Coordinated implementation of EU-legislation NordREG initiatives - PowerPoint PPT Presentation

Coordinated implementation of EU-legislation • NordREG initiatives towards the Clean Energy Package ➢ Common scoping and mapping exercise of CEP regulation ➢ Prioritizing of identified topics for coordinated CEP work in NordREG ➢ Determination of action points, timetables and deliverables for all NordREG Working Groups and Task Forces ➢ NordREG work on CEP will be a vital part of NordREG work program 2020 • First result of the common CEP work has just been published

Coordinated implementation of EU-legislation • November 19 th , NordREG published 21 Nordic recommendations on how to implement retail related articles in the new Electricity Directive • Two important road choices: ➢ Termination fees ➢ Comparison tools • Many common interpretations of individual provisions: ➢ Key contractual conditions ➢ Let customers choose channel for information ➢ Bills and billing information free of charge ➢ Mandatory information in bills

NordREG will do more 2020 • NordREG will look at remaining gaps and asymmetries ➢ Commissions Barriers to entry report ➢ Follow implementation of new EU-legislation ➢ Evaluate benefits of further harmonization • It´s difficult to compromise ➢ We all used time and resources to make our markets work in a certain way ➢ Easier to keep status quo than to change ➢ Hard to value benefits of harmonization against cost for compromises