1. NordREG Nordic harmonized electricity market by 2015? Work done and what to do beyond 2014

2. Presentation Part 1. Recap 2011-2014 Vision and objectives The project Agreed recommendations Challenges and expectations Status and Results Part 2. Process for the next four years of harmonization (for discussion) What focus areas/thematic areas should the new project include

3. Recap 2011-2014 -NordREG vision for the development of electricity markets: All Nordic electricity customers will enjoy a free choice of supplier, efficient and competitive prices and reliable supply through the internal Nordic and European electricity market.

4. Recap 2011-2014 -Objectives Customer friendliness Well-functioning common market Improved competition Improved efficiency Compliance with EU regulation and development Neutrality of DSOs

5. Recap 2011-2014 4 Task Forces of 5 active during the project, Market rules TF Metering TF Business Process TF Customer empowerment TF Structures of network tariffs TF 13 NordREG publications 7 Consultants reports

6. Recap 2011-2014 -Main recommendations Supplier centric model Rights and obligations (2011): In general this means that most issues, from a customer perspective, are handled by the supplier. 1 NordREG report High level suggestions on information exchange (2012): Benefits with central information system. 1 NordREG report Billing (2011-2013): Comparison of billing regimes and then decision on combined billing 6 consultancy reports Supplier switching (2013): A step toward a harmonisation. Modern information exchange systems, meters important for fully implementation. 1 NordREG reports Transparency note (2013): Access to information and meter data 1 NordREG note

7. Recap 2011-2014 -Further recommendations Universal service (2013): Neutrality of DSOs 1 NordREG report Moving process (2014): Report in final stage 1 NordREG report Information Exchange (2014): Business process requirements. A technical report. Important for harmonisation of business processes 1 Consultant report

8. Harmonisation process

9. Recap 2011-2014 -Challenges and expectations NordREG has no mandate to force implementation (compare EU) Nordic recommendations - national detailed regulation Implementation in different speed and steps Important step: national decisions on information exchange models

10. Future work NordREG believes strongly in the establishment of the Nordic retail market Creates a sizeable competitive market - benefits all customers Attracts new emerging businesses and new entrants The Nordic market should contribute to the goals set by EU for 2020, 2030 and 2050

11. Thank you!