The Nordic countries have the most harmonised cross-border electricity market in the world. It has, over time and through several important policy milestones, consolidated and merged four distinct national markets into one single and common market. Though there are still issues to be resolved, it should be acknowledged that the Nordic electricity market nonetheless serves as an example for other actors such as the EU. The electricity market group aims to establish a free and open market with efficient trade with neighbouring markets.
- Nordic grid investments and plans
- Integration of renewable energy in the Nordic electricity market
- Developing a common Nordic end user market
- Strengthening the Nordic electricity market based on experiences from price peaks during the winter of 2009/2010
- How the Nordic electricity market functions
The role of Nordic Energy Research
Nordic Energy Research functions as a secretariat for the Nordic Council of Ministers’ working groups for electricity markets, renewable energy and scarcely populated areas. These working groups consist of experts from public institutions in the five Nordic countries, who commission analyses for and provide advice to support Nordic Ministerial cooperation in energy issues. In addition to the Electricity Market Group, Nordic Energy Research is responsible for the working groups for renewable energy, wind power, and for sparsely populated areas.
To see the current members of the group, visit the working group’s webpage.