Nordjysk Elhandel A/S new member of the UK energy market N2EX
Lysaker, 19 October 2010
Nord Pool Spot and NASDAQ OMX Commodities are pleased to announce Nordjysk Elhandel A/S as new member of N2EX. Nordjysk Elhandel A/S is now the 19th company to join the N2EX since its launch on 12 January, 2010.
“We are very delighted to complete the accession to the N2EX market. We are confident that this new initiative of Nord Pool Spot and NASDAQ OMX will increase the liquidity and transparency of the UK market,” says Søren Kjær Petersen, Head of Markets in Nordjysk Elhandel A/S.
Nordjysk Elhandel A/S (NEAS) is a company that is settled in northern Denmark and has its roots as a regional electricity provider. While currently managing over 1500 MW of installed wind capacity in their home country, NEAS has expanded their activities to most of Western Europe in the last years. This includes Germany, France, Italy, Switzerland, Austria and now Great Britain.
“We are pleased to have Nordjysk Elhandel A/S joining N2EX and contribute to the increasing importance of N2EX in the electricity market,” says Siw Hauge, Director Communications of Nord Pool Spot.
Members N2EX:
Scottish Power Energy Management Ltd., E.ON Energy Trading SE, RWE Supply & Trading GmbH, Statkraft Markets GmbH, Vitol S.A, Royal Bank of Scotland PLC, EDF Trading Ltd., SSE Energy Supply Ltd., Morgan Stanley Capital Group Inc., Merrill Lynch Commodities Ltd., Deutsche Bank AG, Danske Commodities A/S, Gazprom Marketing & Trading Ltd., First Hydro Company, Accord Energy Limited, IPM Energy Trading Limited, Barclays Bank Plc, SmartestEnergy Limited and Nordjysk Elhandel A/S.
For further information, please contact N2EX:
Press contact:
Siw Hauge, Director Communications, Nord Pool Spot AS, phone + 47 9061 5992
About N2EX
N2EX is the name of the UK power market offering from NASDAQ OMX Commodities and Nord Pool Spot. NASDAQ OMX Stockholm AB is the authorised clearing house.
The web site, www.n2ex.com, provides market information and documentation for the UK power market.
About NASDAQ OMX Commodities
NASDAQ OMX Commodities is the brand name for offerings related to commodities within the NASDAQ OMX Group, Inc and is not a legal entity. NASDAQ OMX Commodities provides access to the world’s largest power derivatives exchange and one of Europe’s largest carbon markets, through Nord Pool ASA. Nord Pool ASA is a commodity derivatives exchange authorised by the Norwegian Ministry of Finance and supervised by the Norwegian Financial Supervisory Authority. NASDAQ OMX Commodities also provides clearing services through NASDAQ OMX Stockholm AB and its Norwegian branch NASDAQ OMX Oslo, acting as an authorised clearing house. N2EX is the brand name for NASDAQ OMX Commodities’ and Nord Pool Spot AS offering in the UK power market and NASDAQ OMX Stockholm AB is the authorised clearing house.
NASDAQ OMX Commodities has more than 370 members from over 20 countries covering a wide range of energy producers, consumers and financial institutions.
For more information about NASDAQ OMX Commodities, visit www.nordpool.com and www.nasdaqomx.com/commodities.
About Nord Pool Spot
Nord Pool Spot runs the largest market for electrical energy in the world, offering both day-ahead and intraday markets to its participants. 330 companies from 20 countries trade on the exchange. The Nord Pool Spot group has offices in Oslo, Helsinki, Stockholm, Fredericia (Denmark), Tallinn and London. Nord Pool Spot is owned by the Nordic transmission system operators. In 2009, the group had a turnover of 288 TWh representing a value of EUR 10.8 billion.
For more information, visit www.nordpoolspot.com.
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