Nordic balance settlement (NBS) will become operative stepwise starting from November 2015. Finland will be the first to implement it in November to be followed by Sweden and Norway in February 2016. A new milestone has been reached as the industry preparation can begin. The Transmission System Operators (TSOs), Fingrid, Statnett and Svenska kraftnät have already established a joint service company eSett Oy which will operate the settlement process.
The full coupling of the South-Western Europe day-ahead market is scheduled to be launched on 13 May 2014.
On Thursday plans for a new high voltage interconnector – Hansa PowerBridge – between Sweden and Germany were revealed at Svenska kraftnät's Annual Stakeholder Meeting in Stockholm. On Friday the CEOs of Svenska kraftnät (Swedish National Grid), Mikael Odenberg, and the German Transmission System Operator 50Hertz, Boris Schucht, signed a Memorandum of Understanding at the German Embassy in Stockholm. The signing was made in the presence of Mr. Rainer Baake, German State Secretary at the Ministry for Economics and Energy and Mr. Christian Pegel, Minister for Energy in Mecklenburg-Vorpommern.
With the establishment of the joint service company eSett Oy, the Transmission System Operators Fingrid, Statnett and Svenska kraftnät have taken a big step towards the establishment of a Nordic balance settlement.
The Nordic Transmission System Operators (TSOs) will arrange a system operation workshop. This will take place 9th October 2013 in Oslo. The workshop will focus on Nordic power system operation development.
The Latvian independent system operator AS “Augstsprieguma tikls” (AST) acquired a 2% share of Nord Pool Spot on 30 August 2013.
The North-Western Europe (NWE) Power Exchanges and Transmission System Operators are working on implementing an NWE Price Coupling Solution, to replace the current coupling mechanisms in Great Britain, Central Western Europe and the Nordic-Baltic regions.
The test period for the day-ahead price coupling projects for power markets will start today, May 7 2013.
The NWE Project Parties decided to organize a second Stakeholder Forum of the NWE Price Coupling Project in London on 14 June 2013.
For the next edition of the ten-year development plan for the network (TYNDP - Ten-Year Network Development Plan) and its regional investment plans (RgIP - Regional Investment Plan) ENTSO-E organizes an open workshop for stakeholders, April 10, 2013.