Demand Response In The Nordic Electricity Market
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Demand Response In The Nordic Electricity Market
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Author : THEMA Consulting Group
language : en
Publisher: Nordic Council of Ministers
Release Date : 2014-09-10
Demand Response In The Nordic Electricity Market written by THEMA Consulting Group and has been published by Nordic Council of Ministers this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-09-10 with categories.
The report provides input to a Nordic strategy on how to address consumer flexibility in a cost-efficient manner. The main recommendation is to focus on increased market efficiency in general and not promote specific measures on the demand side unless market failures are identified. Even so, it’s recommended that standard data formats on price signals to small consumers should be further assessed.
Demand Response In The Nordic Electricity Market
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Author :
language : en
Publisher:
Release Date : 2014
Demand Response In The Nordic Electricity Market written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014 with categories.
Demand Side Flexibility In The Nordic Electricity Market
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Author : Nordic Council of Ministers
language : en
Publisher: Nordic Council of Ministers
Release Date : 2017-12-12
Demand Side Flexibility In The Nordic Electricity Market written by Nordic Council of Ministers and has been published by Nordic Council of Ministers this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-12-12 with Political Science categories.
The organisation for the Nordic energy regulators, NordREG, has ordered this study to explore status of demand side flexibility among Nordic distribution system operators (DSOs). Demand side response is a question of mobilising potential flexibility in how and when end users choose to use energy, and how such flexibility can provide value to the network. Network value can be reduced or deferred investments, better system reliability or other system cost reductions. This report addresses concepts for utilising demand response and related regulatory issues. The report also includes an interview study among selected DSOs in the Nordic countries. This addresses current status, how flexibility can be a value for their business, what they see as barriers and planned activities relating to demand response.
Demand Response In The Nordic Electricity Market
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Author : Nordic Council of Ministers
language : en
Publisher:
Release Date : 2014
Demand Response In The Nordic Electricity Market written by Nordic Council of Ministers and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014 with categories.
Consumer flexibility is often mentioned as a solution that can contribute to improved price formation in spot markets, increase supply of system services and potentially reduce local grid investments and operation costs. This report provides input to a Nordic strategy on how to address the potential need for consumer flexibility in a cost-efficient manner. The main recommendation is to focus on increased market efficiency in general, and not to promote specific measures on the demand side unless market failures are identified. However, it is recommended that standard data formats on price signals to small consumers should be further assessed. The report is part of the Nordic Prime Ministers' overall green growth initiative: "The Nordic Region - leadingin green growth"--Read more in the web magazine "Green Growth the Nordic Way" at www.nordicway.org or at www.norden.org/greengrowth.
Capacity Adequacy In The Nordic Electricity Market
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Author : Nordic Council of Ministers
language : en
Publisher: Nordic Council of Ministers
Release Date : 2015-08-26
Capacity Adequacy In The Nordic Electricity Market written by Nordic Council of Ministers and has been published by Nordic Council of Ministers this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-08-26 with Science categories.
An increasing share of intermittent renewable generation and reduced profitability of conventional power generation has led to a growing concern for capacity adequacy in the Nordic electricity market (Nord Pool market area). It does not make sense to assess capacity adequacy for each country separately in the Nord Pool market area as it is highly integrated in terms of both interconnector capacity and market integration. Capacity challenges are rarely isolated to one country or bidding zone. This report analyses what market solutions may be used to manage capacity adequacy in the Nord Pool market area, and how an efficient transition to adequate market solutions could be achieved. The main analysis reveals several measures that would strengthen price formation and cost recovery in the Nord Pool market area, although in general, the market is already highly liquid and well-functioning.
Flexible Demand For Electricity And Power
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Author : Nordic Council of Ministers
language : en
Publisher: Nordic Council of Ministers
Release Date : 2017-12-19
Flexible Demand For Electricity And Power written by Nordic Council of Ministers and has been published by Nordic Council of Ministers this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-12-19 with Science categories.
Demand side flexibility is the ability of power consumers to reduce their demand in periods of peak load, possibly shifting demand to other periods. The organisation for the Nordic energy regulators, NordREG, has ordered this study to explore demand side flexibility in a Nordic perspective. The study contains a literature survey of demand side flexibility and assess the potential for, and benefit of demand side flexibility. Based on the survey, the report highlights implementation barriers and possible contributions from to reducing these barriers. Existing barriers are e.g lack of ICT, automation services, smart meters and real-time prices. The greatest potential for demand side flexibility in the Nordics is within residential space heating. The value of demand side flexibility is uncertain, but may be 1–2 billion SEK per year.
Regional Electricity Market Design Regional Electricity Market Design
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Author : Lindboe, Hans Henrik
language : en
Publisher: Nordic Council of Ministers
Release Date : 2016-10-24
Regional Electricity Market Design Regional Electricity Market Design written by Lindboe, Hans Henrik and has been published by Nordic Council of Ministers this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-10-24 with Science categories.
Do current electricity market designs ensure a sufficient electricity supply at all times? This topic is currently the subject of intense debate across Europe, and several major countries such as Germany, the UK, France and Italy have decided that additional measures – so-called capacity remuneration mechanisms - are needed to supplement current market designs. This report describes and analyses the advantages and disadvantages of a range of measures proposed or currently implemented across Europe, and includes both best estimates of how the implementation of these measures will impact Nordic electricity prices as well as recommendations to the Nordic countries regarding a cost-efficient path to ensuring the Nordic security of supply.
Nordic Energy Co Operation
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Author : Jorma Ollila
language : en
Publisher: Nordic Council of Ministers
Release Date : 2017-06-22
Nordic Energy Co Operation written by Jorma Ollila and has been published by Nordic Council of Ministers this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-06-22 with Technology & Engineering categories.
On 27 October 2015, the Nordic Council of Ministers for Business, Energy and Regional Policy (MR-NER) decided to carry out a strategic review of Nordic co-operation on energy and how it could be developed over the next 5–10 years. The strategic review is part of the Nordic Council of Ministers’ reform project initiated by its Secretary General, Dagfinn Høybråten. Strategic reviews have previously been conducted on foreign and security policy, health and labour-market co-operation. The remit was to present 10–15 concrete proposals that would further enhance co-operation in areas in which significant positive outcomes have been achieved over the past two decades. The Paris Climate Change Conference of December 2015 and the EU’s goal of working towards a European Energy Union make this review particularly timely. It is also based on the Nordic countries’ own reviews of their national climate and energy policies. The geopolitical landscape is currently in a state of flux – global trade and climate policies are under pressure, and nationalist tendencies are emerging in many countries. This presents many challenges to Nordic energy co-operation, which has achieved ground-breaking results based on cross-border co-operation. Various studies have also shown that the Nordic Region has made similarly dramatic gains in terms of welfare. The time has come to assess how the Nordic countries can build on this success, despite adverse international trends. This review seeks to identify these challenges, present proposals for how the Nordic countries can move forward, and inspire further discussion and debate. On 27 October 2015, the Nordic Council of Ministers for Business, Energy and Regional Policy (MR-NER) decided to carry out a strategic review of Nordic co-operation on energy and how it could be developed over the next 5–10 years. The strategic review is part of the Nordic Council of Ministers’ reform project initiated by its Secretary General, Dagfinn Høybråten. Strategic reviews have previously been conducted on foreign and security policy, health and labour-market co-operation. The remit was to present 10–15 concrete proposals that would further enhance co-operation in areas in which significant positive outcomes have been achieved over the past two decades. The Paris Climate Change Conference of December 2015 and the EU’s goal of working towards a European Energy Union make this review particularly timely. It is also based on the Nordic countries’ own reviews of their national climate and energy policies. The geopolitical landscape is currently in a state of flux – global trade and climate policies are under pressure, and nationalist tendencies are emerging in many countries. This presents many challenges to Nordic energy co-operation, which has achieved ground-breaking results based on cross-border co-operation. Various studies have also shown that the Nordic Region has made similarly dramatic gains in terms of welfare. The time has come to assess how the Nordic countries can build on this success, despite adverse international trends. This review seeks to identify these challenges, present proposals for how the Nordic countries can move forward, and inspire further discussion and debate. On 27 October 2015, the Nordic Council of Ministers for Business, Energy and Regional Policy (MR-NER) decided to carry out a strategic review of Nordic co-operation on energy and how it could be developed over the next 5–10 years. The strategic review is part of the Nordic Council of Ministers’ reform project initiated by its Secretary General, Dagfinn Høybråten. Strategic reviews have previously been conducted on foreign and security policy, health and labour-market co-operation. The remit was to present 10–15 concrete proposals that would further enhance co-operation in areas in which significant positive outcomes have been achieved over the past two decades. The Paris Climate Change Conference of December 2015 and the EU’s goal of working towards a European Energy Union make this review particularly timely. It is also based on the Nordic countries’ own reviews of their national climate and energy policies. The geopolitical landscape is currently in a state of flux – global trade and climate policies are under pressure, and nationalist tendencies are emerging in many countries. This presents many challenges to Nordic energy co-operation, which has achieved ground-breaking results based on cross-border co-operation. Various studies have also shown that the Nordic Region has made similarly dramatic gains in terms of welfare. The time has come to assess how the Nordic countries can build on this success, despite adverse international trends. This review seeks to identify these challenges, present proposals for how the Nordic countries can move forward, and inspire further discussion and debate.
Power System Economics
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Author : Ivar Wangensteen
language : en
Publisher: Akademika Pub
Release Date : 2011-12-31
Power System Economics written by Ivar Wangensteen and has been published by Akademika Pub this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-12-31 with Business & Economics categories.
This book is written as a textbook for students of engineering at the Norwegian University of Science and Technology (NTNU). It is designed for the Power Markets course which is part of the Energy and environment masters programme and the recently established international MSc programme in Electric Power Engineering. As the title indicates, it deals with both power system economics in general and the practical implementation and experience from the Nordic market. Some of the subjects covered: Restructuring/deregulation of the power supply system; Grid access including tariffs and congestion management; Generation planning; Market modelling; Ancillary services; Regulation of grid monopolies. Although it is written primarily as a textbook for students, readers outside the universities may also find the book interesting. It deals with problems that have been subject of considerable attention in the power sector for some years and it addresses issues that are still relevant and important.
Nordic Co Operation Programme On Energy Policy 2022 2024
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Author : Nordic Council of Ministers Secretariat
language : en
Publisher: Nordic Council of Ministers
Release Date : 2021-12-13
Nordic Co Operation Programme On Energy Policy 2022 2024 written by Nordic Council of Ministers Secretariat and has been published by Nordic Council of Ministers this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-12-13 with Science categories.
Available online: https://pub.norden.org/politiknord2021-731/ The Nordic energy ministers present a new Nordic energy policy co-operation programme for the period 2022–2024. The Nordic Region wants to be the most sustainable and integrated region in the world by 2030, and that is also the overall vision for co-operation on energy. A green transition of the Nordic societies will not be possible without a substantial green energy transition. As the Nordic energy systems are closely linked, working together on joint initiatives will lead to a green transition that is more cost-effective and socially sustainable than if the countries were each to achieve the goals individually. In 2020, the Nordic Council of Ministers for Energy Policy (MR-E) adopted seven focus areas as input into the action plan for Our Vision 2030. These will structure Nordic energy co-operation during the period covered by the programme and be at the heart of all of the work: - The green transition of the energy sector - Closer collaboration on research to aid the green transition - Nordic co-operation in the electricity market - Energy efficiency, technology and behavioural change - Working together on EU/EEA-related energy questions - Social acceptance of new energy plants and the green transition - The green transition of the transport sector.