Nord Pool, de leading power market operator for Europe, don win big with a new tender from Statnett, de Norwegian energy transmission system operator. Dem go run de Electricity Price Area Differentials (EPAD) futures contract auctions for Statnett.
Dis new auctions go involve Statnett buying and selling monthly, quarterly, and calendar capacity contracts on three borders: NO1/NO2, NO1/NO5, and NO3/NO4. Dis move go help in managing electricity prices and ensuring efficient power distribution across different regions.
Nord Pool also dey emphasize de importance of shared order books in both intraday and day-ahead timeframes. According to dem, dis shared order books essential for full and fair competition between power exchanges in Europe.
Recent proposals from de European Commission on power market reform and comments from other power exchanges have brought de issue of shared order books back into de spotlight. Nord Pool believe say sharing order books should be mandatory whenever technically possible.
