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 […]
Ear marking sustainable investment – support for EU 2050 climate strategy
The commission took the initiative to present proposals for a framework for sustainable finance in May last year. This framework is supposed to act as guidance for fund managers and customers investing in funds and to set up a green bond standard e.g. A large part of the sectors that are affected by this legislation […]
Finland is prepared to lead the EU to new climate ambition
Finland has taken the necessary steps to lead talks on EU climate ambition during its presidency of the Council. Finnish presidency starts in July 2019. It is a time to discuss the Commission long term strategy on low-carbon economy. The discussions will aim to confirm the target of net zero emissions by 2050. Finland has […]
Simplicity is the key to happy customers
For nearly three months now I’ve been at Swedenergy’s office in Brussels and I have immersed into the Electricity market directive and regulation. One of the articles, article 18 and Annex II, is about billing and billing information. From my long experience in this business I strongly believe, and so does Swedenergy, that the invoice […]
Consultation response to ENTSO-E’s proposal to further specify and harmonise imbalance settlement
Nordenergi welcomes ENTSO-E’s proposal and gives the following responses. Point 1-7 are formal questions. Please add here your feedback on Articles 1 and 2 ‘Subject Matter and Scope’ and ‘Definitions and interpretation’We lack the definition for imbalance area and how it interrelates with the definition for bidding zone? We consider that with respect imbalance settlement […]
Nordenergi welcomes the new era in Nordic energy cooperation!
The Nordic energy ministers adopted at the Nordic Energy Ministerial Meeting in Lund on 22 May, a declaration on strengthening Nordic leadership in the global energy transition.The Nordic energy ministers agreed to organize the first Nordic electricity market forum in autumn.Nordenergi welcomes fostered electricity market cooperation.“The changing energy market environment challenges governments and companies, but […]
Putting EU in line with the Paris Climate Agreement
Swedenergy has eagerly awaited the process to put the European Union in line with the Paris Agreement to limit the temperature increase to 1,5 degrees by 2050. We are therefore very happy that the European Council on March 22nd asked the European Commission to present a proposal to put the European Union in line with […]
Vestager’s important fight for free flow of electricity
In recent years less than 20% of the capacity on the electricity cable between Germany and Western Denmark has been available to Nordic electricity producers. This practice unfairly limits Nordic electricity producers’ access to the German market and it is in direct conflict with the spirit of the European internal market. It was therefore with […]
Political leadership needed to secure enhanced Nordic energy cooperation
The Nordic Council of Ministers were on Tuesday given 14 clear recommendations for stronger Nordic energy cooperation. The electricity industry in the Nordic countries supports the report's recommendations on increased co-operation and development on energy.
Former CEO of Nokia, Jorma Ollila, was in October 2015 asked to assess how the Nordic energy cooperation could strategically develop over the next five to 10 years. The Nordic electricity industry – represented by Nordenergi – have the following initial reactions to the report: “A clear Nordic vision for energy cooperation will empower […]