The Finnish authorities are forecasting and making preparation for the risks related to weather and climate conditions due to climate change. Fingrid is working closely with the authorities to ensure that electricity transmission continues uninterrupted, even in the event of extreme weather.
Upright Oy is a company led by Annu Nieminen that is developing a calculation model to measure and compare the total impacts of companies’ operations. The goal is to encourage companies to optimise their net impacts. Last year Upright and Fingrid performed a practice calculation that examined the total impacts of Fingrid’s operations.
Climate change, globalisation, urbanisation, digitalisation – megatrends are wide-ranging, global development directions that shape people’s lives, company activities, and societal structures. We asked different experts to tell us how megatrends can be seen in their work and how they affect the energy industry – and what may change forever in our world?
International assessments show that Fingrid has world-class main grid asset management. Properly timed and properly dimensioned investments keep the main grid in excellent operating condition. Investments of approximately 100–150 million euros are made each year.
Fingrid has had several transmission line worksites in progress this year. The next five projects – covering 600 kilometres of new transmission lines – are already in the final phase of planning. This is a sign of the need to renew and develop the main grid for future needs.
The Finnish main grid is a business accelerator; it helps to build new export assets for the future around clean electricity and open data. Finland has a rare situation on its hands: We are a pioneer in a technology for which there is an acute, global demand.