There is also informal information flow towards other Nordic authorities, such as competition-, energy- and financial authorities. This is done following approval from Kredittilsynet or NVE.

Market surveillance regularly publishes reports for the previous period, which can be found on the Nord Pool web site. Any sanctions imposed will be published after taking effect.

In order for any market to prosper and grow one needs to have confidence in the pricing mechanisms, in the transparency of price relevant information and in the integrity of the market.

The Nordic power market has an international reputation for being the most developed and well functioning electricity market in the world in relation to size, liquidity and transparency.

Market surveillance has an important role in establishing and maintaining this confidence and integrity by having a strong and visible presence in the market.

Market surveillance continuously monitors the market conduct of trading participants, and investigate possible breaches of the trading rules or applicable laws.

Essentially market surveillance is looking for any matters related to the market participants’ business in the markets that are likely to have a substantial impact on the prices.

All information acquired in investigations and cases handled by market surveillance is treated as strictly confidential and only authorised personnel has access to the department’s premises.