The Nordic countries include Norway, Denmark, Sweden, Iceland and Finland Scandanavia includes Norway, Denmark, and Sweden. The common factor there is having c

The Nordic countries include Norway, Denmark, Sweden, Iceland and Finland Scandanavia includes Norway, Denmark, and Sweden. The common factor there is having closely related languages and cultures. However, speaking from experience as an American, we often use "Scandanavian" as a synonym of "Nordic". Nord Pool covers all the Nordic countries plus a lot more: https://en.wikipedia.org/wiki/Nord_Pool https://en.wikipedia.org/wiki/Nord_Pool