The new normal for the electricity market: more automation, more forecasting and more flexibility
Balancing market in the Nordic electricity system was overhauled in March. The balancing of production and consumption is now separately done for each bidding zone, whereas balancing was previously done for the Nordic synchronous area as a whole. There is an increased need for balancing in the Finnish electricity system, and price spikes have become more common.27.11.2025
Renewed targets guide sustainability work
Fingrid has revised its ESG metrics and targets strategically up to 2030. The actions required by the new targets are now being identified and scheduled throughout the organisation. This is complemented by cooperation with contractors and other partners.24.09.2025
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The new normal for the electricity market: more automation, more forecasting and more flexibility
Balancing market in the Nordic electricity system was overhauled in March. The balancing of production and consumption is now separately done for each bidding zone, whereas balancing was previously done for the Nordic synchronous area as a whole. There is an increased need for balancing in the Finnish electricity system, and price spikes have become more common.
Fingrid prepares for Finland’s success
Finland’s electricity consumption is expected to double over the next ten years. Fingrid’s main grid development plan shows how electricity transmission capacity will be increased to meet the needs of growing production and consumption.
The most important link of the decade
The Aurora Line is an electricity transmission link from Messaure in Swedish
Lapland to Muhos in North Ostrobothnia, Finland. It will increase north-south electricity transmission and improve security of supply. The Aurora Line will also
support Europe’s climate objectives by enabling the production of more renewable electricity and boosting the efficiency of the European electricity market.