Security of energy supply and electricity dependency
Growth in electricity consumption is projected to be moderate in the Nordic countries. Consumption is growing in services and households. The availability and affordability of electricity is extremely important for energy-intensive industries.
More than half of the energy consumed in the European Union comes from imported sources. The main themes of the EU’s Energy Security Strategy are the diversification of external energy supply, improvement of the energy market design, completion of the internal energy market, and energy savings. The EU member states each have their own energy strategies, with the starting points being their national targets pertaining to the climate, competitiveness and self-reliance.
Grid development takes place as a collaborative effort in the Baltic Sea region, and transmission connections to northern continental Europe are being reinforced, which increasingly integrates the Nordic countries with the rest of Europe.
In addition to the increasing risks linked with the changing structure of power generation, society’s capability to sustain disturbances in the supply of electricity is decreasing. Severe disturbances in the power system are among the most serious security threats to a modern society. Even in this respect, transmission system operators (TSOs) are expected to co-operate closely across national borders.