A long Nordic tradition of co-operation on the development and operation of infrastructure and markets is based on common challenges and solutions, but also on a high level of trust and openness, which creates a good foundation for efficient co-operation, when the Nordic countries create common solutions for the transmission of electricity,” says Klaus Skytte, CEO at Nordic Energy Research.

The future offers many challenges for the Nordic electricity systems – the share of unstable production is increasing, the cost level increases, lack of public support for new infrastructure, and an increasing risk of cyber attacks.

These challenges are known in all Nordic countries, and in many cases the challenges can only be overcome with common policies, routines and control systems.

By addressing the challenges at a Nordic level synergies can be achieved and common solutions increase the opportunities for:

  • a more tightly integrated infrastructures with power exchange capacity
  • a common marketplace for energy and energy related services
  • a complementary production structure of the Nordic countries (hydro with storage, wind, nuclear, combined heat and power from biomass and possibly gas with CO2 capture and storage)
  • exchange and strengthening the competencies and capacities at the Nordic universities and research institutions.

Increased digitization will have a positive effect on the synergies.

A joint Nordic co-operation to develop the electricity infrastructure of the future will reduce the overall research and investment costs.