Short description
The aim of the project is to assess the Nordic countries adaption/planned implementation of measures which refer to the measures included in the proposal of the Council’s regulation on emergency measures to meet high energy prices» (EU, 14th of September 2022). The study includes Finland, Norway, Denmark, and Sweden. For the assessments, it must be considered how the market stakeholders and end-consumers have reacted to the emergency measures and the impacts on the electricity market, and how these measures will impact the Nordic electricity market. This encompasses e.g., measures that result in decreased electricity consumption by 5% for peak-load situations and proposals regarding a cap on the market incomes from the production of electricity from a «inframarginal technology» (e.g., wind, solar, geothermal energy, nuclear power, biomass, oil, and oil-related products, hydropower without reservoir etc.)