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.

Services for Power Exchanges: Powering Local Markets with Tailored Solutions 

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, Serviced PX can enable robust market surveillance and facilitate the coupling of local power markets into the European internal market.  

Our Customers and Partners:

Icelandic Power Exchange (Project Phase) 

Key Services for Power Exchanges 

Through Serviced PX, Nord Pool empowers energy markets with the expertise, technology and strategic support needed to drive efficiency, transparency and long-term success. 

 

Market Design and Regulatory Framework

Establishing a strong legal foundation and market-specific rules that align with local needs, while ensuring compliance with European market standards.

Ownership Structure and Organizational Set-Up

Defining governance, ownership models, financing and business strategies for sustainable market operations. 

Customized Trading Platforms

Managing the end-to-end IT delivery process and tailoring trading systems to fit the unique requirements of each market. 

Operational Processes

Providing comprehensive training on trading platforms and formalizing operational agreements to ensure smooth market functioning.  

Business Continuity and Monitoring

Delivering ongoing customer support, market surveillance, and ensuring uninterrupted operations