Our ojective/foundation

The objective of Nord Pool Spot AS is to organize, operate, and develop a market place for spot trade in electrical power in the Nordic countries, and also offer services in connection with this trade. The company can also own interests in other companies of the same or similar object or activities.

Our vision

To be the leading power spot exchange in Europe. By leading we mean that we have

• Highest market share amongst non-mandatory exchanges
• Best value-for-money fee structure 
• Best-in-class price calculations systems
• Best-in-class customer services including product mix and information flow

Our mission

We add value to our customers by providing price transparency and quoting reliable prices

Our goals

• Provide price transparency at the Nordic power market
• Optimise the utilisation of grid capacities with the purpose to minimise price difference between price areas
• Promote a European spot market co-ordination center for market coupling purposes
• Quote reliable day-ahead and intra-day market prices which are the preferred price reference for forward energy contracts
• Offer a product mix adjusted to the requirement of the market
• Advise TSO’s and energy authorities on development of the market
• Monitor the development of the growing interdependence between power and gas markets