We review the recent empirical research concerning market power on the Nordic wholesale market for electricity, Nord Pool. There is no evidence of blatant and systematic exploitation of system level market power on Nord Pool. However, generation companies seem from time to time able to take...

This paper presents ODIN, an open dispatch model for the Nordic power system. We begin by performing a survey of existing models, and conclude that no model which simulates the different price areas in the Nordic power system and is truly open exists. Existing models either lack data to do an...