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.

Photo: Global Tech

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.

"Statnett strongly disagrees with the draft and is looking seriously at the consequences," noted the press release.

Already a subscriber? Log in.

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.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from EnergyWatch

Ørsted aims to be number one on carbon capture

The utility hopes to win the Danish carbon capture and storage tender with a plan to capture 400,000 tonnes of CO2 by 2025 from the company’s biomass-fired combined heat and power stations.

Nordex downgrades forecast

The German turbine manufacturer has had a rougher start to 2022 so far than expected, prompting the company to downgrade guidance by EUR 200m at minimum.

Further reading

Related articles

Latest News

See all jobs