Services for Power Exchanges
As part of our Serviced Market Operations, we provide customized trading platforms and software solutions to a number of local power markets.
Nord Pool Serviced PX provides end-to-end consultancy and IT services, covering market design, rule development, implementation and ongoing operations. Additionally, Power Exchange as a Service can enable robust market surveillance and facilitate the coupling of local power markets into the European internal market.
Key Project: Independent Bulgarian Power Exchange
Nord Pool acted as the project manager for the consulting and delivery project regarding the set-up of the IBEX that went live in January 2016. IBEX is now operated by Nord Pool.
The delivery project contained the required setup of the day-ahead market and settlement systems for IBEX.