Danish consumers could pay a hefty price for energy contract cancellation
Statnett is lashing out at the Danish Energy Regulatory Authority for trying to prematurely terminate a deal for secondary reserve power. In addition to missing out on socio-economic gains for both countries, Danish electricity consumers will have to fork out millions of kroner to Norway.
A clash over energy politics has broken out between Denmark and Norway. In a rare move, Norwegian system operator Statnett has issued a press release (Norwegian) where the Danish Energy Regulatory Authority (DERA) has been criticized for wanting to repeal a reservation of 100 MW secondary reserve power between Denmark and Norway from July 1 this year. It will cost electricity consumers from both countries millions of kroner, says Statnett.
Already a subscriber?Log in here
Read the whole article
Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
With your free trial you get:
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers
Start a free company trial todayRelated articles:
Sales plans for green UK bank could be abandoned
For subscribers
Energy suppliers hit pay dirt in EU's surprise deep freeze
For subscribers
Vattenfall completes German Siemens farm
For subscribers
