Elhub
Norway's central IT platform for electricity data collection and distribution, processing measurement and market processes for over four million metering points; wholly owned by Statnett SF and serving grid companies, electricity suppliers, service providers, and households under RME regulatory concession.
- Company typePrivate
- Founded2015
- HeadquartersOslo, Norway
- Headcount101–250
- GTM typeB2B
- OfferingSoftware
What Elhub does
Elhub AS, headquartered in Oslo at Nydalsveien 28 and founded in 2015, is Norway's central IT platform for electricity data collection and distribution. It processes measurement data and executes core market processes — supplier switching, moving, and balance settlement — for over four million metering points across the country's five price areas, serving Norwegian grid companies (nettselskaper), electricity suppliers (strømleverandører), and certified third-party service providers, as well as approximately 2.8 million household consumers.
The platform architecture centers on a single hub that ingests, validates, aggregates, and redistributes interval-metered and profile-allocated measurement values from grid companies. Standardization rests on the Edielstandard (currently version 2.4.7) and its associated business process specifications (e.g., BRS-NO-611, 312, 322, 324, 503), with data quality enforced through a Validation, Estimation and Change (VEE) methodology. Daily balance settlement results are delivered by 09:00 on D+1 with final figures locked at D+5, monthly deviation settlement runs through the avviksoppgjør process, and results are forwarded to eSett for Nordic-level financial settlement, with surplus quota-liable consumption routed to the NECS electricity-certificate register. Identity is anchored in ID-porten (BankID, MinID, Buypass, Commfides) and role delegation in Altinn, including a planned June 2026 migration to Altinn-3 access packages.
Elhub is a wholly-owned subsidiary of Statnett SF, financed by regulated fees from all Norwegian grid companies and electricity suppliers, and operates under concession from RME as the responsible register for both Norgespris and Settlement Concession. The product set comprises the Elhub core hub plus Min side (consumer portal), Aktørportal (market actor portal), Norgespris (a government fixed-price scheme at 50 øre/kWh running October 2025 through December 2026), Market Data API, Måleverdi-API, Access API, and a growing layer of statistics and data-quality data products. Operations run 24/7/365 with full regulatory and GDPR-compliant data handling, and the organization sits within the 101–250 employee band.
Elhub firmographics
Firmographics- Name
- Elhub
- Legal name
- Elhub AS
- Website
- https://elhub.no
- Company type
- Private
- Founded year
- 2015
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Norway's central IT platform for electricity data collection and distribution, processing measurement and market processes for over four million metering points; wholly owned by Statnett SF and serving grid companies, electricity suppliers, service providers, and households under RME regulatory concession.
- Ownership category
- akta.pro rank
Elhub industry classification
Industry- Product category
- Energy Market Data Infrastructure
- NAICS
- Electric Power Generation, Transmission and Distribution (2211)
- SIC
- Electric Services (4911)
- akta.pro primary industry
- ACH Operator & Clearinghouse Services (FSAMAGAA)
- akta.pro secondary industry
- Direct Debit / ACH Collections & Recurring Billing (FSAMAGAE)
Keywords
Where Elhub is headquartered
LocationHeadquarters
- HQ city
- Oslo
- HQ country
- Norway
- HQ region
- Europe
Offices1 record
Markets served
Elhub business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Infrastructure
Revenue model
- Regulated Fees from Grid Companies and Electricity Suppliers: Elhub is a publicly owned company financed by all of Norway's grid companies and electricity suppliers. The company operates under regulatory oversight from RME and operates under a concession as responsible register for Norgespris and Settlement Concession. Revenue comes from regulated fees charged to market participants for use of the hub infrastructure.
Go-to-market motion2 records
Distribution channels5 records
Marketing channels5 records
Elhub product offering
Product offeringCore offering
Elhub operates Norway's central IT platform for collecting, validating, and distributing electricity market data across more than 4 million measurement points. It enables secure data exchange between grid companies, electricity suppliers, and third-party service providers, runs daily balance settlement calculations, automates supplier switching and moving processes, and administers the government-mandated Norgespris fixed-price electricity scheme for households.
Product overview
Elhub operates as Norway's centralized IT platform for the electricity market, functioning as a data hub that connects grid companies, power suppliers, and service providers. The platform is built around Elhub's core hub system, complemented by customer-facing and market actor portals. For end customers, Elhub Min side provides self-service access to view consumption data, share data with third parties, and order Norgespris. For market actors, Elhub Aktørportal provides reporting, monitoring, and administrative tools. The Norgespris product is a government electricity pricing scheme that provides households with a fixed electricity price of 50 øre/kWh as an alternative to the electricity support scheme. Data products include statistics dashboards for Norgespris, electricity consumption/production data, power balance data, and data quality monitoring. APIs (Market Data API, Måleverdi-API, Access API) enable programmatic integration for market actors. The platform also manages balance settlement (avviksoppgjør) and maintains the Edielstandard for message exchange protocols.
Differentiator
Problem solved
Functional benefit
Products and services
- Elhub Norway's central IT platform for collecting and distributing electricity data, processing market processes for over 4 million metering points and enabling secure exchange of electricity data between grid companies, electricity suppliers, and service providers.
- Elhub Min side Self-service consumer portal where electricity customers can view their consumption data, share data with third parties, and order the Norgespris government pricing scheme, accessed via ID-porten login (BankID, MinID, Buypass, Commfides).
- Elhub Aktørportal
Quantifiable outcome
- Daily balance settlement results delivered by 09:00 first calendar day after each operating day (D+1)
- +1 more outcomes
Companies that use Elhub
Customer profileNamed customers3 records
Segments4 records
Ideal customer profiles3 records
Elhub technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration5 records
Feature5 records
Elhub partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core and minor.
- eSettcoreeSett is a company responsible for settlement in the Nordic electricity market. Elhub sends balance settlement data to eSett for the Norwegian price area as part of the Nordic settlement system.
- RME (Reguleringsmyndigheten for energi)coreRME is the Norwegian regulatory authority for energy that regulates the power market and grid system. RME grants Elhub concessions as responsible register for Norgespris and Settlement Concession, and RME can file formal complaints against grid companies on behalf of Elhub.
- NVE (Norges vassdrags- og energidirektorat)minorNorwegian Water Resources and Energy Directorate receives electricity consumption data from Elhub for statistics and analysis under the Energy Act and Delegation Decision.
- SSB (Statistisk Sentralbyrå)minorStatistics Norway receives person-related data from Elhub for statistics purposes under the Statistics Act.
Scale indicators5 records
Recent moves6 records
Expansion highlights6 records
Elhub competitors and assessment
Company assessmentBroad incumbents
- Statnett SF: Parent company and Norway's transmission system operator. Owns Elhub and runs the broader national grid operations, balancing, and reserve markets — adjacent infrastructure that overlaps with Elhub's flexibility register work.
- Svenska Kraftnät: Swedish transmission system operator with adjacent responsibility for the Swedish electricity data hub and balance settlement. Comparable as a Nordic TSO responsible for national grid data and market processes.
- Nord Pool: Operates the Nordic and European power exchanges across the same markets Elhub serves. Comparable in being a Nordic market infrastructure provider, but focuses on wholesale trading rather than metering and settlement data.
Emerging players
- NODES: Operates a Nordic marketplace for distributed flexibility and ancillary services. Comparable to Elhub's emerging flexibility register initiative, focused on a narrower use case (flexibility trading) within the same Nordic market actors.
- Uplight: Energy data and customer-engagement platform used by utilities for consumption analytics, demand response, and rate programs. Comparable to Elhub's consumer-facing data services (e.g., Norgespris comparison, Min side), but operating in a private-utility commercial context rather than a regulated monopoly.
Others
- AutoGrid: Provides grid-edge analytics and flexibility services for utilities using smart-meter and consumption data. Adjacent to Elhub's data-products and flexibility ambitions rather than a direct competitor in regulated metering-data hubs.
Direct peers
- Edine (Netherlands): Operates the Dutch central data hub for the electricity market (formerly known as EDSN). Same role as Elhub for the Netherlands: collecting, validating, and distributing metering data and supporting market processes under regulatory oversight.
- Fingrid Datahub (Finland): Operates Finland's centralized electricity retail data hub under a statutory mandate from Fingrid (the Finnish TSO). Directly comparable model to Elhub as a state-affiliated, regulated electricity data exchange serving all market participants.
- eSett: Handles Nordic imbalance settlement for electricity. Elhub sends balance settlement data to eSett for Norway, making eSett a directly comparable Nordic settlement-counterparty with overlapping scope in market processes and settlement calculations.
- Energinet DataHub (Denmark): Operates the Danish DataHub, the centralized electricity data hub serving all Danish grid companies and suppliers. Closest functional analogue to Elhub: shared mandate, regulated fees, household consumption-data exchange, and supplier switching infrastructure.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks7 records
Key highlights7 records
Customer concentration
Elhub social profiles
Digital presenceElhub compliance and trust
Trust signalCompliance2 records
Elhub financial estimates
Financial estimateRevenue estimate
Valuation estimate
Elhub leadership team
Management profileNumber of profiles
Profiles3 records
Elhub funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Elhub M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Elhub
What does Elhub do?
Elhub operates Norway's central IT platform for collecting, validating, and distributing electricity market data across more than 4 million measurement points. It enables secure data exchange between grid companies, electricity suppliers, and third-party service providers, runs daily balance settlement calculations, automates supplier switching and moving processes, and administers the government-mandated Norgespris fixed-price electricity scheme for households.
Is Elhub a public or private company?
Elhub is a private company. It is classified as state government owned and is currently operating.
When was Elhub founded?
Elhub was founded in 2015. It employs 101 to 250 people.
Where is Elhub based?
Elhub is headquartered in Oslo, Norway, in the Europe region.
How does Elhub make money?
One revenue line is on record: regulated Fees from Grid Companies and Electricity Suppliers.
Who are Elhub's main competitors?
Broad incumbents on record are Statnett SF, Svenska Kraftnät and Nord Pool. Emerging players are NODES and Uplight. AutoGrid is listed as an others. Direct peers are Edine (Netherlands), Fingrid Datahub (Finland), eSett and Energinet DataHub (Denmark).
Does Elhub have an API?
Yes. Elhub offers several APIs for the Norwegian electricity market: (1) Market Data API (Norgespris) - enables market actors to retrieve Norgespris contract data. Production endpoint: https://api.elhub.no/market-data/v1/contracts. Test endpoint in MT1: https://api-mt1.elhub.no/market-data/v1/contracts. Old endpoint https://api.elhub.no/v1/contracts scheduled for decommission on September 23, 2026. (2) Measurement Value API - available in MT1 test environment for retrieving meter/consumption data. (3) Access API - for agreement control purposes, launched March 2026. (4) Contract API - for querying contract information. (5) Core production SOAP APIs at service.elhub.no:8200 including MarketProcesses, PollMarketProcesses, MeteringValues, PollMeteringValues, and Query endpoints. Developer documentation is at service.elhub.no.
What industry is Elhub in?
Elhub's product category is Energy Market Data Infrastructure. Its primary akta.pro industry code is FSAMAGAA, ACH Operator & Clearinghouse Services, with a secondary code of FSAMAGAE, Direct Debit / ACH Collections & Recurring Billing. Its NAICS code is 2211 and its SIC code is 4911.