The Nordic Energy Regulators, NordREG, publishes the annual report for 2020. The report summarizes the cooperation between the Nordic regulatory authorities.
The year 2020 has been intense and despite covid-19 the cooperation has functioned well, and the regulatory authorities has completed the planned activities.
The focus area has been to implement EU-legislation for the retail market and continue to cooperate and create equal conditions on the Nordic electric market. NordREG has for example worked with the Nordic retail market, network regulation, and flexibility issues, which has a prominent role in the Clean Energy Package.
NordREG has had an important part to play in the coordination of the regulatory oversight of the new Nordic Balancing Model to ensure timely and efficient implementation in compliance with the legislation.