International Power Trade : The Nordic Power Pool

Scandinavia, where countries have traded power for decades, has the world's most developed international market for electricity. Recently the trading system has changed dramatically, moving from the old model of cooperation among the leading vertically integrated utilities in each country, under the Nordel agreement, to competitive market rules. Norway and Sweden established a common power market, Nord Pool, in 1996, and Finland joined in June 1998. This Note examines why Nord Pool came into being, what conditions facilitated its development, and what lessons it provides for World Bank client countries.

Bibliographic Details

Main Author:	Carlsson, Lennart
Format:	Viewpoint biblioteca
Language:	English
Published:	World Bank, Washington, DC 1999-01
Subjects:	BILATERAL CONTRACTS, BORDER POWER FLOW, DISTRIBUTION ACTIVITIES, DISTRIBUTION SYSTEMS, DISTRIBUTION UTILITIES, ELECTRIC POWER, ELECTRICITY, ELECTRICITY PRODUCERS, ELECTRICITY SUPPLY, ENERGY LEGISLATION, ENERGY MARKETS, ENERGY TRADE, ESTABLISHMENT OF INTERCONNECTIONS, EXPORTS, GAS, GENERATION MARKET, GENERATORS, GRID, GRID ACTIVITY, GRID COMPANIES, GRID COMPANY, GRID OPERATORS, GRIDS, HEAT, INTERNATIONAL POWER EXCHANGE, INTERNATIONAL POWER TRADE, MONOPOLY UTILITY, NUCLEAR POWER, OIL COMPANIES, POWER, POWER COMPANIES, POWER GENERATION, POWER MARKETS, POWER POOL, POWER SECTOR, POWER SYSTEMS, POWER TRADING, POWER TRADING COMPANIES, SPOT MARKET, TRANSMISSION, TRANSMISSION ACTIVITIES, TRANSMISSION CAPACITY, TRANSMISSION NETWORKS, TRANSMISSION OF ELECTRICITY, VOLTAGE ELECTRICITY TRADE, INTERNATIONAL MARKETS, OLIGOPOLIES, MARKET BASED MECHANISMS, REGIONAL COOPERATION, POOL, FUTURES MARKETS, ELECTRIC UTILITIES, ECONOMIC COMPETITION,
Online Access:	http://documents.worldbank.org/curated/en/1999/01/441513/international-power-trade-nordic-power-pool http://hdl.handle.net/10986/11498
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