Nord Pool, Europe’s leading power market, has today (Tuesday 7 February) announced the launch of a new mobile app providing key daily data for its highly successful day-ahead trading platform.
The free iOS app, which will be closely followed by an android version, is the first mobile offering for Nord Pool’s traders, providing them with daily prices on the move.
The app, which is available to download from the App Store, allows users instant access to day-ahead prices, with push notifications when prices are published. It also lets them view graphs highlighting the maximum, minimum and average prices, to scrutinise an hourly price table, and check prices in the currency of their choice.
Nord Pool’s Chief Technology Officer Chris Whellams said: “At Nord Pool our goal is to deliver efficient, simple, and secure trading for our very diverse range of customers across Europe, regardless of their size or where they trade from.
“Our new app for mobile devices makes it easier for busy traders to follow the important Nord Pool day-ahead auction. In fact, anyone can use our free app for instant access to day-ahead prices, notification of when prices are published and hour-by-hour market details – all the vital data, just a touch away.
“We were pleased to partner with bespoke software consultancy Scott Logic to deliver this important project.”
The app was launched at E-world, the energy and water conference in Essen, Germany.
Nord Pool chose to work with Scott Logic on the mobile app project due to the level of “quality, consistency and dedication” delivered throughout the two companies’ longstanding relationship. Scott Logic also helped Nord Pool to create the HTML5-based version of the company’s trading platform, Day Ahead Web, which replaced its previous offering.
Scott Logic adopts an Agile approach, allowing it to design and build unique and robust cutting-edge software that exceeds client expectations, helping them and their customers to interact confidently in the evolving digital landscape.
Colin Eberhardt, Scott Logic’s Technology Director, added: “When taking complex applications and moving them to mobile, it’s important to distil the features down to a minimum, focusing on those that make the most sense on the move.
“We were excited to work with Nord Pool on this app, creating something that is simple, effective and beautiful.”
Nord Pool, Europe’s leading power market, delivers efficient, simple and secure trading across Europe. The company offers day-ahead and intraday trading, clearing and settlement to customers regardless of size or location. Today 380 companies from 20 countries trade on Nord Pool’s markets.
Nord Pool operates markets in the Nordic and Baltic regions, Germany and the UK, and is a Nominated Electricity Market Operator (NEMO) in 14 European countries, while also servicing power markets in Poland, Croatia and Bulgaria. In 2016 Nord Pool had a total turnover of 505 TWh traded power. The company has offices in Oslo, Stockholm, Helsinki, Tallinn and London.
Scott Logic is a bespoke software consultancy with offices in Newcastle (est. 2005), Edinburgh (est. 2007), Bristol (est. 2011) and London (est. 2014). The company was founded in 2005 by Gary Scott with the goal of building a successful software development consultancy, that prides itself on quality service and the calibre of its people, which now number almost 200.
With a number of long-standing clients from a range of sectors including investment banking, financial services, energy trading, oil, gas, and the public sector, the company provides a broad range of services, including User Experience (UX) design, project delivery and testing.
In 2011, Scott Logic also expanded to form a product-based business, shinobicontrols, which specialises in creating charts and tools for use on mobile apps, both for the individual developer and those in enterprise.