CO2 emissions from electricity consumption are calculated on the basis of timing of electricity generation From central works, decentralized works and wind turbines as well as exchange of Electricity with neighboring countries Norway, Sweden and Germany. The forecast data used for The electrical system is described below. The Danish electricity market is part of the Nordic electricity market and the majority of Electricity trading takes place on the Nordic electricity exchange, Nord Pool. At Nord Pool's spot market Market participants enter into agreements on the purchase and sale of electricity on a daily basis Delivery time by hour in the next operating day