Climate championship of the Nordics
Country after country in the Nordics have made pledges to become carbon neutral. The EU recently adopted its position to be climate neutral by mid-century, but most Nordic countries have already adopted more ambitious national targets. So, what does it take to become the climate champion of the Nordics? Denmark is set to become […]
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 […]
5 takeaways from The European Commission’s 2050 climate strategy (A Clean Planet for all)
Written by Jørgen Skovmose Madsen, Director of EU Affairs, Danish Energy Karsten Capion, Senior Advisor, Energy System modelling, Danish Energy On the 28th of November 2018 the European Commission published its 2050 Climate Strategy – “A Clean Planet for all.” Below, we highlight five key takeaways from the analysis. A climate-neutral Europe by […]
The Nordic countries to lead the way in electrification in Europe
Increased electrification will be a cornerstone in the battle against climate change, and the Nordic countries will lead the way by becoming the most electrified region in the world. This shall be done by developing the Nordic electricity market by ensuring that electricity production is climate-friendly, security of supply is high, and electricity prices are […]
EU is taking steps towards phasing out the fossil car
For the last seven months, I have been acting as the Head of European Office for Energy Norway in Brussels. This has been a temporary position, and by the end of this year I will return to my job at the energy group, Agder Energy, in Norway. In Brussels, I have been able to follow […]
EU carbon price is back on track – why and what next
After a seven-year hiatus the EU emissions trading system is back to relevant price levels. The carbon price had been lagging below 10 euros per tonne since 2011. This was due to several factors: Lack of climate ambition globally. The EU would have jumped its 2020 emission reduction target from 20 % to 30 % […]
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 […]