Main grid
The electricity market needs fixing
The change currently underway in the electricity system requires a new kind of energy policy and stronger markets, Fingrid said when addressing the topic this spring.
14.9.2016
The change currently underway in the electricity system requires a new kind of energy policy and stronger markets, Fingrid said when addressing the topic this spring.
The chair of the Green League Ville Niinistö believes that Fingrid is on the wrong track if it ”resists small, renewable energy subsidies”.
The keynote speaker at Fingrid’s 20th anniversary celebration was Marjo Miettinen, owner and member of the board of EM Group. She provides her views on the importance of Fingrid and the future of the electricity market.
According to Fortum Oyj’s President and CEO Pekka Lundmark, energy policy needs to have a balance between climate targets and electricity market efficiency and security of supply. Finland could be an active supporter and developer of a joint energy policy in the Nordic countries.
Suomen Kantaverkko Oy, now known as Fingrid Oyj, was founded on 29 November 1996.
In early June, Fingrid provided its customers with a new extranet service for quality information, thus giving the company’s customers an even more detailed and descriptive picture of electricity quality at their connection points. This makes it easier to monitor the state of the electricity grid and further improve the security of electricity supply.
The Metsä Group bioproduct mill scheduled for completion next year in Äänekoski will produce more than twice the electricity it needs. In order to guarantee system security and adequate transmission capacity, Fingrid is expanding the Koivisto substation located near the mill area and building a new transmission line from Koivisto to the Vihtavuori substation in Laukaa. Metsä Group is also commissioning another transmission line from Äänekoski to the Koivisto station.
The System Operation Guideline was approved by the EU member states in a vote on May 2016, and most of the joint requirements will take effect in 2017.
The EIA procedure of a transmission line project investigates the project’s impact on people and nature in the area. Residents are asked to provide feedback on transmission line routes, and the terrain is inspected from several points of view.
“We genuinely want to take people and the environment into account and to do things well and in a cooperative spirit. We are constantly improving the flexibility of our EIA process,” says Fingrid’s Land Use Manager, Ilkka Alm.