The share of electricity generated from sources that vary according to the weather is on the rise in Finland. At the same time, it is becoming increasingly challenging to maintain the balance between electricity generation and consumption in the power system. At the moment, it is important to ensure that nobody with flexible electricity generation capacity faces any financial barriers that would prevent them from participating in balancing the system.
EPV Energy is one of the trailblazers in industrial-scale wind power generation in Finland: in 2019, approximately 17.4 per cent of EPV’s energy was generated from wind power. EPV Windpower Ltd has wind farms in Teuva, Vaasa, Ilmajoki and Kristinestad.
The principle behind Fingrid’s activities is to be a responsible, cost-efficient transmission system operator that works towards long-term objectives. The continuous improvement in productivity is reflected in the moderate pricing of services.
Solutions that turn electricity into a product – known as Power-to-X solutions – support emission-free, renewable electricity generation and introduce flexibility to electricity consumption. Electricity can also be used to produce carbon neutral or even carbon negative products that can be transported and stored. Fingrid is making preparations for a significant increase in electricity consumption in the coming decades.