electricity markets

Partners

Demand-side management for specific buildings

A startup named Kapacity.io is conducting an EU project in collaboration with Fingrid. Kapacity’s customers are buildings that use heat pumps, and Kapacity offers them the chance of saving money on their electricity bills.

Viewpoint

System security and the market go hand in hand

Although some time has passed since the market was opened up, many transmission system operators still lack clarity as to their role in the electricity market. Fingrid endeavours to provide 100 per cent of its transmission capacity to the market.

Electricity market

The same tools for different goals?

The Nordic electricity market demands a new form of collaboration and foresight in order to overcome the challenges of tomorrow, says Fortum’s Simon-Erik Ollus.

Main grid

The Main Grid Control Centre ensures the availability of electricity around the clock

Fingrid’s Main Grid Control Centre in Helsinki works all hours of the day to ensure that every village, town and city in Finland has enough electricity. The control centre handles routine tasks, as well as unplanned tasks when a swift reaction is needed to prevent disturbances in the availability of electricity. Some disturbances also affect the intra-day electricity price.

Viewpoint

…And a call comes in from the main grid control centre…

It is a Monday morning, and a call comes in from the main grid control centre. Over the weekend, the Swedish transmission system operator Svenska kraftnät (Svk) began limiting the transmission of electricity from Finland to Central Sweden. I recalled a moment last summer when Svk was forced to limit the transmission of electricity from Norway, leading to confusion in the electricity markets – surely history will not repeat itself on the border between Finland and Sweden…?

Electricity market

Closer Nordic collaboration

Nordic RSC, the joint Regional Security Coordinator office of the Nordic transmission system operators, offers transmission system operators regional analysis in support of operational planning and implements a new method for calculating capacity based on transmission.

Viewpoint

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.

Electricity market

Comments on electricity markets and the Nordic Balancing Model: Work to be done; efficiency cannot be compromised

We asked four electricity market specialists how they see electricity markets developing and the Nordic Balancing Model progressing as representatives of their organisations. The responses reveal concerns over the continued transparency of electricity markets and the costs of the Nordic balancing model. There is work still to be done, as the 15-minute imbalance settlement period will require a substantial change to electricity metering.

Viewpoint

A year full of surprises in the electricity market

In the electricity market, 2020 has been a historically unique year. In this column, three specialists from Power-Deriva – Mika Laakkonen, Ville Venäläinen and Antti Martikainen – describe how 2020 has been a unique year for the electricity market from their perspectives.

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