NordREG Nordic harmonized electricity market by 2015? Work done and what to do beyond 2014 Presentation • Part 1. Recap 2011-2014 Vision and objectives • • • • The project Agreed recommendations Challenges and expectations Status and Results • Part 2. Process for the next four years of harmonization (for discussion) • What focus areas/thematic areas should the new project include Recap 2011-2014 -NordREG vision for the development of electricity markets: All Nordic electricity customers will enjoy a free choice of supplier, efficient and competitive prices and reliable supply through the internal Nordic and European electricity market. Recap 2011-2014 -Objectives • Customer friendliness • Well-functioning common market • Improved competition • Improved efficiency • Compliance with EU regulation and development • Neutrality of DSOs Recap 2011-2014 • 4 Task Forces of 5 active during the project, • • • • • Market rules TF Metering TF Business Process TF Customer empowerment TF Structures of network tariffs TF • 13 NordREG publications • 7 Consultants reports Recap 2011-2014 -Main recommendations Supplier centric model • Rights and obligations (2011): In general this means that most issues, from a customer perspective, are handled by the supplier. • 1 NordREG report • High level suggestions on information exchange (2012): Benefits with central information system. • 1 NordREG report • Billing (2011-2013): • Comparison of billing regimes and then decision on combined billing • 6 consultancy reports • Supplier switching (2013): A step toward a harmonisation. Modern information exchange systems, meters important for fully implementation. • 1 NordREG reports • Transparency note (2013): Access to information and meter data • 1 NordREG note Recap 2011-2014 -Further recommendations • Universal service (2013): Neutrality of DSOs • 1 NordREG report • Moving process (2014): Report in final stage • 1 NordREG report • Information Exchange (2014): Business process requirements. A technical report. Important for harmonisation of business processes • 1 Consultant report Harmonisation process Recap 2011-2014 -Challenges and expectations • NordREG has no mandate to force implementation (compare EU) • Nordic recommendations - national detailed regulation • Implementation in different speed and steps • Important step: national decisions on information exchange models Future work • NordREG believes strongly in the establishment of the Nordic retail market • Creates a sizeable competitive market - benefits all customers • Attracts new emerging businesses and new entrants • The Nordic market should contribute to the goals set by EU for 2020, 2030 and 2050 Thank you!