Single-family houses form a significant share of our country’s energy economy. During this time of energy transformation , we often speak of electricity shortages and overproduction. Residents in single-family houses play a key role on the renewable modernising electrical energy markets in the aim to intelligently balance electricity consumption.
For a transmission system operator, the basis of operations is slightly different to what it is in many other companies. The aim of development work is not necessarily an increase in market share or the active launch of a product. Neither does the money invested in R&D activity always bring financial benefit in the same financial period. It is, however, also important to do sustained development work.
The usability of Fingrid’s open data service has been developed on the basis of user feedback. The service now allows users to upload Excel files and several datasets to the same file at one time. The content descriptions for the datasets have also been improved.
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.
For Planning Manager Ritva Hirvonen, work has been both a lifestyle and a hobby. She retired in the summer, but continues to work at Fingrid as an hourly employee.
A flexibility platform will be piloted in Finland, Estonia and Latvia as part of the broad Horizon 2020 EU programme.
Fingrid selected a system supplier for Datahub during the summer. The schedule for the project was clarified at the same time. According to the updated schedule, Datahub will be implemented in April 2021.
EU-wide network codes have been drawn up to promote cross-border exchanges in electricity. The network codes are divided into three areas: grid connection, system operation and market codes. The EU network codes are now complete. The network codes, which have entered into force, are outlined in this article.
The increase in renewable energy and the connection of wind and solar power to the grid have raised discussion about the concept of inertia. Fingrid’s Senior Expert Minna Laasonen explains what’s going on.
The renewal of the electricity market represents an opportunity for market actors and consumers. However, the transition phase will create pressure to change and uncertainty for both groups as the discussion shifts to bidirectional power system products, energy community regulations and energy storage.
