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.
Finland will begin to renew the main grid’s 110 kilovolt transmission lines in North Karelia next year. The wooden towers are more than 50 years old and aging. They will be replaced with sturdy steel towers, which can also withstand heavy hoarfrost loads in the winter.
Balancing electricity production and consumption is one of Fingrid’s main tasks. Balancing is a continuous process that involves buying and selling electricity on reserve markets, and Fingrid’s own reserve power is only used in exceptional situations. Both consumers and producers can participate in reserve markets and thus influence balancing of the power system.
The Mäntsälä-based energy group Nivos has increased the size of its customer base and regional grid in recent years. The group is closely involved in developing infrastructure in the area. In addition to its core activities – electricity, heat and water distribution – the company provides a diverse range of energy and heating solutions and online services. The goals of sustainable development guide investments.
The Vaasa region is home to an international hub of energy technology industry with strong expertise in areas like decentralised energy production, energy distribution and operations solutions. The hub employs 11,000 people, and many of its more than 140 companies are international market leaders in their sectors. The combined turnover of the companies is over 4.4 billion euros, and export accounts for more than 80% of that figure. This is equivalent to nearly one-third of Finland’s total energy technology exports.