Archive
Green investments need a lot of electricity
In Finland, a huge number of green transition projects have been announced, which also require the development of the main grid. Six Fingrid customers talk about their latest projects in Finland.
Tackling a power shortfall in the era of renewable energy production
Traditional power plants have been increasingly replaced by wind and solar power, whose output varies according to weather conditions. This poses predictability challenges and new requirements to ensure the stability of the electricity grid.
A grid service fee reform is worthwhile
Fingrid is planning to implement grid service fee reforms to improve connectivity and incentivise the efficient use of the electricity network. These reforms would also strengthen the regional balance of electricity consumption, thereby easing congestion in the transmission grid.
Production and consumption as neighbours
Electricity production and consumption in Finland could double from today’s levels within a decade. The closer production and consumption facilities are located to each other, the less network reinforcement is needed to accommodate growth. This is why, for example, it would be beneficial to locate many data centres close to wind power production.
The reserve markets offer an opportunity to sell flexible electricity consumption and production, as well as energy storage, on the marketplace. By participating in the balancing of the power system, you help maintain system stability and receive compensation for the capacity offered and the regulation carried out.
The vision sets out the development of the grid
Fingrid’s new electricity system vision outlines four possible development paths up to 2040.
The boom years of the electricity market
Electricity market developments and new electricity market solutions, together with the construction of the main grid, will enable the acceleration of the green transition, the cost-efficient growth of the power system and the safeguarding of operational capacity.
Outages are also required due to the construction boom: Flexibility and dialogue are now necessary
Planned outages during grid construction impose restrictions on production and cause inconvenience to electricity producers. The situation will ease up when the main grid construction projects on the west coast are completed.
Meetings with landowners
Joonas Vaaramaa, Expert, Forestry Management, travels the length and breadth of Finland when managing the condition of the grid.
Attitude is key at heights
The right attitude is key when working at heights, says Esa Kärnä, Expert at safety company Kärnä Oy.