All participants who meet the requirements set by Nord Pool Spot are given access to Nord Pool Spot AS physical markets. Trading in Nord Pool Spot AS requires signing a balance agreement with the TSO responsible or an open power delivery agreement with a balance responsible party in the bidding area in question.

Participants from outside the Nordic countries who want to import or export to/from the Nordic market, trade on the same terms within the exchange area and through individual “capacity windows” procured either through a capacity auction or long-term rights for usage of interconnectors.

The presence of a power exchange has contributed to the high level of trade activity in the Nordic power market, and will probably prove to be an important element in the emerging competitive European market.