Nasdaq Commodities told traders on Wednesday its clearing house would stop admit non-backed bank guarantees as security next year to comply with EU regulations, eliminating "a pillar" of the Nordic electricity market that could touch 60 percent of its participants.
read more... 30/04/2015
Finnish utility Fortum has decided to sell its Swedish power distribution business to a conglomerate comprising Canada's Borealis for approximately 6.6 billion euros ($6.9 billion), finalizing its withdrawal from Nordic electricity grid assets.
read more... 16/03/2015
The European Energy Bourse, EEX, declared on Monday it will start exchange trading of Nordic, Spanish and Swiss electricity futures on February 16, improving them from membership of its trade registration method.
read more... 27/01/2015
Norwegian energy company Statoil has inked an agreement to vend gas to Ukraine state gas firm Naftogaz, according to the Nordic company on Friday, supplying another source of gas for Ukraine after Russia’s halt of supplies.
read more... 06/10/2014
Sweden's most important opposition party, which is likely to win the major share of the vote in an election next week, could vend several of the non-Nordic business of state-owned energy conglomerate Vattenfall if it comes to electricity, according to a senior party official.
read more... 05/09/2014