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Promotion of renewable energy in the Nordic countries

Opportunities for harmonization of instruments

image of Promotion of renewable energy in the Nordic countries

This study was commissioned by the Nordic Working Group for Renewable Energy in January 2008. The report is based on a literature review, interviews of selected companies and organisations and market expertise and analysis of the GreenStream Network Ltd. The report does not present the opinions of the Working Group for Renewable Energy. All the conclusions presented in the report are those of the authors (see below). The report has been prepared by Mr. Juha Ruokonen, Mr. Gunnar Aronsen, Ms. Anna-Maija Turkama, Mr. Kristian Gautesen, Mr. Mats Nilsson, Mr. Juha Ollikainen from GreenStream Network Plc and Mr Atle Middtun from Norwegian School of Management.

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Conclusions

Nordic countries have long co-operated on energy issues and Denmark, Finland, Norway and Sweden have a common electricity market. Harmonisation of the schemes for promoting the use of renewable energy sources (RES) has been on the agenda and it has been estimated that harmonisation can improve market conditions for trading with renewable electricity and efficiency of the markets. In order to analyse the consequences of harmonised scheme we have developed various harmonisation scenarios

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