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Electricity market

The Nordic balancing model program is progressing

The energy revolution and the transition to European markets require Nordic transmission system operators to make changes to their balance management and imbalance settlement processes. The joint Nordic balancing model program consists of several projects. The first of these – the single pricing model – will be completed this November.


Markets enable transformation

Twenty-five years of open electricity markets have gone by in a flash. The markets have expanded, and marketplaces and connections have improved, writes Fingrid’s Executive Vice President Asta Sihvonen-Punkka.