Electricity market

Electricity market

Nordic Imbalance Settlement is going strong

Fingrid and the transmission system operators (TSO) in Sweden and Norway switched to joint imbalance settlement in the spring. The centralised model improves electricity market efficiency marks a step towards a joint-Nordic end user electricity market.

Electricity market

Guideline on Electricity Balancing

The guideline on electricity balancing was approved in a vote by EU member states in March 2017. The harmonised requirements are expected to entry into force by the end of the year. The guideline promotes the cross-border trade of reserves needed by TSOs, in particular balancing energy, and harmonises procedures concerning imbalance settlements.

Electricity market

Huge changes in Finland’s electricity market

The electricity market has undergone a complete transformation in Europe, the Nordic countries and Finland over the past 20 years. A lot more will change in the near future as well.

Electricity market

Integration Rules

Introduction of European Cross-Border Intra-Day Market (XBID) solution will be an important step forward – but integrated European electricity market needs more improvements, believes Tomasz Sikorski from PSE.

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