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European electricity market reform
The reform aims to reduce consumers’ exposure to fossil fuel price spikes, to accelerate investments in renewable energy sources (RES), and flexibility resources, and to enhance prevention of market manipulation.
The reform aims to reduce consumers’ exposure to fossil fuel price spikes, to accelerate investments in renewable energy sources (RES), and flexibility resources, and to enhance prevention of market manipulation.
Networks are the backbone of the green transition. The backbone of Finland´s energy system should also be a matter of prime importance to the country.
A record number of investment and maintenance projects are underway in the main grid. Despite the large workload, electrical safety must be a priority at all times.
An efficient, reliable, market-based power system that incentivises investment in all sectors is in society’s interests.
In order to maintain system security, it is vital to incorporate new and existing forms of flexibility in electricity production, storage and consumption into the reserve markets.
When a cross-border interconnector is disrupted, Fingrid has several means to guarantee the previously made trades are delivered, as the interconnector is not capable of transmitting all the electricity traded on the electricity markets.
Stay sharp and think safely every day. Warning is caring!
A robust and reliable main grid creates opportunities to connect new electricity production facilities and green industries.
Fingrid is constantly making network plans for the future in Eastern Finland, but we can only proceed when we know what kind of transmission lines and substation locations are needed to connect new electricity production and consumption.
The whole economy is directly or indirectly dependent on nature.
Fingrid Oyj
Läkkisepäntie 21
00620 Helsinki
Tel. 030 395 5267
Fingrid.fi
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Fingrid is Finland’s transmission system operator. We secure reliable electricity cost effectively for our customers and society, and shape the clean, market-oriented power system of the future.