Netorka is a central metering- and settlement company for the Icelandic regulated electrical energy market or a Data Hub. Netorka is a service provider owned by the energy companies and acts on behalf of the Network owners and carries out the following duties:
  • Stores all metering data in Iceland in a centralized database
  • Calculates the profile and fractions for all network areas and sends to TSO, balance responsibles and suppliers 
  • Creates energy forecasts for balance responsibles
  • Acts as a central hub for all supplier change in Iceland and collects all the supplier change requests and processes them
  • Collects remotely meter readings
  • Creates various reports for actors on the market
  • Consults actors on the market