Berit Tennbakk joined THEMA Consulting Group as Partner in 2010. She is an expert in welfare economic analysis, general energy market analysis, and a specialist in power market analysis. Recent assignments include analyses of capacity mechanisms, security of supply and capacity adequacy, energy efficiency, and the EU emissions trading scheme (ETS). She has more than 20 years’ experience with energy market analysis from Econ Pöyry and ECON Analysis, Statoil and SNF (Center for Applied Research at the Norwegian Business School). Her career started towards the end of the 1980ies when she participated in the project that laid the foundation for the deregulation of the Norwegian power market in 1991. Berit has carried out and led a vast array of projects for authorities, interest organization, energy companies and system operators in the Nordic countries and Europe, and had a number of management positions in her career. Her areas of expertise include welfare economic analysis of policies and policy measures, including climate policies and support schemes for renewable energy and energy efficiency; design of policy measures, markets and regulation; scenario analysis and market analysis of power markets, certificate markets and quota markets; analysis of coal and gas markets.
Berit holds a Ph.D. in economics from the University of Bergen. Her dissertation was based on game theory and industrial organization.
The Energy Performance in Buildings Directive (EPBD) requires new buildings to be nearly zero-energy from 2020. Energy supply should be based on renewable, preferably local energy. Does that mean that all buildings must have on-site energy supply?
Subsidies to renewable electricity should reduce costs and make new technologies competitive in the market. Now many argue that wind and PV generation is mature. Does that mean that it is time to phase out wind and solar subsidies?
National capacity mechanisms could undermine the efficiency of the internal electricity market. How can design of a common framework facilitate efficient x-border participation? The report is part of the impact assessment for the winter package.
The Elcertificate scheme counteracts the effects of falling electricity prices for investors in renewable electricity. For heat production from bioenergy, however, the Elcertificate system has the unintended effect of weakening its competitiveness towards renewable electricity.
Substantial investments are planned to take place in local grids over the next decade. Increased local flexibility offered by generators and the demand side may reduce investments. The question is if and how local flexibility may be stimulated by a market solution.
Implementation of the Energy Union strategy is one of the main political priorities of the EU Commission. Specifically, the Commission aims at submitting a package of new legislative measures by the end of 2016. THEMA is currently leading one of the projects to support the impact assessment of this market design initiative.
Estimates of the “cost of energy not supplied» (CENS) when electricity supply is interrupted, is an important element in the regulation of electricity grid companies in Norway. In this report, we assess the representativity of current and proposed cost functions and correction factors for households, and alternative methods for valuation of CENS.
From Montel 09.12.15: The Nordic power market should avoid introducing financial transmission rights to hedge against internal price differences because they would undermine market liquidity of forward contracts linked to the system price, according to consultancy groups Thema and Hagman.
European legislation to counter risks in the financial sector is spilling over to energy derivative trading.
The increase in intermittent renewable power generation and reduced profitability of conventional power generation creates mounting concern about the capacity adequacy in electricity markets. Although the Nordic electricity market is widely regarded as well-functioning and highly integrated, a new report by THEMA shows that a number of amendments in market and regulatory design could further […]