HydroFlex public workshop on 21st April 2021
The Nordic Power System is undergoing a significant change, and it is expected that this change will continue in the next decade. The Nordic countries’ commitment to EUs 2020 goals has led to a significant increase in renewable production. The most prominent and talked about change is the increase in wind power production. The annual wind power production is expected to reach approximately 100 TWh in 2030. Apart from some refurbishment or extension projects, little new capacity in large reservoir plants has been introduced in the last decade. In parallel, electrification in transport and offshore has changed the demand profile. This change is expected to continue or possibly increase. The Nordic frequency region already has substantial interconnections with the continent as well as the UK. A moderate increase of interconnection capacity is foreseen in the next decade. Within ENTSO-E as well as within the Nordic TSO’s there is ongoing work to develop flexibility markets. The most concrete result is the establishment of Nordic Balancing Model (NBM), but there may be changes to all parts of the ancillary services market in the next decade. For anyone involved in developing projects, products, technology, or services, this raises several questions:
The HydroFlex public workshop on 21st April 2021 will put these questions on the agenda.