Tag
electricity markets
30.10.2020
Comments on electricity markets and the Nordic Balancing Model: Work to be done; efficiency cannot be compromised
We asked four electricity market specialists how they see electricity markets developing and the Nordic Balancing Model progressing as representatives of their organisations. The responses reveal concerns over the continued transparency of electricity markets and the costs of the Nordic balancing model. There is work still to be done, as the 15-minute imbalance settlement period will require a substantial change to electricity metering.
16.10.2020
A year full of surprises in the electricity market
In the electricity market, 2020 has been a historically unique year. In this column, three specialists from Power-Deriva – Mika Laakkonen, Ville Venäläinen and Antti Martikainen – describe how 2020 has been a unique year for the electricity market from their perspectives.
23.9.2020
Is a negative price the new normal?
For the first time, the price of electricity in the day-ahead market in Finland and Sweden turned negative for a few hours in February 2020 and again in July. On the road towards a climate-neutral power system, it is likely that electricity prices will turn negative again for a few occasional hours.
20.11.2019
The race for customers is hotting up on electricity markets
Competition for customers and improvements to profitability are driving electricity companies to work together. Several new national operators have entered the electricity retail market via corporate acquisitions as local electricity companies have consolidated their sales operations. Further consolidation is to be expected in the electricity industry.
13.11.2019
A shared vision will bring markets and operators into close convergence
The European Network of Transmission System Operators for Electricity (ENTSO-E) vision for 2030 has sparked debate of a revolution in the power system and the consequent opportunities and threats to the power system. The vision combines the simultaneous development of markets and operators and asks what should be done when the markets are harnessed for the good of the energy revolution.
13.11.2019
ENTSO-E Chairman “looks back to look forward”
Joachim Vanzetta, Chair of the Board for ENTSO-E, believes that the TSOs in ENTSO-E will continue to strive to find the right balance between the dimensions of the energy trilemma: sustainability, affordability and security of supply/system security.
1.11.2019
ENTSO-E: European cooperation will become more important
The first decade of the ENTSO-E, founded ten years ago, has been full of changes. But the pace of the organisation will not slow down in the future, and one of the reasons for this is the energy transition. What is certain is that European cooperation will only become more important in the future.