Baltic states discuss common energy market

Nov 22, 2001 01:00 AM

Representatives of the Baltic countries' energy companies and state institutions meeting in Parnu, Estonia, discussed problems related to the launching of a common energy market. Kalle Kilk, head of the regime sector with Eesti Energia's (Estonian Energy) national grid control centre, told the meeting discussed aspects of physical maintenance of power balance that will come into play with the chosen market model, such as load projection, securing sufficient generation, the role of market participants in actual maintenance of balance, and short and long- term planning in market conditions.
"An important prerequisite for a functioning electricity market is the existence of proper measuring systems," Kilk said. Installation of a commercial measuring system is already in progress. A second market prerequisite is innovative information technology and quality communication systems.

The meeting of operators and regulators of the Baltic grids was attended by officials of the Lithuanian state prices and energy supervision commission, Economics Ministry and Lietuvos Energija (Lithuanian Energy), Latvia's high-voltage grids and Economics Ministry, the control centre of the Baltic energy systems, and the Baltic Energy Committee.

Source: BBC
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