specification: FinOps Framework
specificationVersion: '1.0'
schema: https://www.finops.org/framework/
provider: Nord Pool
providerId: nordpool
created: '2026-07-11'
modified: '2026-07-11'
reconciled: true
tags:
- Day-Ahead Prices
- Electricity
- Energy Markets
- Power Exchange
- FinOps
- Cost Management
- FOCUS
description: >-
  FinOps view of Nord Pool spend. Unlike usage-metered API vendors, Nord Pool
  charges flat annual data fees per region package for Market Data API access
  (published day-ahead packages roughly EUR 1,250 to 4,100 per year, price-only
  packages EUR 1,200 to 3,300 per year, bidding curves EUR 430 to 1,650 per
  year), plus EUR 350 per year per additional API account and redistribution
  licenses from EUR 3,500 to 5,500 per year where data is passed on to third
  parties. The Data Portal web platform is a separate seat-tiered annual
  subscription (EUR 1,200 to 9,000). Trading APIs carry no API fee for members
  - their cost center is trading membership, clearing, and settlement. Costs
  are therefore driven by which regions, data scopes, and seats you subscribe
  to, not by request volume.
notes: >-
  All fees per calendar year, excluding VAT, as published 2026-07-11. The main
  optimization levers are subscribing only to needed region packages, sharing
  the single included API account, avoiding redistribution-triggering use, and
  using the free (unofficial, no-SLA) public Data Portal endpoint for simple
  published day-ahead price lookups where contractual data quality is not
  required. Special terms exist for trading members, students, researchers,
  and academics.
sources:
- https://www.nordpoolgroup.com/en/services/power-market-data-services/day-ahead-market-data/
- https://www.nordpoolgroup.com/en/services/power-market-data-services/dataportalregistration/
- https://www.nordpoolgroup.com/en/trading/api/
- https://focus.finops.org/focus-specification/v1-3/
alignedWith:
  framework: FinOps Foundation Framework
  frameworkUrl: https://www.finops.org/framework/
  dataSpec: FOCUS
  dataSpecVersion: '1.3'
  dataSpecUrl: https://focus.finops.org/focus-specification/v1-3/
publisherName: Nord Pool
serviceCategory: Market Data and Financial Services
billingModel:
  pricingCategory: Subscription
  billingFrequency: Annual
  billingCurrency: EUR
  chargeCategories:
  - Purchase
  - Adjustment
focusColumns:
  ServiceName: Nord Pool Power Data Services
  ServiceCategory: Market Data and Financial Services
  ProviderName: Nord Pool
  PublisherName: Nord Pool
  InvoiceIssuerName: Nord Pool AS
  BillingCurrency: EUR
  ChargeCategory: Purchase
  PricingCategory: Committed
meters:
- name: region_data_packages
  description: Annual data fee per subscribed region/scope package (day-ahead, intraday, operating, regulating, bidding curves).
  unit: subscriptions
  aggregation: sum
  dimensions:
  - region
  - dataScope
- name: api_accounts
  description: OAuth API accounts beyond the one included per customer, at EUR 350 per year each.
  unit: accounts
  aggregation: sum
  dimensions:
  - team
- name: redistribution_licenses
  description: Licenses required when Nord Pool data is redistributed to third parties, from EUR 3,500 to 5,500 per year.
  unit: licenses
  aggregation: sum
  dimensions:
  - useCase
- name: data_portal_seats
  description: Data Portal web subscription tier (SOLO through ENTERPRISE PRO) by seat count.
  unit: seats
  aggregation: max
  dimensions:
  - tier
principles:
- name: Visibility
  description: Inventory which region packages, API accounts, and Data Portal seats are active and which teams consume each data feed.
- name: Allocation
  description: Map each region package and additional API account to the trading, analytics, or retail team that requested it.
- name: Optimization
  description: Subscribe only to regions actually traded or analyzed; use price-only packages where volumes and flows are not needed; consider the free public endpoint for non-contractual day-ahead price display.
- name: Accountability
  description: Review the annual renewal against actual usage of each feed before the calendar-year billing cycle; fees are committed for the year once purchased.
maintainers:
- FN: Kin Lane
  email: kin@apievangelist.com