| Nord Pool
Nord Pool
| Nord Pool
| Nord Pool
Nord Pool runs the largest market for electrical energy in Europe, operating in nine countries. Despite its wide reach, it is a relatively small company and its legal team reflects...
‘The role of the legal team is pivotal in shaping the future market environment in which Nord Pool is going to operate and expand in the years to come’, states Camilla Berg, head of market surveillance and general counsel at Nord Pool. Nord Pool provides trading, clearing, settlement and associated services in both day-ahead and intraday electricity markets across nine European countries. Ventures into new markets and the formation of new businesses across the Europe has required a team of highly qualified and experienced lawyers with local knowledge and expertise. The team of four has recently doubled in size due to various business expansion plans, and has consequently seen them play an integral role in the interpretation and implementation of the European Capacity Allocation and Congestion Management Regulation (CACM), both inside and outside of the company. The new regulation has prompted a complete restructuring of the organisation; the team now has a strong, ambitious focus on business development in markets where in which they are still relatively new, without losing the high standards of performance that Nord Pool has established in local markets. The legal function has additionally become much more international and able to handle and advise on various legal issues from a variety of European jurisdictions.