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Nord Pool
Nord Pool AS is a pan-European power exchange. Nord Pool has a main office in Oslo and further offices in Stockholm, Helsinki, Tallinn, Berlin and London. The company is owned by the European exchange operator Euronext as well as TSO Holding, which represents the continental Nordic and Baltic countries' transmission system operators (TSOs: Fingrid, Energinet, Statnett, Svenska Kraftnät, and Litgrid). Nord Pool has two subsidiaries, Nord Pool AB and Nord Pool Finland Oy. History 1932-1991: Norwegian origins Nord Pool traces its origin to ' (lit. the ''Coordination Association''), a power exchange formed by eastern Norwegian electricity companies in 1932 on the initiative of Augustin Paus, and which soon encompassed all the electricity companies in eastern Norway. In 1971 the exchange merged with the regional exchanges in other parts of Norway, and became ' (literally the ''Coordination of Power Stations in Norway''), with 118 power companies as members as of 1988. 1991-20 ...
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Euronext
Euronext N.V. (short for European New Exchange Technology) is a pan-European bourse that offers various trading and post-trade services. Traded assets include regulated equities, exchange-traded funds (ETF), warrants and certificates, bonds, derivatives, commodities, foreign exchange as well as indices. In December 2021, it had nearly 2,000 listed issuers worth €6.9 trillion in market capitalisation. Euronext is the largest center for debt and funds listings in the world, and provides technology and managed services to third parties. In addition to its main regulated market, it operates Euronext Growth and Euronext Access, providing access to listing for small and medium-sized enterprises. Euronext's commodity market includes the electric power exchange Nord Pool, as well as Fish Pool. Post-trade services include clearing performed by Euronext's multi-asset clearing house, Euronext Clearing, as well as custody and settlement performed by Euronext's central securities depo ...
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Berlin
Berlin ( , ) is the capital and largest city of Germany by both area and population. Its 3.7 million inhabitants make it the European Union's most populous city, according to population within city limits. One of Germany's sixteen constituent states, Berlin is surrounded by the State of Brandenburg and contiguous with Potsdam, Brandenburg's capital. Berlin's urban area, which has a population of around 4.5 million, is the second most populous urban area in Germany after the Ruhr. The Berlin-Brandenburg capital region has around 6.2 million inhabitants and is Germany's third-largest metropolitan region after the Rhine-Ruhr and Rhine-Main regions. Berlin straddles the banks of the Spree, which flows into the Havel (a tributary of the Elbe) in the western borough of Spandau. Among the city's main topographical features are the many lakes in the western and southeastern boroughs formed by the Spree, Havel and Dahme, the largest of which is Lake Müggelsee. Due to its l ...
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Augustin Paus
Augustin Thoresen Paus (22 July 1881, in Oslo, Christiania – 20 September 1945) was a Norwegian engineer and industrial leader in the hydropower industry. From 1918 he led the construction of the Hydroelectricity, hydroelectric power plant at Rånåsfoss, one of the largest in Europe. Following the construction of the plant, he was the first managing director of Akershus Energi from 1922 until his death in 1945.Augustin Thoresen Paus
''Hvem er Hvem?'', 1930
He was "one of the most prominent leaders in the Norwegian energy industry" until his death.


Career

At age 15 he put to sea without parental permission and only returned two years later in 1898 to pass his examen artium university entrance exam in 1900. He graduated from the Norwegian Military Academy in 1901 and became a second lieutenant in the ...
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Eastern Norway
Eastern Norway ( nb, Østlandet, nn, Austlandet) is the geographical region of the south-eastern part of Norway. It consists of the counties Vestfold og Telemark, Viken, Oslo and Innlandet. Eastern Norway is by far the most populous region of Norway. It contains the country's capital, Oslo, which is Norway's most populous city. In Norwegian, the region is called ''Østlandet'' and ''Austlandet'' ("The east land") in contrast to Vestlandet ("The west land"). Geography As of 2015, the region had 2,593,085 inhabitants, 50.4% of Norway's population. The region is bounded by mountains in the north and west, the Swedish border to the east and by Viken and Skagerrak to the south. The border towards Sørlandet is less obvious. The mountains reach a height of 2469 metres in the Jotunheimen mountain range, the highest point in the Nordic countries (excluding Greenland). Other prominent mountain ranges include part of the Dovrefjell in the far north of the region, the Rondane north ...
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Electricity Market
In a broad sense, an electricity market is a system that facilitates the exchange of electricity-related goods and services. During more than a century of evolution of the electric power industry, the economics of the electricity markets had undergone enormous changes for reasons ranging from the technological advances on supply and demand sides to politics and ideology. A restructuring of electric power industry at the turn of the 21st century involved replacing the vertically integrated and tightly regulated "traditional" electricity market with multiple competitive markets for electricity generation, transmission, distribution, and retailing. The traditional and competitive market approaches loosely correspond to two visions of industry: the deregulation was transforming electricity from a public service (like sewerage) into a tradable good (like crude oil). As of 2020s, the traditional markets are still common in some regions, including large parts of the United Stat ...
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Smestad Samkjøringssal
Smestad may refer to the following locations: *Smestad, Oslo in Oslo, Norway **Smestad (station) Smestad is a station shared by the Røa Line (line 2) and the Kolsås Line (line 3) on the Oslo T-bane system. Although the two lines continue to share track some time after Smestad, passing the former station of Sørbyhaugen which was also shar ..., a metro station in Oslo. * Smestad, Akershus in Rælingen, Akershus, Norway {{Geodis ...
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Litgrid
Litgrid AB is a Lithuanian electricity transmission system operator that operates Lithuania's electricity transmission grid. Litgrid is responsible for the integration of the Lithuanian electricity system into the European electricity infrastructure and the common electricity market. Litgrid has completed the strategic international connection projects NordBalt (Lithuania-Sweden) and LitPol Link (Lithuania-Poland), and currently it is implementing Lithuania's strategic objective of reorienting its power system for synchronous operation with the continental European power grid. The company has over 300 employees. As from 2010, the companies shares are listed on the NASDAQ OMX Vilnius stock exchange. 97.5% of Litgrid's shares are owned by EPSO-G UAB which is directly controlled by the Ministry of Energy of the Republic of Lithuania. History The company was founded in 2010, after the reorganisation of the Lithuanian energy sector in accordance with the requirements of the E ...
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Svenska Kraftnät
Svenska kraftnät is an electricity transmission system operator in Sweden. It is a state-owned public utility, which was created in 1992 by splitting the former government agency Vattenfall into a power generation and distribution company Vattenfall AB and a transmission company Svenska kraftnät. The company has its headquarters in Sundbyberg, near Stockholm in Sweden. Svenska kraftnät owns 28% of Nord Pool along with other Nordic and Baltic transmission system operators. See also *Electricity sector in Sweden *European Network of Transmission System Operators for Electricity *ebiX Ebix, Inc., previously known as ebix.com, Inc. and formerly Delphi Information Systems, Inc., is an American multinational technology company which focuses on e-commerce, cloud computing (SaaS), insurance, finance, healthcare and e-learning. C ... References External links * Government-owned companies of Sweden Electric power transmission system operators in Sweden Companies b ...
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Statnett
Statnett is a Norwegian state owned enterprise responsible for owning, operating and constructing the stem power grid in Norway. The company has its headquarters in Oslo, Norway. Statnett also owns 30% of the Nord Pool Spot along with other Nordic transmission system operators. Network Statnett is the transmission system operator in Norway, operating of high power lines. There are plans to upgrade the western grid from 300 to 420 kV at a cost of 8 billion NOK, partly to accommodate cables to Germany and England. The power grid in Norway is divided into three sectors: the stem net, the regional net and the local net. While it is often local municipalities who own the regional and local net, the government through Statnett owns the stem net. The stem net typically has 300 to 420 kilovolts (kV) and is used to transport electricity large distances. There are a number of international power cables from Norway to abroad, including lines to Sweden (3,600  MW), Finland (120 ...
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Energinet
Energinet is the Danish national transmission system operator for electricity and natural gas. It is an independent public enterprise owned by the Danish state under the Ministry of Climate and Energy. Energinet has some 1150 employees, and its headquarters are located in Erritsø near Fredericia in Jutland. The gas division is located in Ballerup near Copenhagen. The main tasks are to ensure efficient operation and development of the national electricity and gas infrastructure as well as ensuring equal access for all users of the infrastructure. History Energinet was created by a merger of power grid operators Eltra, Elkraft System and Elkraft Transmission, and by natural gas transmission system operator Gastra. The merger took place on 24 August 2005 with retrospective effect from 1 January 2005. Eltra owned the electricity transmission network west of the Great Belt and was system operator there. It was owned by 44 network companies there. To the east of the Great B ...
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Fingrid
Fingrid Oyj is a Finnish national electricity transmission grid operator. It is owned by the Finnish state (53.1 %) and various financial and insurance institutions (46.9 %). In 2011, power companies Fortum Power and Heat Oy and Pohjolan Voima sold their stakes in Fingrid (25% each), because of EU Internal Market Directive in Electricity, which requires that power production and ownership of the transmission systems should be separate. CEO of the company is Jukka Ruusunen. The transmission from and to the Russian network was interrupted by the Russian side on May 13, 2022. See also *Energy in Finland *European Network of Transmission System Operators for Electricity ENTSO-E, the European Network of Transmission System Operators, represents 39 electricity transmission system operators (TSOs) from 35 countries across Europe, thus extending beyond EU borders. ENTSO-E was established and given legal mandates by ... (ENTSO-E) References External links * Companies based in H ...
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Transmission System Operator
File:Electricity grid simple- North America.svg, 380px, Simplified diagram of AC electricity grid from generation stations to consumers rect 2 243 235 438 Power station rect 276 317 412 556 Transformer rect 412 121 781 400 Electric power transmission rect 800 0 980 165 Transformer desc bottom-left A transmission system operator (TSO) is an entity entrusted with transporting energy in the form of natural gasEuropean Network of Transmission System Operators for Gas
''''. Retrieved: 2 October 2010.
or electrical power on a national or regional level, using fixed