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Energi Danmark fined for manipulating the Nordic electricity market

Ørsted Power Station, situated at Sydhavnen in Copenhagen.
Photo: Getty Images

Energi Danmark A/S has agreed to pay a fine of DKr 380,000 for violating a ban on market manipulation under REMIT.

The fine imposed on Energi Danmark A/S (Energi Danmark) is based on a report made by the Danish Energy Regulatory Authority (Danish Utility Regulator, DUR) in March 2024, which was referred to the Danish State Prosecutor for Serious Economic and International Crime.

This penalty comes under the REMIT Regulation (EU)