Nordenergi’s main messages regarding the electricity market reform
The wholesale electricity market has been put under extreme pressure as a severe imbalance between the supply and demand for power has led to soaring and volatile electricity prices. Mainly due to the Russia’s energy war, combined with low availability of nuclear and droughts occurring in Europe during the summer. Nordenergi, being the collaboration between […]
Nordenergi´s initial reactions on the 18.5.2022 EU Commissions RePowerEU Plan
On the 18th of May 2022, the European Commission published its much-anticipated RePowerEU plan. The Plan consists of several communications, legislative proposals, and recommendations. Furthermore, the plan will be completed in many respects. Below we present some initial view on the RePowerEU plan together with a summary of its main content. The aim of the […]
The EU is facing a new challenge
The EU’s integration is increasing through crises. This is happening once again with the war in Ukraine. The EU is facing a huge foreign and security policy crisis, a humanitarian crisis and an energy crisis. There will be many implications for food security, security of supply and the economy – we are not yet able […]
Finnish Energy to steer Nordic energy cooperation 2021-2023 – focus on well-functioning markets, infrastructure and enabling clean investment
The Nordic electricity sector organisations are joining forces to promote ambitious climate policy and well-functioning electricity and emissions markets in the Nordic countries and across Europe. Finnish Energy’s Presidency of Nordenergi is off to a flying start – we will get to work immediately to raise the Nordic voice in the European energy price debate […]
Price of energy is shaking up Europe and may cast a shadow over processing of Fit for 55 package
In July, the European Commission published a massive legislative package, Fit for 55, to shape up the climate and energy legislation. The objective of the legislative package is to put the EU’s climate targets into practice. . Besides climate work, Europe has experienced higher energy prices than normally. From the point of view of supporters […]
Fit for 55: What to expect
The European Commission is putting its final touch on the so-called Fit for 55-package, and it will be interesting to see how big an electric focus the package has – and whether the charging infrastructure will get a proper push. While the Belgians are enjoying football, freedom and moules frites on the sidewalk cafes, […]
The EU-DSO Entity has been launched – Nordic countries eager to start working
The DSO-Entity originates from the Clean Energy Package, proposed back in 2016. Its purpose is to create a platform for distribution system operators (DSO) across Europe and facilitate technical expertise and dialogue with the European Commission. And this is crucial: DSOs are pivotal for an effective green transition of the distribution grids across Europe. Also […]
The Nordics will only reach carbon-neutrality with competitive and clean Nordic electricity
Today, Nordenergi is presenting a study on the opportunities and barriers of electrification in the Nordics, to contribute to the discussion on how Europe can become carbon-neutral by 2050. The power sector and increased electrification have a crucial role in delivering a decarbonised society. The four Nordic markets: Denmark, Finland, Norway, and Sweden, are […]
The EU Taxonomy Must Respect the Rule of Law and be Technology-Neutral
The EU Taxonomy will be an important tool for achieving the EUs ambitious goals of climate neutrality by 2050 and a 55-percent GHG reduction by 2030. The taxonomy sets out to classify what activities should be defined as sustainable, to avoid “greenwashing”–saying that an activity is more sustainable than it really is. Furthermore, the Taxonomy […]
Achieving Ambitious EU Climate Targets Requires All Energy Sources Onboard
The EU is committed to climate neutrality by 2050, and the Commission has proposed raising the 2030 greenhouse gas reduction target from 40% to 55%. Achieving ambitious climate targets means that EU legislation must consistently and primarily serve the emission reduction target. The Commission’s proposal to tighten the emissions target and the associated communication with […]