Political leadership needed to secure enhanced Nordic energy cooperation



Nokias tidligere administrerende direktør Jorma Ollila overrekker en rapport om en strategisk gjennomgang av hvordan det nordiske energisamarbeidet kan utvikles de neste fem til 10 årene til olje- og energiminister Terje Søviknes i Oslo 20. juni 2017. Dagfinn Høybråten, generalsekretær for Nordisk ministerråd, til venstre.

Jorma Ollila is handing over the report to Norwegian minister of energy, Terje Søviknes (in the middle) and Dagfinn Høybråten, secretary general of the Nordic Council of Ministers. Photo: Kristine Dahl/OED.

The Nordic Council of Ministers were on Tuesday given 14 clear recommendations for stronger Nordic energy cooperation. The electricity industry in the Nordic countries supports the report's recommendations on increased co-operation and development on energy.

Former CEO of Nokia, Jorma Ollila, was in October 2015 asked to assess how the Nordic energy cooperation could strategically develop over the next five to 10 years. 

The Nordic electricity industry – represented by Nordenergi – have the following initial reactions to the report:

  • "A clear Nordic vision for energy cooperation will empower our customers, stimulate green growth and help meet climate targets. However, this is dependent on stronger and more forward looking political leadership. The report's call for a common vision and enhanced policy co-ordination is therefore timely and fully in line with the regional approach in the EU Energy Union," says Oluf Ulseth, chairman of Nordenergi.

  • "We support the call for higher ambition on energy research and innovation, and turning knowledge into value creation in international markets. We believe electrification is a strong foundation for meeting climate targets, unleashing innovation and securing growth in the Nordic countries, and the recommendations could have been more ambitious on electrification of transportation and heating/cooling," says Mr Ulseth.

  • "The proposed Nordic Electricity Market Forum should be established as soon as possible. We look forward to working closely with regulators, transmission system operators, governments and customer representatives to develop the Nordic power market," says Mr Ulseth.

Download the report here (Norwegian version)