Market coverage — bidding zones, auctions and products
31 European bidding zones across 23 countries, 13 Nord Pool bid-curve clusters over 4 auctions, and 23 EPEX continuous market areas. Where a combination is not covered, this page says so rather than leaving the row out.
Bidding zones
Day-ahead prices, load and generation are collected for every zone below. Bid curves come from Nord Pool at cluster level, so a zone inherits its cluster’s coverage. Continuous intraday is EPEX SIDC, which reaches a different set of areas again — the two deliberately do not line up.
| Zone | Name | Currency | Day-ahead | Bid curves | Continuous |
|---|---|---|---|---|---|
| Central Western Europe | |||||
| DE-LU | Germany–Luxembourg | EUR | yes | DE-LU | yes |
| FR | France | EUR | yes | FR | yes |
| NL | Netherlands | EUR | yes | NL | yes |
| BE | Belgium | EUR | yes | BE | yes |
| AT | Austria | EUR | yes | AT | yes |
| CH | Switzerland | EUR | yes | — | yes |
| Nordics | |||||
| DK1 | Denmark West | EUR | yes | DK | yes |
| DK2 | Denmark East | EUR | yes | DK | yes |
| NO1 | Norway NO1 (Oslo) | EUR | yes | NO | yes |
| NO2 | Norway NO2 (Kristiansand) | EUR | yes | NO | yes |
| NO3 | Norway NO3 (Trondheim) | EUR | yes | NO | yes |
| NO4 | Norway NO4 (Tromsø) | EUR | yes | NO | yes |
| NO5 | Norway NO5 (Bergen) | EUR | yes | NO | yes |
| SE1 | Sweden SE1 (Luleå) | EUR | yes | SE | yes |
| SE2 | Sweden SE2 (Sundsvall) | EUR | yes | SE | yes |
| SE3 | Sweden SE3 (Stockholm) | EUR | yes | SE | yes |
| SE4 | Sweden SE4 (Malmö) | EUR | yes | SE | yes |
| FI | Finland | EUR | yes | FI | yes |
| Baltics | |||||
| EE | Estonia | EUR | yes | BALTIC | yes |
| LV | Latvia | EUR | yes | BALTIC | yes |
| LT | Lithuania | EUR | yes | BALTIC | yes |
| Central Eastern Europe | |||||
| PL | Poland | EUR | yes | PL | yes |
| CZ | Czech Republic | EUR | yes | — | — |
| SK | Slovakia | EUR | yes | — | — |
| HU | Hungary | EUR | yes | — | — |
| SI | Slovenia | EUR | yes | — | — |
| South Eastern Europe | |||||
| RO | Romania | EUR | yes | RO | — |
| BG | Bulgaria | EUR | yes | BG | — |
| Iberia | |||||
| ES | Spain | EUR | yes | — | — |
| PT | Portugal | EUR | yes | — | — |
| Great Britain | |||||
| GB | Great Britain | GBP | yes | — | yes |
Auctions
Nord Pool publishes aggregated supply and demand curves for each cluster across the day-ahead auction and three intraday auctions, in gate-closure order:
| Auction | Code | Gate closure (market time) |
|---|---|---|
| Day-ahead | NPSDA | 12:00 on D−1 |
| Intraday auction 1 | IDA1 | 15:00 on D−1 |
| Intraday auction 2 | IDA2 | 22:00 on D−1 |
| Intraday auction 3 | IDA3 | 10:00 on D |
Curves are served by the exchange for the current and next delivery day only. TradingSurv captures each one while it is still served and replays it from the raw archive afterwards.
Bid-curve clusters
Nord Pool aggregates orders into 13 clusters rather than publishing per zone. A cluster spanning several zones has one curve covering all of them:
| Cluster | Region | Bidding zones |
|---|---|---|
| AT | CWE | AT |
| BE | CWE | BE |
| DE-LU | CWE | DE-LU |
| FR | CWE | FR |
| NL | CWE | NL |
| PL | CWE | PL |
| DK | Nordic | DK1, DK2 |
| FI | Nordic | FI |
| NO | Nordic | NO1, NO2, NO3, NO4, NO5 |
| SE | Nordic | SE1, SE2, SE3, SE4 |
| BALTIC | Baltic | EE, LV, LT |
| BG | SEE | BG |
| RO | SEE | RO |
What is not covered
Named, because a gap that is not named reads as a gap nobody noticed:
- Great Britain has no Nord Pool bid curve. GB clears through N2EX and a GB-exclusive half-hourly day-ahead product; aggregated curves are not published for it.
- Zones outside a Nord Pool cluster have no curve at all — among them CH, CZ, ES, HU, PT, SI and SK. Their day-ahead prices are collected; their order books are not published anywhere we can reach.
- Cross-zonal capacity is not ingested. JAO and ENTSO-E ATC are on the roadmap. Until then, coupling is approximated from interconnection topology and neighbouring prices, which is weakest in congested hours.
- Balancing and reserve markets are out of scope, other than GB imbalance pricing via Elexon.
- No unit-level generation or ownership data. Screens work at zone and technology level, so attributing an indicator to a named participant is an analyst’s step, not the product’s.