The renewal of the electricity market represents an opportunity for market actors and consumers. However, the transition phase will create pressure to change and uncertainty for both groups as the discussion shifts to bidirectional power system products, energy community regulations and energy storage.
Fingrid’s strategic projects strengthen the company’s target of remaining agile during the energy market transformation and safeguarding power system functionality in a reliable way. The company’s fast, new investments over a 5–10 year time window are aimed at proactively addressing the challenges of the global clean-up project
The entire electricity system is undergoing an unprecedented change. Fingrid’s aim is to have effectively functioning electricity markets in the Baltic Sea region that ensure reliability of supply in all conditions. However, the “clean electricity system of the future” will require strong transmission connections in order to operate optimally.
JYVSECTEC, operating at the JAMK University of Applied Sciences in Jyväskylä, has developed a realistic training environment where industry operators can train to prevent cyber attacks. Fingrid and Elenia piloted the training environment in the beginning of the year.
Maintenance is constantly becoming more proactive – and more digital. For Fingrid, it has always been vitally important to handle any servicing in a way that minimises the resulting disruptions. Digitalisation helps to keep costs low and outage times short – and eliminate them entirely in the best case.