page_title: Nord Pool
section_title: 1932-1991: Norwegian origins
hierarchical_section_title: Nord Pool / History / 1932-1991: Norwegian origins
caption_attribution_description: Norsk bokmål: Kontrollrom for samkjøringen av kraftverkene på Østlandet i 1934.
context_page_description: Nord Pool AS is a European power exchange owned by Euronext and the continental Nordic and Baltic countries' Transmission system operators. Nord Pool delivers power trading across Europe. Nord Pool offers day-ahead and intraday trading, clearing and settlement, data and compliance, as well as consultancy services. More than 360 customers trade on Nord Pool today.
  Nord Pool operates power trading markets in Norway, Denmark, Sweden, Finland, Estonia, Latvia, Lithuania, Germany, the Netherlands, Belgium, Austria, Luxembourg, France and the United Kingdom. Nord Pool is a Nominated Electricity Market Operator in 15 European countries, while also providing serviced power markets in Croatia and Bulgaria.
  In 2019 Nord Pool had a total turnover of 494 TWh traded power, this includes more than 90% of total power consumption in the Nordic and Baltic market. The company has offices in Oslo, Stockholm, Helsinki, Tallinn, London and Berlin.
context_section_description: Nord Pool traces its origin to Foreningen Samkjøringen (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 Samkjøringen av kraftverkene i Norge (literally the Coordination of Power Stations in Norway), with 118 power companies as members as of 1988.
caption: 1934 control room of Foreningen Samkjøringen at Smestad in Oslo
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