ACM decision will help towards sustainable electricity, increased security of supply, and lower prices
The Netherlands Authority for Consumers and Markets (ACM) has released a draft decision on further integration of the European electricity market, and making it more sustainable. With this decision, the rules for electricity producers in the Netherlands and in the rest of Europe will converge even further. As a result, it will become easier for these producers to build wind farms and solar farms anywhere in Europe.
The decision is the result of European arrangements about connecting electricity producers to the grid, which have been laid down in the regulation called ‘Requirements for Generators’. With these arrangements, electricity producers are able to play a significant role in voltage stability and frequency stability on the grid.
Increased security of supply for businesses and consumers
The supply of energy fluctuates more and more as more solar power and wind power becomes available. The proposed rules will improve system stability and security. This, in turn, will help maintain security of supply for businesses and consumers.
A single European electricity market will lead to lower prices
New European rules and the national implementation thereof also promote electricity trade within Europe. The long-term objective is turning the entire European continent into a single electricity market. And that will lead to lower prices.
ACM promotes opportunities and options
ACM promotes opportunities and options for businesses and consumers. As independent regulator, ACM is committed to making the economy function well. ACM makes sure that energy rates continue to be reasonable, and that security of supply is guaranteed.