Nordic balancing market: what will the future bring?
Nordic balancing market: what will the future bring recording description
The Nordic balancing market has changed rapidly, with a move to fifteen minute balancing and automated market clearing. After the switch to flow based market coupling in October 2024, less cross border capacity is available for reserve exchange and local flexibility now matters more. In this session, Nordic market expert Priyanka Shinde explains what is driving recent price spikes, how policy changes and grid constraints shape imbalance prices, and what to watch in the months ahead. You will leave with a clear view of the mechanics, the risks and the opportunities for trading, operations and investment.
Nordic balancing market: what will the future bring overview
Market refresh: timeline of key changes and why they matter
Fifteen minute balancing: settlement, bidding and operational impacts
Automation of market clearing: how the algorithm sets prices in real time
Flow based coupling: cross border capacity for reserves and the shift to local flexibility
Drivers of recent price spikes: supply and demand imbalance, weather and outages
Policy and regulatory updates: effects on behaviour and costs
Renewables, grid constraints and demand: links to curtailment and volatility
Strategies for participants: forecasting, portfolio response and risk controls
Outlook for the coming months and indicators to monitor
Questions and answers
Who should watch?
Energy traders and market analysts who need to refine strategies in volatile balancing markets
Portfolio managers and policy professionals focused on risk management and market design
Utilities and short term power teams seeking operational excellence in a fifteen minute environment
Storage, flexibility and renewable operators managing imbalance exposure and curtailment risk
Investors, lenders and advisors evaluating Nordic market risk and opportunity