Making flow based market coupling work in the Nordics
Making flow-based market coupling work in the Nordics
Price formation and power flows in the Nordic electricity market have for decades relied on well-established market-clearing mechanisms. A major recent change is the introduction of flow-based market coupling, which aims to improve the utilisation of the transmission grid in the market-clearing process.
While flow-based market coupling has the potential to increase efficiency, it also introduces new complexities and challenges related to transparency, predictability, and stakeholder understanding. This workshop brings together researchers, market actors, and system operators to discuss:
- What flow-based market coupling is – from technical, economic, and practical perspectives
- Experiences with flow-based market coupling in the Nordic context so far
- How the mechanism can be made more transparent while ensuring efficient market outcomes
The target audience includes participants in the policy debate on electricity market design, as well as producers, grid owners, authorities, and researchers working with power markets and power systems.
Program
| What | Time | Who |
|---|---|---|
| Session 1 – Chair: Stein-Erik Fleten | ||
| Where is flow-based between nodal and zonal pricing? | 09:00–09:20 | Mette Bjørndal, NHH |
| Here and back again: From details to aggregation | 09:20–09:40 | Stefan Jaehnert, SINTEF |
| Nordic experiences | 09:40–10:00 | Gro Klæboe, Volue Insight |
| Discussion | 10:00–10:15 | All |
| Break | 10:15–10:45 | |
| Session 2 – Chair: Irina Oleinikova | ||
| Flow-based market coupling – original ideas and implementation challenges | 10:45–11:05 | Pieter Schavemaker, E-Bridge |
| Producer experiences | 11:05–11:20 | Karl Hartwig, Hafslund |
| Experience from the Nordic flow-based market – a TSO perspective | 11:20–11:40 | Krishna Solberg, Statnett |
| Closing discussion | 11:40–12:00 | Gerard Doorman (NTNU/Pomacon) |
Speakers

Mette Bjørndal
NHH

Stefan Jaehnert
SINTEF

Gro Klæboe
Volue Insight

Pieter Schavemaker
E-Bridge

Karl Hartwig
Hafslund

Krishna Solberg
Statnett

Stein-Erik Fleten
NTNU

Irina Oleinikova
NTNU
Practical information:
Friday 20 March: 9:00 - 12:00
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Moderated presentations and discussion
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Location: Skala, Studentersamfundet
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Estimated seats: 50
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Organisers:
Stein-Erik Fleten (NTNU), Mette Bjørndal (NHH), Stefan Jaehnert (SINTEF), Gerard Doorman (NTNU/Pomacon), FME NTRANS, FME RenewHydro, TRANSMOD