Technical FAQs 3

How much does a power system cost in the Nordic region?

OSLO, Aug 22 (Reuters) - The reference power price for the Nordic region hit a new record high on Monday, data from power exchange Nord Pool showed. The Nordic system price , climbed to a record392.34 euros ($392.50) per megawatt hour (MWh), the data showed.

How does the Nordic spot market work?

euros per megawatt-hour. The Nordic spot market is divided into sub-regions to balance production and consumption, and avoid congestion of the electricity grid. Only a part of the electricity supplied to Denmark, Sweden, Finland, and Norway is sold on the NordPool market, with the remainder exchanged through long-term or bilateral contracts.

Does Nord Pool update price indices?

This update is mandated externally and is not within our control. For users who require different resolutions, Nord Pool has introduced normalized price indices for a set resolution. The change only applies to delivery dates after go-live date.

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Nordic energy storage power station prices

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