Nordenergi response to ENTSO-E public consultation on Ten-Year Network Development Plan (TYNDP) 2014
Infrastructure creates options. Compared to the vast sums expected to be invested in electricity generation, the infrastructure investments, however large, are small in comparison. But as long as the European power systems are fundamentally different, the option values created by building new infrastructure must be accounted for. In the Baltic and Nordic Sea regions, all bidding areas have their own characteristics. This fundamental truth makes it more likely that there will be too little infrastructure built than too much. Read the entire response.