ACER publishes the results of the monitoring the “minimum 70% target” in the Nordic region in 2020
ACER publishes the results of the monitoring the “minimum 70% target” in the Nordic region in 2020
"While Denmark and Finland are meeting the 70% minimum target almost at all time, there is room for improvement for Sweden"
Europe’s Clean Energy Package of legislation set a binding minimum 70% target for electricity interconnector capacity for cross-zonal trading (the “minimum 70% target”).
Why is this 70% target important?
The lack of sufficient cross-zonal capacity between Member States is one of the main barriers to the integration of electricity markets, and market integration is key to deliver on Europe's energy goals. Larger amounts of cross-zonal capacity made available for trade increase cross-border competition and facilitate more renewables on the grid.
Why is ACER publishing a dedicated 70% target report on the Nordics?
In 2020 and 2021, ACER published two reports monitoring the minimum 70% target in the EU. However, the analysis of the Nordic Alternate Current (AC) borders was not included, due to insufficient data provided by the Nordic TSOs to ACER at that time. Following a decision issued by ACER, the data was subsequently received.
What are ACER’s finding on the minimum 70% target in 2020 in the Nordic region?
The performance of the Nordic countries and the quality of the data they provided for monitoring is diverse.
While Denmark and Finland are meeting the 70% minimum target almost at all time, there is room for improvement for Sweden.
Moreover, ACER underlines that the monitoring would benefit from more accurate data, and invites the Transmission System Operators to accelerate their efforts to improve the quality of data they provide.
ACER calls for more harmonisation in monitoring, reporting and assessing compliance with the minimum 70% target.
In 2020 and 2021, ACER, a number of regulatory authorities and the European Network of Transmission System Operators for Electricity (ENTSO-E) published various reports on the level of fulfilment of the 70% minimum target.
ACER calls for more coordination and harmonisation in these reports. A common and consistent message delivered by all concerned parties is key to facilitate stakeholders’ understanding of the progress towards meeting the minimum 70% target and to ensure that the minimum 70% target is implemented with equally high standards across the EU.
Find out more and access the reports.