Claes Hedenstrm

1
Disclosure in the Nordic countries

• Claes Hedenström
• President RECS International
• In fantastic Verona
• 10 March 2006

2
Some characteristics
Tax exemption
Investment support

• A joint electricity market
• Implicit auction system for cross border trade
• Joint market based balancing market
• Total production 350-400 TWh
• Products 30-40 TWh
• 60 physically traded over Nordpool
• Nordpool the first international electricity
  exchange (Norway, Sweden, Finland, Denmark, north
  Germany)

Green certificates
Feed-in
3
Electricity Production 2004
4
Questions in focus for disclosure

• Tracking method, which documentation shall be
  allowed
• Physical
• Certificates
• Statistics
• Centralized function for calculating a residual
  mix
• Environmental data (specific or default values)
• Presentation to the customer

5
Disclosure in respective countries

• Finland from 2005 (physical)
• No central function
• Products separated from the disclosure
• Denmark from 2006 (GoO and statistics)
• 2006 a transition year
• The TSO has central function
• Sweden from 2006
• Law in place, ordinance withdrawn (physical)
• The branch organisation to issue guidelines
• Norway to be discussed during 2006 (GoO and
  statistics)

6
Finland and Denmark
7
Example of presentation (DK, SE)
Categories Denmark 6, Sweden 3 and Finland 3
8
Criteria discussed

• Reliable info to the customers
• Market continuity
• Product sales
• No negative influence on the electricity market
• Avoid bilateral trade replacing Nordpool trade
• Co-ordination with other systems like GoO and
  support schemes (green certificates)
• International harmonisation possible
• Low administrative burdon