Comments and Guidelines on Charges for Transmission Losses

28 June 2024

The Electricity Regulatory Authority has made comments on Landsnet's tariff changes for transmission losses that were intended to take effect on the 1st of August.  

A draft of guidelines regarding transmission losses has been published simultaneously for review. With the introduction of electricity trading platforms, transparency, equality, and competition in the wholesale market have increased, providing opportunities for improvements in the purchase arrangements and charges for transmission losses. 

The guidelines propose transparent methodologies so that the expected charges for transmission losses can be calculated clearly in advance, significantly increasing predictability and reliability. Additionally, incentives are built in for the transmission company to minimise losses and schedule repairs when electricity purchases are more economical. Comments about the guidelines are requested before September 1st 2024. 

The documents are only available in Icelandic.