ANNUAL REPORT 2010 - Konkurentsiamet
ANNUAL REPORT 2010 - Konkurentsiamet
ANNUAL REPORT 2010 - Konkurentsiamet
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consumed by the previous consumer to the consumption of the new one. Additionally, in<br />
case a consumption site has two or more different connection points that are not electrically<br />
interconnected by an electrical installation of the person then the distribution network<br />
operator is not entitled to interpret these connection points as a single consumption site. In<br />
such case the distribution network operator should have considered each particular<br />
connection point as a separate consumption site and calculated the electricity quantities<br />
consumed in the previous calendar year separately. As a result of the explanation of the<br />
Competition Authority, the distribution network operators partially reviewed their activities<br />
and in several cases the identified eligible consumers were exempt from their statuses and<br />
redirected back to the closed market.<br />
Although the partial opening of the Estonian electricity market brought about some<br />
problems and the associated information was occasionally insufficient, the Competition<br />
Authority still considers the process relatively quick and successful. The experience of the<br />
partial opening of the electricity market helps to avoid similar problems in the full opening<br />
of the market on 01.01.2013.<br />
Activation of the Power Exchange and overview of trading<br />
The Power Exchange became operational in Elektribörs on 01.04.<strong>2010</strong> when Nord Pool<br />
Spot AS (NPS) opened the Estlink bidding area. The name of NPS Estlink bidding area is<br />
now NPS Eesti. For Estonian producers, sellers and eligible consumers of electricity, this<br />
created a trading spot for buying and selling electricity under free market conditions.<br />
Market participants from Latvia, Lithuania and third (non-EU) countries can also trade<br />
electricity in the NPS Eesti bidding area.<br />
An amendment to the Electricity Market Act entered into force on 01.04.<strong>2010</strong>, forbidding<br />
eligible consumers to purchase electricity for regulated prices, and offers an alternative to<br />
purchase electricity from the Power Exchange. In conjunction with the activation of the<br />
Power Exchange, a new market participant was added to the Electricity Market Act – the<br />
organiser of the Power Exchange. The organiser of the Power Exchange is NPS whose<br />
activities are supervised by a Norwegian regulator (Norwegian Water Resources and Energy<br />
Directorate). In order to commence trading in the NPS Eesti bidding area, a previous entry<br />
into a corresponding contract is necessary.<br />
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