ANNUAL REPORT 2010 - Konkurentsiamet
ANNUAL REPORT 2010 - Konkurentsiamet
ANNUAL REPORT 2010 - Konkurentsiamet
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
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 />
37