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nordpoolgroup.com Scam Check: 100/100 Trust | ScamMinder

Website: nordpoolgroup.com

Screenshot of nordpoolgroup.com

Safety Score

100/100
✓ Safe Website

This website appears legitimate based on AI analysis.

AI Analysis Results

Category: Financial
About this website:

https://nordpoolgroup.com redirected to https//www.nordpoolgroup.com during the time we crawled it. Nord Pool is a leading power market in Europe, offering day-ahead and intraday markets to its customers. It has been in operation for over 30 years and is known for its efficient and secure market data services. Nord Pool is set to launch a dedicated Nordic and Baltic power derivatives market in partnership with Euronext, called Euronext Nord Pool Power Futures. This market will be cleared by Euronext Clearing and traded on the Euronext Optiq® platform, with customer testing scheduled for March 2025. Nord Pool also supports the Independent Romanian Power Exchange (BRM), which has successfully launched trading as part of the European Single Day-Ahead Coupling (SDAC). This demonstrates Nord Pool's involvement in and support for the broader European power market. In addition to its market operations, Nord Pool is committed to knowledge sharing and education in the energy sector. It has launched the Nord Pool Academy, which offers online e-learning opportunities, including the Nord Pool Certified Day-Ahead Trader Course. This course aims to share Nord Pool's decades of knowledge and experience in the European day-ahead market. Nord Pool advocates for the mandatory sharing of order books in both intraday and day-ahead timeframes to enable fair competition between power exchanges in Europe. This stance aligns with its belief in promoting full and fair competition in the energy market. The website also provides detailed information on its market operations, including day-ahead and intraday trading, order types, price calculations, market surveillance, and various data services. It offers a range of services to support electricity retailers and compliance with regulatory requirements, such as the REMIT (Regulation on Wholesale Energy Market Integrity and Transparency) reporting. Nord Pool's commitment to transparency and compliance is evident in its publication of market surveillance newsletters, expert reports, and whitepapers. It also provides information on upcoming events, webinars, and courses through its media and events sections. The company's dedication to environmental, social, and governance (ESG) principles is highlighted, and it offers product offerings aligned with the Norwegian Transparency Act. Overall, Nord Pool's website reflects its position as a reputable and established player in the European power market, with a focus on transparency, education, and promoting fair competition. Its collaboration with Euronext and support for initiatives like the Independent Romanian Power Exchange demonstrate its active involvement in shaping the future of the energy market in Europe."

Risk Assessment: safe
📊 Analysis Reasons:
  • Established player in the European power market, Over 30 years of operation, Leading power market in Europe, Offers day-ahead and intraday markets, Set to launch a dedicated Nordic and Baltic power derivatives market with Euronext, Supports the Independent Romanian Power Exchange (BRM), Launch of the Nord Pool Academy for online e-learning, Offers the Nord Pool Certified Day-Ahead Trader Course, Advocates for mandatory sharing of order books for fair competition, Detailed information on market operations, trading, and data services, Commitment to transparency and compliance with regulatory requirements, Publication of market surveillance newsletters, expert reports, and whitepapers, Information on upcoming events, webinars, and courses, Dedication to environmental, social, and governance (ESG) principles, Product offerings aligned with the Norwegian Transparency Act, Collaboration with Euronext and support for industry initiatives