Electricity market

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Contents November 2011 p. 14 direction Vision Europe needs a strong shared vision to achieve its carbon-neutral target, says hans ten Berge, Secretary General of EURELECTRIC arguments Clear outlook for electricity markets What are the electricity markets made up of? What are the implications of the different solutions? How does the future look? p. 4 Views on the development of electricity markets Wholesale market subsidies and investments must be balanced. Electricity transmission must be profitable. Paving the way for the Nordic retail markets. p. 10 Perspective Consumers’ role in the electricity markets Executive Vice President Timo Karttinen points out that it is specifically consumer needs that are driving the change in the energy system. p. 12 on the journey to carbon neutrality Europe needs a strong shared vision to become carbon neutral, says Secretary General Hans ten Berge. p. 14 Comment Integration benefits the Nordic countries Mikael Lundin, CEO of Nord Pool Spot, is taking a close look at the progress being made in the integration of the pan-European electricity market. p. 16 Fact Smart grid opens the door for renewables Smart grids enable the production, storage and flexible consumption of electricity. p. 17

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