Norway NO2 (Kristiansand) (NO2) bidding zone

Southern Norway, and the zone carrying Norway's subsea interconnectors to Denmark, Germany, the Netherlands and Great Britain. Those links couple NO2 to Continental and British prices far more tightly than the rest of Norway.

Reference data

Zone code: NO2
Name: Norway NO2 (Kristiansand)
Country: NO
Region: Nordics
EIC: 10YNO-2--------T
Delivery-day timezone: Europe/Oslo
Clearing currency: EUR

The Energy Identification Code is the in_Domain / out_Domain value that identifies this zone in a pan-European market query. Verify it against the official EIC registry before relying on it: several countries publish aliased bidding-zone, control-area and market-balance-area domains, and the correct one depends on what is being asked for.

What an analyst watches here

The most externally-driven Norwegian zone. Divergence between NO2 and its northern neighbours is usually about reservoir levels and internal constraints rather than anything happening in the market.

Coverage

Day-ahead prices: Collected
Bid curves: Via the NO bid-curve cluster, aggregated with NO1, NO3, NO4, NO5
Continuous intraday: SIDC, 60 / 15-minute resolution
Interconnected neighbours: NO1 NO5 DK1 DE-LU NL GB

Neighbours are day-ahead coupling topology only: no capacity and no direction. They are what the reconstruction uses to derive a coupling reference price for modelled net imports, and they are not a substitute for allocated cross-zonal capacity, which is not yet ingested.

Enforcement decisions in this country

Published market abuse decisions by this country’s energy regulator, written up from the regulator’s own decision. A decision is listed by the authority that took it, not by the zone the conduct touched.

Continue reading

Back to Bidding zones