  • ATCs and change to Flow based   
  • Future development   

 

European Day-ahead markets

  • Trading in a Day-Ahead Market   
  • Order types   
  • Price formation, Area Price and System Price  
  • Bidding areas  
  • Explicit versus implicit auction   
  • Day-Ahead Congestion Management   
  • Future development of the market   

 

Intraday Continuous: The road to a fully connected Europe

  • Order types and products   
  • The role of the Intraday Market     
  • SIDC/XBID (European coupling of Intra-Day market)   
  • API vs UI trading  
  • Future development of the market   
  • Live Demo of the Trading System  

 

Intraday auctions

  • Order types and products   
  • Intraday Auctions versus Intraday Continuous   

Market surveillance

  • Intro to market surveillance   
  • REMIT   
  • inside information and transparency    
  • UMM process and systems   
  • Market rules   
  • What is allowed and not in market?   

Risk management, Clearing and Settlement of Electricity contracts 

  • Introduction – role of central counterpart & clearing    
  • Markets, the clearing process and membership types    
  • Collateral and margining    
  • Risk management 

Financial power market  

  • Introduction to the financial power market   
  • Financial products and hedging    
  • Clearing and settlement of financial products   
  • EPAD (Electricity Price Area Differential)   

External speakers and hot topics:

Example of previous topics: PPAs (Power Purchase Agreement, GOs and renewable power markets, Power markets from a Producer’s perspective) 

Aperitif

First day is rounded off with aperitif when you have a chance to network with speakers and fellow participants.  


Fee

Physical participation (*):

Fee for members: ……………………………   EUR 1125 

Fee for non-members: ……………………… EUR 1500 
  

The participation fee includes all presentations, online material and test of knowledge.
(*)The fee also includes lunch and snacks during the course. 

To ensure we can answer all questions, participant numbers are limited. Availability is allocated on a first come, first served basis. 

Please note - you must book your own accommodation. More details will follow upon registration. 

If you are a student, journalist or feel you may be entitled to a discount, please get in touch.  

Nord Pool Digital Diploma: Test of Knowledge    

One week prior to the course, all confirmed participants will be given access to the course’s online material. This includes an explanation of industry acronyms and an introduction to some of the basic concepts. Video recordings from previous courses are also included. The online material serves as a useful source of information about the finer detail of the power markets and also as an online knowledge test. 

Prove your skills by taking the online test of knowledge within a week after completing the course and gain the Nord Pool Digital Diploma.

Questions?

Feel free to send any questions you have about the course to: [email protected] or call us on +47 459 79 183.

Customer Reviews

I enjoyed the Physical and Financial Power Market Course. The presenters and course content were pedagogical, focusing more on understanding key concepts than exotic details. As an engineer with limited knowledge of economics and markets, this made it possible to learn fast. It was also a nice place to meet people working in different countries and fields. Highly recommended. – Kjetil Karlsen Saxegaard at NVE