We are currently making significant investments to ensure that the central grid is robust and to secure the power supply for many years to come. The power system is changing and must be equipped to handle the transition from fossil fuels to renewable power in the Nordic region. At the same time, the existing network requires major investments. The demand for security of supply is increasing as we become more dependent on electricity.
Customers should contribute based on their network needs
This will result in increased tariff levels in the years to come. The investments will benefit everyone who uses the power grid, and our goal is for all customers to contribute based on their network needs and the role they have in the power system.
Statnett’s Board of Directors has decided that there is a need for a tariff model that provides more accurate price signals and a more socio-economically efficient distribution of costs. Among other things, this means that all players must receive price signals that allow them to cover the costs they place on the network.
Changes in 2019
For 2019, Statnett’s Board of Directors have decided that the first step towards a new model is to lower the maximum tariff reduction associated with the co-location of production and consumption from 50 per cent to 40 per cent, as well as the tariff reduction for power-intensive industry from 90 per cent to 75 per cent.
We will continue the work on a new tariff model moving forward. This work will include further de-escalations of the tariff reduction for the industry and an increase in the feed-in tariff.
The structure of the tariff model is presented to and discussed with the customer organisations before it is adopted by Statnett’s Board of Directors. Statnett has regular meetings with customer organisations to discuss the tariff structure.