EECS Rules Fact Sheet 4 Member and Competent Authority Codes
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North Atlantic Energy Network January 2016
North Atlantic Energy Network January 2016 Orkustofnun (OS) - National Energy Authority of Iceland Norges Arktiske Universitet (UiT) - The Arctic University of Norway Energy Styrelsen - Danish Energy Agency Jarðfeingi - Faroese Earth and Energy Directorate Shetland Islands Council - Economic Development Service Greenland Innovation Centre 1 2 EXECUTIVE SUMMARY The aim of the North Atlantic Energy Network project was to investigate how isolated energy systems in the North Atlantic can be connected to Norway and Greenland to form an electrical grid in the North Atlantic. Representatives of Greenland, Iceland, Faroe Islands, Shetland and Norway met in Copenhagen in the end of February 2015 to formulate how to tackle this question. Each country documented its status regarding energy production and potentials in the fields of renewable energy and the technological aspects were investigated. Greenland has a big hydropower and solar energy potential, which is not known in detail. Further work is needed to map the potentials. Due to lack of infrastructure and experience a cable connection between Greenland and the neighbouring countries is not realistic in the nearest future. It is technically possible to connect all of the neighbouring countries around Iceland with subsea cables. Iceland now produces about 18 TWh of electricity per year and could have the potential to double the production from geothermal and hydropower alone. There are many unclear aspects that need to be investigated further to draw a full picture of the pros and cons of interconnectors from Iceland. The legal and regulatory framework must be in place before a project of this kind can be realized and extensive grid reinforcements are needed to support export through a cable at a single connection point in Iceland. -
Nordic Grid Development Plan 2012 Foreword
Nordic Grid Development Plan 2012 Foreword The Nordic transmission system operators (TSOs) have a long history of successful cooperation within grid development. Three common Nordic grid master plans have been developed in the last ten years in the context of Nordel, the previous cooperative organization for the Nordic TSOs. Joint Nordic grid development is essential to support further development of an integrated Nordic electricity market, as well as increased capacity to other countries and integration of renewable energy sources (RES). The Nordic co-operation on grid development is now taking place within the wider regional context provided by the regional groups North Sea and Baltic Sea of ENTSO-E, the European organization for TSOs, in addition to bilateral co-operation when required. The Nordic Grid Development Plan 2012 is prepared as a response to the request from the Nordic Council of Ministers of October 25, 2010. The plan is prepared by Statnett, Svenska Kraftnät, Energinet.dk and Fingrid, and the Icelandic TSO Landsnet has provided input regarding the Icelandic grid. The plan presents the Nordic grid investment plans for the next ten years. 28. September 2012 Oslo Stockholm Copenhagen Helsinki Statnett SF Svenska Kraftnät Energinet.dk Fingrid Auke Lont Mikael Odenberg Peder Østermark Andreasen Jukka Ruusunen CEO CEO CEO CEO LIST OF TABLES....................................................................................................................... 2 1 EXECUTIVE SUMMARY ............................................................................................ -
'A+' Rating Affirmed with a Stable Outlook Statnett SF
Research Update: Statnett SF 'A+' Rating Affirmed With A Stable Outlook February 26, 2020 Rating Action Overview PRIMARY CREDIT ANALYST - The Norwegian Energy Regulatory Authority (NVE) has announced that Statnett SF receives a Daniel Annas 100% efficiency score; this leads us to expect the company will capture in full the revenue cap Stockholm of its cost base. +46 (8) 4405925 daniel.annas - We expect continued ample rating headroom as our base-case scenario stipulated FFO to debt @spglobal.com to be close to 9% on average in coming years, and debt to EBITDA on average at about 8.5x, both SECONDARY CONTACT which we consider well commensurate with the 'bbb' stand-alone credit profile (SACP). Per Karlsson - We continue to view the regulatory environment for Norwegian as supportive, despite declining Stockholm weighted average cost of capital (WACC), because we view the framework as stable and (46) 8-440-5927 predictable; the WACC estimate for 2020 is 5.47%. per.karlsson @spglobal.com - We are therefore affirming our 'A+' rating and stable outlook on Statnett. ADDITIONAL CONTACT - Statnett's positive momentum in credit ratios post-2020 are hinged on RAB increasing as Industrial Ratings Europe planned, and without cost overruns. Corporate_Admin_London @spglobal.com Rating Action Rationale The regulator has announced Statnett as 100% efficient, which supports its credit ratios. On Jan. 31, the NVE announced Statnett's revenue cap, including an updated WACC estimation, at 5.47% and confirmation of a maintained 100% efficiency score. The WACC estimate decreased 35 basis points from the actual 5.82% reported in 2019, pointing to declining free-rate risk, computed as the average five-year swap rate from the most recent calendar year. -
Joint Messages Roundtable of European Energy Industrialists Brussels, 7 February 2013
w JOINT MESSAGES Roundtable of European Energy Industrialists Brussels, 7 February 2013 Empowering Market and Consumers The Roundtable of European Energy Industrialists, meeting in Brussels on 7 February 2013, represents companies that will invest more than € 75 billion by 2020. Between now and 2050, the energy industry as a whole will create millions of jobs and make a considerable contribution to economic growth. Eu- rope is now preparing its next vital steps towards a green energy transformation so comprehensive, that it overshadows all previous attempts at climate change mitigation around the world. By taking global leadership in realizing a low-carbon future, Europe's investment in infrastructure may foster a recovery from the economic downturn. Above all, the Roundtable of European Energy Industrialists believes that the future is electric, and that efficient electricity markets must be crucial in implementing this transformation. We therefore support the commitment of the European Commission to complete the internal energy market without delay. In summary, better markets, stronger grids, and smarter technologies are keys to Europe's energy transformation. – 1 – w 1. Better Markets The internal market is fundamental to efficient use of resources. In the short-term electricity market integration leads to increased liquidity and transparency in wholesale markets, more competitive prices and more freedom for consumers. In the long term, well-functioning electricity markets, stable regu- latory regimes and a robust emission-trading scheme will provide the signals for efficient investments. The reality, however, is that progress to complete the internal electricity market is slow and many ener- gy companies are having to deal with significant and rapid moves back to re-regulation of the sector at national levels. -
Methodology of Comparison 2013
METHODOLOGY OF COMPARISON 2013 Comparative Analysis of Sustainability Performance Methodological Remarks Convinced that a comparison of environmental, social and governance performance is of interest, not only to the Company itself, but also to its stakeholders, certain comparisons between Terna’s results and those of other com- panies are included in the 2013 Sustainability Report, as was the case in the preceding three years. Listed below are the main criteria adopted in the analysis, as an introduction to the reading and interpretation of the comparisons of individual indicators in the Report: • three panels of companies were identified: an industry panel, composed of the European transmission system operators and the major extra-European operators in terms of kilometres of lines managed; and two multi- industry panels, the first relative to large Italian companies (the 40 companies of the FTSE-MIB at 18 December 2013) and the second relative to the best international performers (the 24 world Sustainability Industry Group Leaders, identified by the RobecoSAM sustainability rating agency and disclosed at the publishing of the Dow Jones Sustainability Index of September 2013). The purpose of the three panels is to guarantee, also relative to the type of indicator reviewed, a comparison between companies with the same operational characteristics, an Italian comparison, and a comparison with the top international performers. The Terna figures do not contribute to the calculation of the average in the case of the RobecoSAM – Supersector Leaders panel; • the companies considered from among those in the three panels were those which publicise the information necessary for comparisons either on their websites, through the Sustainability Report (even if not prepared following the GRI guidelines) or through other documentation (HSE Report, financial report, etc.). -
Reviewing and Improving Our Public Consultation Process Appendix 7B
Reviewing and improving our public consultation process Appendix 7b Working with you for our energy future www.eirgrid.com Appendix 7b European Grid Report: Beyond Public Opposition - Lessons Learned Across Europe Update 2013 Renewables Grid Initiative EUROPEAN G R I D R E P O R T Beyond Public Opposition Lessons Learned Across Europe Update 2013 EirGrid • Reviewing and Improving our Public Consultation Process • Appendix 7b Page 1 EUROPEAN GRID REPORT – UPDATE 2013 Imprint The Renewables-‐Grid-‐Initiative is managed and legally represented by Renewables Grid gUG. Haydnstraße 1 12203 Berlin, Germany Managing Director: Antonella Battaglini Jurisdiction: AG Charlottenburg / HR 141989 B Tax number: 27/602/56382 Authors: Theresa Schneider, Stephanie Bätjer are The Renewables-‐Grid-‐Initiative (RGI) gratefully acknowledges funding support from the European Commission. All content and opinions expressed in this publication solely those of RGI. Co-funded by the Intelligent Energy Europe Programme of the European Union 2 EirGrid • Reviewing and Improving our Public Consultation Process • Appendix 7b Page 2 EUROPEAN GRID REPORT – UPDATE 2013 TABLE OF CONTENTS Table of Contents 1. INTRODUCTION 5 1.1. THE ADDED VALUE OF THIS UPDATE 5 1.2. SCOPE AND METHODOLOGY 6 2. CHALLENGES 7 2.1. PLANNING AND APPROVAL PROCESS AND INTERACTION WITH STAKEHOLDERS 7 2.2. NATURE CONSERVATION AND ENVIRONMENT 11 3. SWITZERLAND 12 3.1. TERMINOLOGY 12 3.2. PLANNING AND APPROVAL PROCESS AND INTERACTION WITH STAKEHOLDERS 12 3.3. NATURE CONSERVATION AND ENVIRONMENT 16 3.4. CHANGE PROCESS AND INTERNAL STRUCTURES 17 3.5. PLANNING AND PERMITTING PROCEDURE: OVERVIEW 18 4. UPDATE FROM BELGIUM 19 4.1. -
System Operation Stakeholders Committee
System Operation Stakeholders Committee Materials for meeting 16th September 2020 1.1 Review of the Agenda Time Agenda Topics Documents Lead 1. Opening Uros Gabrijel 13:30-13:35 1.1 Review of the agenda Agenda 13:35-13:45 1.2 Review and approval of minutes from previous meeting Minutes 13:45-13:55 1.3 Review of actions Slides Ana Cigaran 13:55-14:15 2. Update on the implementation actions at pan-EU level Slides Ana Cigaran 3. System Operation Guideline Slides 14:15-14:30 3.1 Cost Benefit Analysis for FCR providers by Limited Energy Reservoirs: Luca Ortolano Status update 3.2 Information on Exchange\Sharing of reserves 14:30-15:00 Mohamed El Jafoufi 15:00-15:15 4. CGM Program Implementation Update Derek Lawler 15:15-15:45 5. NC ER Implementation update Slides Rafal Kuczynski 5.1 Update on TCM Status according to Art. 4. 6. Information on Low frequency Pump disconnection & energy storage units Rafal Kuczynski\Walter Sattinger 15:45-16:00 6.1 Why low frequency pump disconnection is triggered at different frequencies across Europe? 6.2 Outlook on the plans for the energy storage units 16:00-16:15 16:15-16:30 7. AOB – Next meeting 9th December Uros Gabrijel 2 1.3 Review of actions Ana Cigaran 3 1.3 Review of actions (I) ACTION ANSWER STATUS 1. Note for future SO GL active library to include pre- Preparation for SO GL Active Library Open qualification process aFRR, mFRR, RR. is in good progress both for the Digital and content part. -
Summer Outlook Report 2012 and Winter Review 2011/2012
SUMMER OUTLOOK REPORT 2012 AND WINTER REVIEW 2011/2012 European Network of Transmission System Operators for Electricity An Overview of System Adequacy: Summer Outlook Report 2012 and Winter Review 2011/2012 ENTSO -E Avenue Cortenbergh 100 • 1000 Brussels • Belgium • Tel +32 2 7410950 • Fax +32 2 741 0951 • [email protected] • www.entsoe.eu SUMMER OUTLOOK REPORT 2012 AND WINTER REVIEW 2011/2012 European Network of Transmission System Operators for Electricity 1 INTRODUCTION ....................................................................................................... 3 2 EXECUTIVE SUMMARY ............................................................................................. 4 3 METHODOLOGY ...................................................................................................... 5 3.1 SOURCE OF INFORMATION AND METHODOLOGY ................................................................................... 5 3.2 AIMS AND METHODOLOGY ................................................................................................................ 7 4 WINTER REVIEW .................................................................................................... 10 5 SUMMER OUTLOOK ............................................................................................... 11 5.1 GENERAL OVERVIEW ...................................................................................................................... 11 5.2 INDIVIDUAL COUNTRY PERSPECTIVE ANALYSIS ................................................................................. -
Minutes SDAC Joint Steering Committee Meeting 30/01/2020,11:00 – 17:00 CET, Brussels Airport
Minutes SDAC Joint Steering Committee Meeting 30/01/2020,11:00 – 17:00 CET, Brussels Airport Present parties 50Hertz Cropex EPEX Spot Litgrid PSE Terna Admie EirGrid (TSO) ESO MAVIR REE TGE Amprion Eirgrid (SEMO PX) EXAA Nasdaq REN Transelectrica APG ElecLink Fingrid Nemo Link RTE Transnet BW AST Elering GME NGIC SEPS TTG BritNed ELES HEnEx OKTE SONI (SEMO PX) TTN BSP Elia HOPS OMIE SONI (TSO) ČEPS EMCO Nord Pool HUPX OPCOM Statnett Creos Energinet IBEX OTE Svk Attending in person Attending by phone Proxy arranged Not present Present chairs, TF leaders, PMOs, observers BMTF leader JSC Secretary MRC OPSCOM PMO MSD PMO PCR chair & PMO TSO co-chair EC MEPSO MSD NEMO co-leader NEMO co-chair Procedures TF leader Entso-e MRC OPSCOM leader MSD TSO co-leader OST Swissgrid Attending in person Attending by phone Not present Meeting agenda # Topic For 1 Welcome, practicalities 1.1 Confirm quorum Inf 1.2 Adoption of the agenda Dec 1.3 Approval of minutes of past meetings/calls (incl. part for publication) Dec 1.4 Review open action points Inf 1.5 Participation in SDAC JSCs – overview 2019 meetings Dis 2 Decisions required 2.1 Way forward Central Settlement Entity (without JAO present) Dec 2.2 NRA access to Simulation Facility & cost sharing Dec 2.3 Mandate for co-chairs to take actions after a decoupling event Dec LUNCH 3 TF status reports and decisions requested 3.1 BMTF Dec 3.2 MRC OPSCOM Dec 3.3 Procedures TF 3.4 MSD Dec 3.5 MNA Implementation Coordination Group Inf 3.6 Legal TF Inf 3.7 Communication TF Inf 3.8 Feedback from 29/01 Internal Coordination Team (ICT) strategy meeting Inf 4 Important points for SDAC from ENTSO-E/ NC/ NRAs/ ACER/ EC 4.1 NEMOs status report Inf 4.2 Feedback from 10/12 TCG and 18/12 MESC meetings Inf 4.3 Update on Algorithm Methodology 5 Any other business 5.1 Baltic Cable – status update on TSO certification Inf 5.2 CCP default Dis 5.3 Next meetings Inf 1 List of decisions # Topic Decision 1.2 Adoption of the The meeting agenda is approved. -
The Benefits of Investing in Electricity Transmission a Case Study of Northern Europe
The Benefits of Investing in Electricity Transmission A Case Study of Northern Europe Jonas Teusch Arno Behrens Christian Egenhofer January 2012 Abstract Electricity trading can bring down the costs of the EU’s transition to a competitive low-carbon economy, in particular by facilitating the integration of renewable energy from variable sources. Yet insufficient grid infrastructure and regulatory obstacles prevent the trading potential from being fully realised in northern Europe. While many interconnector projects are under development, various barriers are precluding the grid rollout from taking place on time. The European Commission’s energy infrastructure package is an important step forward to overcome these barriers. But the scale and urgency of the infrastructure challenge call for significant further progress. This study was funded by Dong Energy, Fortum, Statkraft and Vattenfall. The authors would like to extend special thanks to officials and representatives from the European Commission, ENTSO-E, ACER, BNetzA, the Swedish Markets Inspectorate and EWEA for their valuable assistance and support. The preliminary results of this study were discussed at a stakeholder workshop held at CEPS on 28 September 2011; the main results were debated by a high-level panel on 28 November 2011. Unless otherwise indicated, the views expressed are attributable only to the authors in a personal capacity and not to any institution with which they are associated. ISBN 978-94-6138-161-3 Available for free downloading from the CEPS website (http://www.ceps.eu) -
Flexible Resources for Flexible Transmission System Operation
Flexible resources for flexible transmission system operation IEA-PVPS Task 14: “High Penetration of PV Systems in Electricity Grids” Subtask 3: High penetration solutions for central PV generation scenarios i Report IEA-PVPS T14-09:2017 ISBN 978-3-906042-66-4 ii INTERNATIONAL ENERGY AGENCY PHOTOVOLTAIC POWER SYSTEMS PROGRAMME Flexible resources for flexible transmission system operation IEA-PVPS Task 14: “High Penetration of PV Systems in Electricity Grids” Subtask 3: High penetration solutions for central PV generation scenarios IEA-PVPS T14-09:2017 October 2017 Corresponding Author: Eng. Adriano Iaria Development of Energy Systems Dept. RSE S.p.A Ricerca sul Sistema Energetico. Via Rubattino, 54, 20134 Milano (MI) - Italy Ph. +39-02-3992-5241 Fax +39-02-3992-5597 e-mail: [email protected] iii Report contributors BELGIUM Koen Verpoorten1,2, Kristof De Vos1,2 1Department of Electrical Engineering, University of Leuven, Leuven, Belgium 2EnergyVille, Genk, Belgium GERMANY Markus Kraiczy1, Rafael Fritz1, Bernhard Ernst1, Dominik Jost1, 1 Fraunhofer Institute for Wind Energy and Energy System Technology, Kassel Germany GREECE Stathis Tselepis, CRES, Centre for Renewable energy Sources and Saving, Greece. ITALY Adriano Iaria2, Claudio Brasca2, Diego Cirio2, Antonio Gatti2, Marco Rapizza2 2Ricerca sul Sistema Energetico – RSE S.p.A., Energy Systems Development Dept., Milano, Italy JAPAN Kazuhiko Ogimoto3, Ken Obayashi4, Koichi Asano4 3University of Tokyo, Institute of Industrial Science, Tokyo, Japan 4New Energy and Industrial Technology Development Organization, (NEDO), Smart Community Department, Kawasaki City, Japan SWITZERLAND Christof Bucher, Basler & Hofmann AG, Zürich, Switzerland UNITED STATES OF AMERICA Barry Mather5, Vahan Gevorgian5 5National Renewable Energy Laboratory (NREL), Golden, Colorado, USA Foto credit cover page RSE S.p.A. -
Future System Inertia 2
REPORT Future System Inertia 2 PARTICIPANTS Erik Ørum Energinet.dk Liisa Haarla Fingrid Mikko Kuivaniemi Fingrid Minna Laasonen Fingrid Anders Jerkø Statnett Inge Stenkløv Statnett Fredrik Wik Svenska kraftnät Katherine Elkington Svenska kraftnät Robert Eriksson Svenska kraftnät Niklas Modig Svenska kraftnät Pieter Schavemaker E-Bridge Consulting B.V. (PM) ENTSO-E AISBL • Avenue Cortenbergh 100 • 1000 Brussels • Belgium • Tel +32 2 741 09 50 • Fax +32 2 741 09 51 • [email protected] • www.entsoe.eu European Network of Transmission System Operators for Electricity Contents FUTURE SYSTEM INERTIA 2 ........................................................................................................1 1. EXECUTIVE SUMMARY ..........................................................................................................7 1.1 INTRODUCTION AND SCOPE ................................................................................................................................. 7 1.2 RESULTS AND CONCLUSIONS ................................................................................................................................ 7 1.3 NEXT STEPS ..................................................................................................................................................... 9 2. INTRODUCTION ................................................................................................................. 11 2.1 SCOPE FOR THE PROJECT ..................................................................................................................................