NordREG’s NRCC Task Force (NRCC TF) has successfully completed its annual oversight of the Nordic Regional Coordination Centre (NRCC) for 2024. The report provides a comprehensive assessment of NRCC’s progress, financial management, and strategic focus areas, highlighting both achievements and areas for further evaluation.
The report notes that NRCC has continued to strengthen regional electricity coordination, particularly through the implementation of the Day-Ahead Flow-Based (DA FB), which was successfully launched in October 2024. This marks a significant step in enhancing grid efficiency and cross-border electricity market integration in the Nordic region.
Financially, NRCC has seen an increase in employee and consultancy costs, partly reflecting its ongoing establishment and the need for specialized expertise. In response, NordREG has encouraged NRCC to evaluate a long-term strategy for balancing in-house capabilities with external consultancy services to ensure both operational efficiency and financial sustainability.
IT development remains a core focus, with substantial investments made in critical systems such as “Norcap,” a key tool for flow-based capacity calculation. The report acknowledges the importance of maintaining high security and reliability standards, and NordREG has requested further assessments on cybersecurity risks and IT resource management.
Overall, the oversight report highlights NRCC’s key role in facilitating a more integrated and secure Nordic electricity market. Moving forward, NordREG will continue to engage with NRCC to ensure that strategic developments align with the region’s evolving energy needs and regulatory requirements.