The Electricity Market Group (EMG) is a working group under the Nordic Council of Ministers dedicated to strengthening Nordic cooperation in the development of well-functioning and competitive electricity markets. The group has a long history, dating back to when the Nordic markets started integrating in Nord Pool.
The group comprises representatives from Nordic authorities and operates within the framework established by the Nordic Council of Ministers. It reports to the Nordic Committee of Senior Officials for Energy Policies (EK-E).
Purpose and focus
The Nordic and European electricity markets are key tools for enabling an efficient green transition at an affordable cost to both industrial and household consumers.
A central focus of EMG’s work is the development and use of the infrastructure that supports the efficient transport and allocation of electricity — in particular the electricity grid and the electricity markets. The group also works to ensure that markets contribute to the efficient allocation of electricity in times of scarcity, thereby strengthening security of supply.
Activities
EMG supports these objectives by:
- Contributing to the development and implementation of European directives and regulations related to electricity markets and security of supply in the Nordic region
- Coordinating the execution of specific policy decisions
- Commissioning in-depth analyses to support common Nordic political choices
- Providing strategic advice to the Nordic energy ministers
On behalf of the Nordic Council of Ministers, Nordic Energy Research provides secretariat support for EMG.
