Fingrid is responsible for the quality and reliability of electricity in the Finnish transmission grid. We maintain frequency stability, seek to minimise interference and voltage dips, and monitor surges and harmonics to ensure a stable power supply for critical industrial processes.
Electricity consumption in the Helsinki metropolitan area is growing rapidly, but local production has declined. Electricity now has to be brought in from further afield and transmitted to more and more
end-users in a densely built-up area. This is why substantial investments are now being made in the electricity network.
The new strategy is summed up in these words: “Electricity for growth. Reliably.”
Finland’s Act on the Redemption of Immoveable Property and Special Rights was amended at the beginning of August. Fingrid will now pay an additional 25 per cent for expropriation on top of the full compensation based on market value.
Many people were alarmed by the massive power outages in Spain and Portugal during the spring. Although Finland’s electricity system has differing operating procedures that protect us from similar disruptions, no system is ever one hundred per cent secure.
Transmission and distribution systems can sometimes suffer from a lack of grid connection capacity. To make things easier in the future, Fingrid has introduced a conditional connection agreement and will be improving the flow of information concerning connection plans.
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 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.
One of the largest substations in Finland is Jylkkä, which connects the numerous wind
farms in Ostrobothnia to the grid. The electricity produced by wind turbines uses
inverter technology, which requires a synchronous compensator plant.
Fingrid is planning to implement grid service fee reforms to improve connectivity and incentivise the efficient use of the electricity network. These reforms would also strengthen the regional balance of electricity consumption, thereby easing congestion in the transmission grid.
