In 2004 the ÅF Group was contracted by the Swedish government's Electricity and Gas Market Commission to describe and analyse developments in wholesale power prices in Sweden and the Nordic region. The assignment also included assessing the Nordic electricity exchange Nord Pool's role in price trends and competition in the electricity market.

 

What is needed to make the market and pricing more efficient? How are electricity prices affected by the fact that so much trading takes place off the exchange? How has the Nordic electricity market evolved since deregulation? These and other questions were discussed in detail, and the answers will be of great importance in the future development of the electricity market.