The need for reserves to ensure the continuous power balance of the electricity system will increase considerably in the coming years with the reform of the electricity system. At the same time, the costs of procuring reserves will increase at Fingrid. Fingrid procures reserves in as market-based a way as possible from several different sources in Finland and its adjacent neighbours, which contributes to ensuring the adequacy and cost level of reserves.
Fingrid Current assembled a top team of experts to discuss the hottest industry themes in April 2021. The main topic: the power system of the future. Gathering a record audience online, the event addressed electricity consumption, production and infrastructure, with Fingrid CEO Jukka Ruusunen as the host.
Fingrid collaborating with Belgian transmission system operator Elia: Testing digital monitoring control on the main grid
International collaboration between transmission system operators provides valuable experience with monitoring systems and boost the cost-efficiency of development work. The Finnish partners identified through innovation competitions have significantly expedited the development of the digital monitoring system at Fingrid.