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Today in Norway: A roundup of the latest news on Wednesday

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Regulator approves trading platform for new UK-Norway power cable

2 Min Read
OSLO (Reuters) - The Nord Pool exchange has received an operating license to host day-ahead power trading auctions for the first electricity cable linking Norway and Britain from this autumn, Norway’s Energy Regulatory Authority (NVE-RME) said on Wednesday.
The concession allows Nord Pool to run auctions for delivery over the new 1,400 megawatt (MW) North Sea Link cable once trial operations begin on Oct. 1, the regulator said.
On Tuesday, the operators of North Sea Link, transmission system operators (TSOs) Statnett and National Grid, announced testing of the subsea cable would commence on June 15.
Nord Pool will be running an implicit auction, meaning capacity on the cable and production traded on the exchange are auctioned together. ....

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