European power: Can the Nordic market be replicated?
In the second of a series of in-depth features looking at power markets in Europe, Rachel Morison examines the strengths of the Nordic market as a model for the rest of Europe and finds out what lessons can be learnt
The Nordic power market is often championed as a shining example to the rest of Europe, as being efficient and well-functioning. Although there are still inefficiencies to be ironed out, the EU would do well to learn from the Nordic template if its vision of a competitive and fully integrated marketplace is to become a reality.
According to market experts, the vital ingredient to the Nordic power market’s success has been co-operation – not just of a political nature, but also between
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