The Nordic electricity market is heading towards a harmonised retail market where the most critical barriers for suppliers to establishing business in another Nordic country should be eliminated.
At the same time the roll out of smart metering systems means that there will be new opportunities to handle and collect detailed information of customer’s electricity consumption. Historical and current consumption on-demand could easily be distributed between market actors such as suppliers, distribution system operators (DSOs), data hubs and energy service companies (ESCOs) for example.
But it is important to remember that the collection of metering data from an individual’s home could be seen as a violation of that person’s privacy. The data that can be collected through smart metering systems is considered to be personal data according to Working Party 29 . Therefore it is important to be very cautious about the handling of these meter values.’
For more information please contact:
Daniel Norstedt, Chair of the NordREG Retail Market Working Group, +46 16 16 27 31