Sweden and Denmark head towards a harmonised gas market

October 5, 2017

The vision of a more harmonised gas market for Sweden and Denmark is expected to become reality within the next few years. The national gas transmission operators, Swedegas and Energinet, are set to take the next step in the process by initiating a project that will help to identify the best way forward. Improved security of supply and more operators on the market are just two of the expected benefits.

The potential to integrate the Swedish and Danish gas markets in terms of balancing and trade has been discussed closely for some time with various groups and organisations on the market. These include end-users, gas providers, network owners and the regulatory authorities in both Sweden and Denmark.

These groups are aware of the potential benefits - improved security of supply, more efficient administration, and the presence of more gas traders on the market - which would lead to greater competition and ultimately benefit end-users.

"As national gas transmission system operators and system balance administrators, Swedegas and Energinet have assumed joint responsibility for bringing the issue to the next level and producing a tangible basis for a decision," said Johan Zettergren, Swedegas CEO.

The project can be expected to present its recommendation regarding harmonisation of the gas markets in the two neighbouring countries in 2018. The focus will be on balancing and trade. Harmonisation of network tariffs will not be included.

"I'm very much in favour of a common balancing zone as it could lead to a more effective market and enhance the competitiveness of gas," said Jeppe Danø, Director, Gas System Operator, Energinet.

Saila Horttanainen, Vice President Corporate Communications
+46 (0)70 622 76 06
Jeppe Danø, Director
Gas System Operator
+45 23 33 88 05  

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