GEODE - The voice of local energy distributors across Europe

Discover how Helen Sähköverkko Oy ambitious renewable energy projects are set to transform Finland's energy landscape and drive the nation towards carbon neutrality by 2030. With significant investments and groundbreaking projects, Helen is leading the charge in sustainable energy solutions. For the full article: 🔗 https://bit.ly/4eLOiDM GEODE - The voice of local energy distributors across Europe #RenewableEnergy #Sustainability #CarbonNeutral #Innovation #Finland #EnergyTransition

We are delighted to have actively participated in this year’s European Commission’s Copenhagen Infrastructure Forum! The Forum underscored the critical need for investments to strengthen the EU grids infrastructure at the DSO level, a pivotal requirement for achieving a successful energy transition. This was a central theme in EU Commissioner for Energy Kadri Simson's address and the session dedicated to the EU Grids Action Plan. 🗣 GEODE’s Secretary General, Carmen Gimeno de la Fuente, presented our latest position paper on the Revenue Regulation for DSOs. She outlined the seven key principles designed to support DSOs in driving Europe’s energy transition through substantial grid investments: 1️⃣ Long-term predictability; 2️⃣ Anticipatory investments; 3️⃣ Sufficient cash flow; 4️⃣ Competitive WACC; 5️⃣ Balanced CAPEX and OPEX incentives; 6️⃣ Promoting efficient operation; 7️⃣ Incentivising innovation. Discover the full position paper ➡ bit.ly/3V9GAtZ   GEODE - The voice of local energy distributors across Europe #EnergyTransition #GridsInfrastructure #CopenhagenForum #GridInvestments #Grids #GridsActionPlan #DSO

We are thrilled to have participated in this year’s EM-Power Europe Conference in Munich, Germany! 🗣 This morning, our Secretary General Carmen Gimeno de la Fuente chaired the session “Demand Side Flexibility: The Role of Grid Infrastructure, Market Players and Digitalization in Meeting Consumer Expectations”. The session delved into how digitalization and innovative technologies, such as smart meters, along with market-based solutions, are empowering consumers to become dynamic participants in the energy ecosystem. Discussions also covered how our grid infrastructure can evolve to meet rising consumer expectations, handle the growing volume of connection requests, and maintain a secure supply. GEODE - The voice of local energy distributors across Europe EMPower_energy #GridInfrastructure #Digitalization #EnergyTransition #ConsumerExpectations

Yesterday, our Working Group Regulation met online for a productive session before the summer break!   We kicked off with an in-depth policy update covering several crucial topics, including a briefing on the recent European election results and a preview of the upcoming Copenhagen Forum. Additionally, we also touched upon developments closely related to grids, such as Council Conclusion on Grids as well as the High Level Roundtable on Grids. Our discussion then turned to future endeavors and touched upon the EU Agency for the Cooperation of Energy Regulators (ACER) & Florence School of Regulation newly released report “Benefit Sharing to Promote more Efficient Investments in Energy Infrastructure”. This discussion continued with members delving into our Position Paper on Revenue Regulation, which was officially unveiled at the GEODE Spring Seminar.   👏 A big thank you to our members for their active participation and valuable contributions! Per Everhill Ina Lehto Teemu Nurmi Pilar Barrera Gonzalez Ole Theodor Dønnestad Tommi Lähdeaho Alberto Perego Lisbeth Vingås Lucía Recolons García-Mauriño Matteo Moschen Orasch Wolfgang Alexander Herbst Carmen Gimeno de la Fuente Anna Smičková Federica BRUNI   GEODE - The voice of local energy distributors across Europe #EnergySector #EuropeanElections #EnergyInfrastructure #AnticipatoryInvestments #Grids #RevenueRegulation

📢 “Demand Side Flexibility: The Role of Grid Infrastructure, Market Players and Digitalization in Meeting Consumer Expectations” 📆 19th of June, 11:00-12:30 📍EM-Power Europe Conference, ICM Munich Join us next week at EM-Power Europe Conference in Munich, Germany, where our Secretary General, Carmen Gimeno de la Fuente, will be chairing a session on demand side flexibility! The session will discuss how our grid can be prepared to meet consumer expectations and how to deal with a flood of connection requests in a timely manner while ensuring security of supply.    For more information and tickets: https://bit.ly/4bWluGL 🔗 GEODE - The voice of local energy distributors across Europe EMPower_energy #GridInfrastructure #Digitalization #EnergyTransition #ConsumerExpectations

GEODE Spring Seminar was a great success! 🌟 Last Monday, we welcomed GEODE members and stakeholders to our Spring Seminar in Brussels. Attendees enjoyed engaging presentations and roundtable discussions featuring representatives from the European Commission, European Investment Bank (EIB), Global Infrastructure Investor Association (GIIA), DSOs, EU Agency for the Cooperation of Energy Regulators (ACER), National Regulatory Authorities, International Energy Agency (IEA), and the Florence School of Regulation. The event also provided ample networking opportunities during lunch and the official dinner, where participants continued the insightful discussions started at the Seminar. We appreciate everyone’s participation and enthusiasm in making this event truly memorable! Additionally, during the Seminar, we proudly presented the GEODE Excellence Awards to Per Everhill, Lisbeth Vingås, Pilar Barrera Gonzalez, and Ina Lehto in recognition of their outstanding efforts in drafting the GEODE Position Paper on Revenue Regulation🏆 👏We thank all our speakers for the engaging and insightful presentations! Hans Kreisel, Catharina Sikow, Pablo Hevia-Koch, Marzia Sesini, PhD, Joachim Balke, Jon Phillips, John Sinner, Johannes Zimmerberger, Lawrence Slade, FEI, Per Everhill, Markus Kachel, Rafael Muruais Garcia, Josep Mª Salas, Frederic Marijsse, Ina Lehto, Pilar Barrera Gonzalez, Carmen Gimeno de la Fuente.   GEODE - The voice of local energy distributors across Europe #SpringSeminar #GridInvestments #Grids #DSOs #InfrastructureInvestment

Just before the summer break, our Board members met both online and in person at the GEODE office in Brussels. Discussions centred on key development at the EU level, looking ahead at the outcomes of the European Parliament elections and the new Commission’s mandate. Fresh from our Spring Seminar discussions, members engaged in a dynamic strategic discussion on grid investment and financing, highlighting our newly released Position Paper on Revenue Regulation. Finally, we also spotlighted upcoming events, with a special mention of our next Board meeting in Kristiansand, Norway, and the Autumn Seminar in Rosenheim. 👏We thank our Board members for their valuable contribution to our work! Hans Kreisel, Ignacio Cuerva Valdivia, Toivo Hurme, Per Everhill, Lawrence Slade, FEI, Ramon Gallart Fernandez, Ina Lehto, Kaspar Andresen, Thomas Maderbacher, Carmen Gimeno de la Fuente, Federica BRUNI, Anna Smičková   GEODE - The voice of local energy distributors across Europe #Board #Energy #Revenue #DSOs #Investments #Grids

We are proud to present our latest position paper titled "Revenue Regulation for Distribution System Operators: A Crucial Enabler for the Energy Transition". This paper outlines seven key principles designed to support DSOs in driving Europe’s energy transition through substantial grid investments: 1.     Long-Term Predictability – Stability to attract investments 2.     Anticipatory Investments – Building today for tomorrow’s needs 3.     Sufficient Cash Flow – Fueling peak investment demands 4.     Competitive WACC – Ensuring fair returns on investments 5.     Balanced CAPEX and OPEX Incentives – Choosing the best solutions for efficiency 6.     Promote Efficient Operation – Enhancing customer satisfaction and grid management 7.     Incentivise Innovation – Pioneering new technologies for a smarter grid These principles are designed to equip DSOs to tackle the energy transition head-on, ensuring our electricity networks are reliable, efficient, and future-ready.   For the full position paper ➡ https://bit.ly/3V9GAtZ   GEODE - The voice of local energy distributors across Europe #RevenueRegulation #DSO #Investments #WACC  #CAPEX  #OPEX #EnergyTransition

Get ready to be inspired at GEODE Spring Seminar “Charting the Course for Strategic Grid Investments", happening in Brussels on June 3rd! 📅   We are thrilled to unveil the panellists and moderator for the second roundtable discussion of our Spring Seminar on “Optimising Tariff Design to Upgrade Grid Infrastructure: Lessons Learnt & Best Practices”: 🗣 Rafael Muruais Garcia, Acting Head of the Energy System Needs Department at the EU Agency for the Cooperation of Energy Regulators (ACER) 🗣 Josep Mª Salas, Member of the Board of the CNMC (Comisión Nacional de los Mercados y la Competencia) and BoR of the EU Agency for the Cooperation of Energy Regulators (ACER) 🗣 Frederic Marijsse, Energy Specialist at the Institut Luxembourgeois de Régulation and Vice-Chair of the Council of European Energy Regulators (CEER) Distribution Systems Working Group 🗣 Ina Lehto, Executive Senior Advisor at Energiateollisuus ry – Finnish Energy 🗣 Pilar Barrera Gonzalez, Expert Consultant for Asset Management and Regulation at Netz Burgenland 🗣 Carmen Gimeno de la Fuente, Secretary General of GEODE, who will moderate this session   Don't miss out on this incredible opportunity! Check out the agenda and save the date!🔗 https://bit.ly/4bVdvcy Should you be interested in attending but did not receive the registration form, please don't hesitate to get in touch with our GEODE team!   GEODE - The voice of local energy distributors across Europe #SpringSeminar #GridInvestments #Grids #DSOs #InfrastructureInvestment

This morning, we held #GEODE webinar titled “Navigating #Flexible #Connection #Agreements: A Temporary or Permanent Solution for #DSOs”!   Attendees gained valuable insights on the topic of flexible connection agreements, including: 📌 A presentation of the Council of European Energy Regulators (CEER) paper “Forms of Alternative Connection Agreements” 📌How they can support the deployment of renewables 📌Their role in the flexibility markets   📌 First-hand experiences from French, Norwegian, and Dutch DSOs   👏 Special thanks to our dynamic speakers for their enlightening presentations! Jaakko Kennilä from the Energiavirasto (Energy Authority), Catarina Augusto from SolarPower Europe, Alicia Carrasco from Entra Agregación y Flexibilidad , Juliette Chatel from Enedis, Lisbeth Vingås from Elvia, and Michiel Roks from Alliander   GEODE - The voice of local energy distributors across Europe #FlexibleConnections #DSOs #EnergyTransition #EnergyRegulation #Renewables