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.
For further information, please contact Saila Horttanainen, Vice President Corporate Communications, Swedegas, on +46 (0)70 622 76 06 or Jeppe Danø, Director, Gas System Operator, Energinet.dk on +45 23 33 88 05.
Fact file: Swedegas
Swedegas is an infrastructure company that invests in smart energy systems. The company owns the gas transmission network, which extends from Dragør in Denmark to Stenungsund in Sweden. Each year, Swedegas transports energy to distributors and directly connected customers. The gas transmission network supplies 33 municipal areas with gas, as well as industrial enterprises, combined heat and power plants and vehicle filling stations. Swedegas is developing a new infrastructure to accommodate biogas, hydrogen gas and liquefied natural gas (LNG).
Energinet is an independent public enterprise owned by the Danish Ministry of Climate and Energy. We own, operate and develop the transmission systems for electricity and natural gas in Denmark. We develop the gas system to prepare it for tomorrow's energy solutions and we are committed to making gas more eco-friendly.