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.

Comments and Guidelines on Charges for Transmission Losses

Changes have been made to Island.is login service to access the National Energy Authority's service portal. The changes will mean that the IceKey will no longer be available as a login method. After this change, the IceKey will not work and users will therefore need to use a phone, an in-app ID or a card ID.

Changes to Island.is login service

Orkustofnun has calculated guarantees of origin of electricity for Iceland for the year 2023, to fullfill the regulation no. 757/2012.

The result is published in a standard statement. The results can be seen here: 

Orkustofnun has also issued one specific statement for the electricity sales company Orka heimilanna ehf.

See more here: https://orkustofnun.is/raforkueftirlit/uppruni-raforku

Origin of electricity

Do you want to take part in shaping the future of the electricity market?

The National Energy Regulatory is looking for an ambitious lawyer. If you want to take part in shaping the future of the Icelandic electricity market and promote increased competition and efficiency, we encourage you to apply.

For further information about the job or to apply press here.

The application deadline is up to and including 9 June 2024.