Flex›Source - Euroflex Norwegian LFM (NODES, 2026)

Source - Euroflex Norwegian LFM (NODES, 2026)

Title: Stor økning i fleksibilitetsmarkedet Publisher: Euroflex / NODES (euroflex.no) Date: Published January 2026 (figures presented at the Euroflex stormøte, Oslo, 20 Jan 2026) Language: Norwegian URL: https://www.euroflex.no/aktuelt/stor-okning-i-fleksibilitetsmarkedet Source material: raw/Clippings/Stor økning i fleksibilitetsmarkedet.md

A Euroflex/NODES update on the Norwegian local flexibility market, attributed to Anders Staude (NODES project lead for Euroflex). Its significance for the wiki: it establishes that Norway now has an operating local flexibility market, correcting the earlier picture (Nordic Energy Research 2025-03) in which Norway had only pilots/demos and no commercial LFM.

Key facts

  • Euroflex = Norway’s local flexibility market, operated on the NODES platform; nettselskap (DSOs) procure local flexibility — the direct Norwegian analogue of Sweden’s Effekthandel Väst.
  • 8 nettselskap (DSOs) participate; ~20 active flexibility providers.
  • First trading season: winter 2024/25. V2025/26 is the second season.
  • ~7× volume growth: December 2025 traded roughly seven times the volume of December 2024 (“syvdobling”).
  • Longer contracts: first season saw 1–2-week trial contracts; 2025/26 contracts typically run 1–3 months — a maturity signal, with more resources in the market.
  • Resource mix: emergency gensets (aquaculture, industry), batteries (charging stations, bus depots), electric boilers (hospitals, municipalities), and smaller charging in housing co-ops and detached houses. Many use an aggregator; some trade directly. Most participants are new to flexibility markets and not already in Statnett’s markets — local markets are easier to enter than the TSO’s.
  • Products (NODES family, same as Effekthandel Väst): LongFlex (capacity/availability), ShortFlex (activation/energy), MaxUsage (virtual fuse / consumption cap).
  • New product — Armering (“arming”): an overlay laid on top of an existing contract that lets a resource participate in both the local (Euroflex) market and Statnett’s markets simultaneously without double-activation risk. When the DSO foresees a need it notifies ~2 days ahead and the contract is “armed” — capacity is then withheld from Statnett that day. In practice a provider can be paid for availability in both markets ~9 days out of 10. Becomes material once Statnett opens its markets to smaller aggregated resources.
  • Operational reality: during the January 2026 cold spell (Statnett reported record consumption on 7 Jan), DSOs ran activation tests. Glitre Nett uses a traffic-light model (trafikklysmodellen) to colour-code areas by capacity need (Lier, Engene, Vågsbygd, Mandal), running hundreds of transactions when cold — but reports a shortage of available resources in the most constrained areas.

Market data (NODES market dashboard, read June 2026)

Figures read from the NODES/Euroflex market dashboard (Norway, annual view) — approximate, screenshot-sourced.

Named DSO markets (8): Fagne, Glitre Nett Sør, Glitre Nett Øst, Lnett, Linja, Tensio, Elvia, BKK (Glitre Nett runs two markets, Sør and Øst).

Reserved volume (LongFlex availability + MaxUsage), MWh/year: ~300 (2021) · ~4,800 (2022) · ~8,500 (2023) · ~1,000 (2024 dip) · ~9,300 (2025) · ~11,500 (2026). MaxUsage adds ~1,500 (2025) and ~2,000 (2026) on top of LongFlex (~7,800 / ~9,500).

Activated volume (ShortFlex + MaxUsage), MWh/year: ~200 (2021) · ~820 (2022) · ~270 (2023) · ~30 (2024) · ~1,650 (2025) · ~1,920 (2026). From 2025 the activated volume is dominated by MaxUsage (~1,470 / ~1,740) over ShortFlex (~180) — the same MaxUsage-dominance pattern seen at Effekthandel Väst from December 2024.

Prices (NOK/MWh, per market): availability (LongFlex) ~100–400; activation (ShortFlex) ~4,000–13,000 — far above availability, as expected for a rarely-called energy product.

Note on history: the dashboard shows Norwegian NODES activity from ~2021, with a dip in 2024 and a surge in 2025–26. The pre-2024 volumes are largely the NorFlex demonstration project (~2019/20–2023; Agder Energi, Glitre Energi, NODES, Statnett — Enova-funded; see Source - NorFlex Project (NODES, 2019-2023)), which traded ~1,394 MWh over its life and pioneered DSO + Statnett-mFRR coordination. Euroflex — whose first unified commercial season was 2024/25 — is NorFlex’s commercial successor, and its Armering product productizes the DSO+TSO coordination NorFlex first demonstrated. So Euroflex is not Norway’s first NODES flex activity but the consolidated, commercial scaling of it.

Relevance to wiki

  • NODES — Euroflex is a major NODES deployment; the Armering product is new and not previously documented; confirms NODES’s active Norwegian market (beyond the Swedish/Finnish/Belgian/Canadian footprint).
  • Swedish Flexibility Market Landscape — corrects the Nordic comparison: Norway now has an operating local flex market, so Sweden is no longer the only Nordic country with a commercial LFM.
  • Effekthandel Väst — direct Norwegian analogue (same platform and LongFlex/ShortFlex/MaxUsage product family).
  • TSO-DSO Coordination — The Central Design Problem — Armering is a concrete value-stacking mechanism for avoiding double-activation across DSO and TSO markets.

Data gaps

  • Precise published Euroflex volumes/prices — approximate levels now read from the NODES market dashboard (reserved ~11,500 MWh, activated ~1,900 MWh in 2026; availability ~100–400, activation ~4,000–13,000 NOK/MWh), but a downloadable/citable dataset would confirm
  • Whether Euroflex products map to Sweden’s LFM-h/p/e standard and how its market rules differ from Effekthandel Väst
  • Armering uptake and whether Statnett’s market opening to aggregated resources has occurred