NordREG held a hearing for market participants on NC FCA

NordREG held a well attended hearing for market participants on NC FCA on the 20th of April in Stockholm, Arlanda. A brief summary of the presentations and discussions will be published shortly. Here you find the agenda and all presentations made at the hearing:

Market participants who were not able to attend the hearing, or otherwise would like to clarify their positions, are welcome to post their views on some of the current topics by using an online questionnaire.

Follow this link to answer the questionnaire

Answers to the online questionnaire should be completed by May 10th.

27 April 2015

NordREG hosted a hearing on the current state of TSO’s and DSO’s roles and the market design for enabling energy services

NordREG hosted a hearing on the current state of TSO’s and DSO’s roles and responsibilities and the current market design for enabling energy services. NordREG has decided to commission a mapping exercise covering the current legal framework for information exchange, energy services, micro-production and demand response. During the hearing which took place at Gardemoen, Oslo on the 8th of April, the consultants Pöyry and Thema presented their findings.

Åsmund Jenssen, Thema:

– The regulatory frameworks in the Nordic countries are generally similar, but both historical and current differences can be observed, for example regarding the ongoing development of data hubs.

Kristine Fiksen, Thema:

– Smart meters are enablers of demand response, but are not sufficient to achieve it.

Richard Nilsson, NordPoolSpot:

– Hourly metering is necessary to enable demand response, and delayed implementation of smart metering is therefore a barrier to a common Nordic retail market.

NordREG would like to thank all the participants at the hearing both the ones present in Oslo and the ones that joined us via web-streaming. Please find the presentations from the hearing below.

14 April 2015

NordREG Work Programme 2015

At the NordREG Board Meeting, on February 26, the NordREG Work Program for 2015 was decided.

The work and cooperation of the Nordic Energy regulators will be significantly influenced by the European cooperation and the drive towards an internal European energy market in the coming years. This is reflected in the work programme 2015.

In 2015, NordREG’s work will be conducted through four main working groups:

  • Retail Market Working Group will continue the work from several years to work towards a harmonized Nordic retail market for electricity.
  • Wholesale and Transmission Working Group will pay special attention to the European development, especially the upcoming network codes and guidelines, towards developing and improving the functioning of the wholesale electricity market.
  • Network regulation Working Group will focus on sharing experiences etc. on the regulation of network companies in electricity transmission and distribution between the Nordic regulators and stakeholders.
  • Ad hoc Working Group on demand flexibility is a new working group, which will focus on the many aspects and challenges of demand flexibility as one of the ways to cost-effectively maintain and increase market functionality.

Read more on the specific tasks and goals of the working groups and NordREG in the Work Programme 2015.

For more information on the Work Programme 2015 please contact:

Henrik Gommesen, Danish Energy Regulatory Authority, +45 41 71 54 00

6 March 2015

NordREG hosts a hearing on the current state of TSO’s and DSO’s roles and responsibilities and the current market design for enabling energy services.

The TSO’s role is changing with the establishment of national data hubs run by the TSO. The TSO takes on a role as a market facilitator in a way. In the near future it will became increasingly important to provide the customers with energy services. The retail market needs to be designed in a way enable energy services providers to enter the Nordic market. The DSO’s, TSO’s etc should give these new actors the possibility to manage the customers’ electricity consumption and/or balance. It is important to provide a market design and a regulatory framework that clearly states the roles and responsibilities for energy service providers. The work on rules for energy services focuses on market rules for DSO’s and unbundling.

With regards to the energy efficiency directive, demand response is given a bigger role in the electricity market in dealing with network constraints as a result of more renewables in the grid etc. How much should the customer be able to choose and what should be “controlled” by other parties?  In order to reach European climate goals of increasing amounts of renewable energy it is important to have rules that enable customers to become producers. Therefore rules regarding access to the grid needs to be transparent and reduce entry barriers. Since the micro-producer needs contracts with suppliers it is important that rules are harmonised on a Nordic level.

Therefore NordREG has decided to commission a mapping exercise covering the current legal framework for information exchange, energy services, micro-production and demand response. NordREG would like to welcome stakeholders to the hearing where the mapping results will be presented.

The hearing will take place at Gardemoen, Oslo on the 8th of April 10.00-14.30. If you want to participate send an e-mail to marita.grimberg@ei.se before the 24th of March. The number of seats is limited. We will confirm your participation.

If you are unable to travel to Oslo it will also be possible to participate via web-streaming.

The following three reports will be presented and discussed at the hearing together with the agenda:

Welcome!

4 March 2015

Supplier centric model and access to information via hub is crucial in order to increase competition in the Nordic market

NordREG has commissioned VaasaETT to study the competitive conditions in the national Nordic markets in Denmark, Finland, Norway and Sweden. The study looked into the market entrance and the market operation processes under which suppliers and energyservicecompanies(ESCOs) act. VaasaETT interwieved a number of new suppliers and ESCOs in depth and also carried out an online questionnaire during the spring, summer and fall of 2014. The report was out on public consultation during the fall of 2014. The report together with the results from the public consultation was presented at hearing held at Vaanta airport, Helsinki on the 17th of November.

The results presented in the final report gives an in depth look at each countries market processes and in which degree these processes are similar between the Nordic countries. NordREG is pleased to see that quite a lot of the entry- and market operations processes are very similar in the Nordic countries. Quite a few stakeholders expressed that up to almost 28% processes were the same across the markets, see picture below. The stakeholders also expressed an overwhelming support for the speedy implementation of a supplier centric model and that the establishment of a national data hub. These two issues would strengthen the possibilities for the competitive stakeholders to start up and stay in business for the long term.

Below you can find links to the report “Market Entrant Processes, Hurdles and Ideas for Change in the Nordic Energy Market – the View of the Market” and a report summarizing the public consultation answers.

29 December 2014

NordREG urge the Nordic Energy Ministries to develop the Forward Capacity Allocation Network Code

The Network Code on Forward Capacity Allocation Network Code stems from the Third Internal Energy Market package. The Network Code will be put to comitology by the European Commission during 2015.

The Nordic Regulators (NordREG) have under the umbrella of the Agency for the Cooperation of Energy Regulators (ACER), raised several issues concerning the draft code during its development in 2014. Now when the Code has been handed over to the Commission, NordREG has presented a common position paper which has been sent to the Nordic Energy Ministries.

The paper addresses our main concerns related to the NC, specifically concerning the chosen path to make Long Term Transmission Rights the preferred instrument of intervention even in situations where other instruments could provide a better solution.

NordREG shares a concern that, in the current draft, the overall objective of the Code to make markets work better and provide market participants with sufficient hedging opportunities, seems to be subordinate to the preference of having Long term transmission rights (LTTR) introduced. Although LTTR have potential to bring benefits to cross border trade between national electricity markets, NordREG identifies a substantial risk that they would instead be detrimental to the functioning of the Nordic market due to a splitting of liquidity between instruments already existing in the financial market and LTTR.

We are of the opinion that the network code should not have LTTRs as the default solution, but should allow for any measure that contributes to reaching the objective of the regulation. We propose a structural rewrite of the code, which will allow a stronger commitment for all NRAs to achieve the final goal of having a well-functioning and efficient EU internal energy market (IEM) and to finding the appropriate measures to facilitate this.

8 December 2014

Successful hearing on report regarding market entrance and market operations for new entrants

Monday the 17th of November the NordREG Retail Market Working Group hosted a hearing at Helsinki airport. The focus of the hearing was the report “Market Entrant Processes, Hurdles and Ideas for Change in the Nordic Energy Market – the View of the Market” made by Dr Philip Lewis, VaasaETT. The report reflects the view of new entrants on the electricity retail market and is based on both interviews and a questionnaire made during the summer and autumn 2014. The report describes a mapping of all processes, including the differences and similarities between the Nordic countries, that new entrants enter encounter.

The working group was happy to see so many participants at the event, about 25 people at the event, and quite a few participants via the web – about 10 people. Dr Philip Lewis presented the findings of the study and the responses that were given during the public consultation of the report which took place during the fall 2014. The participants discussed the contents of the reports and this resulted in interesting and fruitful discussions.

NordREG would like to thank all participants and Dr Philip Lewis for a successful hearing.

2 December 2014

Invitation to Public Hearing 17th November

A public hearing will be held at Helsinki Airport in which the report will be presented and discussed. You are most welcome. The event will also be available via the web for those who cannot travel to Helsinki.

Place: Helsinki Airport Congress T2 (terminal 2)

Finnish time: 13.00-16.30

Agenda hearing 17 November

Register for attending the meeting

Please note that places are limited. Please register with:

Marie.kjellen@nordicenergy.org

Register for the Accompanying Webinar

The event will also be available via online streaming webinar for those who cannot travel to Helsinki. You will be able to see the PowerPoint presentation and listen to the presentation, panel discussion and questions. You will even be able to post questions live.

Register for the webinar here

Sign up link for the webinar

There is also a link to the webinar from Vaasaett´s website

20 October 2014

Entry barriers; Public Consultation and Hearing

NordREG has commissioned the consultant VaasaETT to map the regulatory framework and other conditions that a supplier and energy service provider faces when entering the national Nordic electricity markets. VaasaETT has made several interviews and carried out a questionnaire during the summer and early fall of 2014. The findings are presented in the report “Market Entrant Processes, Hurdles and Suggestions in the Nordic Energy Market – the View of the Market”. This report presents hurdles and barriers for market actors such as suppliers and Energy Services Companies (ESCO’s) entering and operating in the Nordic market. The report gives important input and understanding of what challenges these market actors face. NordREG may use the results as input when planning the continuation of the Nordic harmonisation.

Public consultation until 3rd November

NordREG invites you to participate in a public consultation of the report “Market Entrant Processes, Hurdles and Suggestions in the Nordic Energy Market – the View of the Market”.

All stakeholders are welcome to give input on the report. Please, use link below to a public consultation document:

Invitation to Public Hearing 17th November

A public hearing will be held at Helsinki Airport in which the report will be presented and discussed. You are most welcome. The event will also be available via the web for those who cannot travel to Helsinki.

Place: Helsinki Airport Time

Finnish time: 13.00-16.30

Please note that places are limited.

Please register with:

Marie.kjellen@nordicenergy.org

13 October 2014