no 05/08 Strong member influx and volume development at Nord Pool


(Lysaker, 13 March 2008) Mercuria Energy Group Ltd., Skandinaviska Enskilda Banken AB and Technor Energy Trading are among 15 new counterparties that have joined the Nord Pool markets in 2008.  

The member influx from 2007 and the start of 2008 also contribute to a strong volume development in the first two months of 2008, where volumes in the carbon market have more than tripled compared to last year. 

The 15 new counterparties can trade and clear Nordic, German or Dutch power derivatives, the carbon derivatives EUAs (EU's carbon scheme) and CERs (UN's carbon scheme) or fish derivatives at Nord Pool. This brings the total number of unique legal counterparties up to 415, strengthening Nord Pool's position as Europe's leading power and carbon derivative exchange. In 2007, Nord Pool gained 55 net new exchange members and clearing members/clients. 

This is also backed by the traded and cleared volume in Nord Pool's markets. By the end of the first two months in 2008, the volume of traded and cleared power derivative contracts totalled 520 TWh compared with 355.6 TWh in the same period in 2007. This is an increase of more than 46 per cent. In the carbon market, Nord Pool has more than tripled the volume compared to last year, trading and clearing 33.7 million tonnes EUA and CER compared with 10.8 million tonnes the previous year. 

About the new members
The Mercuria Energy Group Ltd. is an international group of companies active over a wide spectrum of global energy markets including crude oil and refined products, petrochemical products, natural gas, power and carbon emissions. Mercuria is one of the ten largest independent private crude oil and petroleum products traders in the world.

SEB AB is a North-European financial group for corporate customers, institutions and private individuals. Its activities comprise mainly banking services, but SEB also carries out significant life insurance operations. SEB serves more than 400,000 corporate customers and institutions and more than five million customers in the Nordic and Baltic countries, Germany, Poland, Russia and the Ukraine and strategic presence through its international network in another ten countries. 

Technor Energy Trading is set up to maximize the value of Technor Energy's power production units in the Balkans and focus on financial trading of power derivatives in the Nordic region. In addition the company will also trade carbon products.
For further  information, please contact Nord Pool ASA:  

Torger Lien, president and CEO, phone +47 6752 8070/+47 9188 8112

Lars Galtung, vice president communications, phone +47 6752 8080/+47 9821 4812 


About Nord Pool ASA
Nord Pool ASA is Europe's largest power derivatives exchange and the only to provide trade in emissions allowances (EUAs) and carbon credits (CERs). The company has more than 400 members from 20 countries across a wide range of energy producers and consumers, as well as financial institutions. Nord Pool ASA embraces the wholly-owned Nord Pool Clearing ASA and Nord Pool Consulting AS subsidiaries. It is jointly owned by the transmission system operators (TSOs) Svenska Kraftnät and Statnett. The company has offices in Lysaker (Oslo), Stockholm, Helsinki and Amsterdam.