Europe's power grid regulatory 'network codes' stalled in Brussels, industry warns of blackout risks
By
Euractiv
Summary
Europe's electricity grid is governed by complex 'network codes' developed in the 2000s, but key regulatory updates are stalled in Brussels. The industry warns these outdated rules are urgently needed and could have mitigated the severity of last year's Iberian blackout. The European power grid, described as 'the world's largest machine', contributes over €32 billion annually to the EU economy, yet regulatory frameworks have not kept pace with technological and operational changes.
Source
bskyEurope's power grid regulatory 'network codes' stalled in Brussels, industry warns of blackout riskseuractiv.comKey quotes
· 3 pulledEurope's vast power grid, which has been likened to 'the world's largest machine', is estimated to boost the EU economy by more than €32 billion each year.
Key pieces of that regulatory 'software' are languishing in a drawer in Brussels – thousands of lines of 'network code' that the industry says are urgently needed.
The European electricity system is governed by a complex set of rulebooks covering everything from price formation to grid access.
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