Tallinn, Estonia, 28 November 2019. In Tallinn, Estonia grid operators from Spain, France, Denmark, Finland, Poland, Lithuania, the Netherlands and Estonia signed a Letter of Intent to investigate launching an Alliance that will connect together the energy data of all Europeans, so that energy companies can securely access this data and operate in any European country without barriers.
Europe has set ambitions energy and climate goals. A key milestone to achieve these targets is retail market integration. Today retail and services markets are highly fragmented, due to differences in regulation and data access, which prevents the spread of energy retail, efficiency and flexibility solutions around Europe. The Clean Energy Package aims to fix this, requiring interoperability of data access methods. If successful, the initiative, led by Estonian electricity and gas system operator Elering, will achieve retail market integration in practice.
Today in many European countries, new entrants to retail and energy services markets face difficulties in obtaining the data needed for their business. The initiative to integrate Europe's energy data will enable energy companies to easily set up in new countries, which will significantly boost competition and ensure that people have the best services available to them. A benefit assessment by Pöyry indicates that the value of integrating European data would be at least €200M each year.
“Secure access to data allows companies to develop digital tools applicable to the whole European market which increase competition that bring better prices and opportunities for the end customer,” said Taavi Veskimägi, CEO of Elering. “Homes and businesses can obtain green energy at the best price available or choose among a wide variety of energy efficiency and flexibility providers, drive their electric vehicle anywhere and pay for charging via their home's electricity bill. This is the energy transition's next phase, putting people and solutions for homes and businesses in the centre”
Energy Data Access Alliance aim is to agree on standards how to obtain meter data and send market messages in a secure way. There will be no super-hub, data moves directly between parties. The key is consent management, home and business owners retail full control over their data.
The Energy Data Access conference where Letter of Intent was signed is organized by Elering in cooperation with the Ministry of Economic Affairs and Communications of Estonia and RTE, the French power system operator. The conference is a follow-up to the Tallinn e-Energy Declaration.
Letter of Intent was signed by Elering (Estonia), Red Eléctrica de España (Spain), Réseau de Transport d'Électricité (France), PSE (Poland), Fingrid (Finland), Energinet (Denmark), TenneT (the Netherlands) and ESO (Lithuania).