NPN365™

The NPN365™ is a power index developed by Viz in cooperation with Nord Pool and aimed to be used as a benchmark in the Nordic Power Market. The index itself is a price calculated index that mirrors the market prediction of the average price for electricity with a flat load curve for the next 365 days.

Calculation Methodology
The index is calculated using official closing prices from the Nord Pool forward market. A market price for each day in the index period is found giving a total of 365 prices*). The prices are then added up and divided by 365. This will then give the index value which could be said to be the market prediction of the average price for electricity with a flat load curve for the next 365 days. The Index will be calculated on a daily basis and stored for each trading date. The index changes underlying period once every week, and will always go from next Monday and 365 days ahead.

*) When forward prices are taken from a listed product covering a longer period than we need, a special weighting system is used to adjust for this.

Are you interested in more information? Contact: Roger Kristiansen, roger.kristiansen@viz.no, phone +47 55 30 28 37 or Marianne Wergeland Jenssen, phone +47 67 52 80 00