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
Tackling a power shortfall in the era of renewable energy production
Traditional power plants have been increasingly replaced by wind and solar power, whose output varies according to weather conditions. This poses predictability challenges and new requirements to ensure the stability of the electricity grid.16.09.2025
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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.