How is Fingrid’s business financed?
Fingrid aims to allocate the costs of building, maintaining and operating the main grid as fairly as possible among its customers, says Jussi Jyrinsalo, Senior Vice President, Customers and Gripd Planning. Find answers to eight questions about how Fingrid’s operations are financed.30.09.2026
Sand battery and smart batteries to support the electricity grid
The addition of the world’s largest sand battery to the Vääksy district heating network and Enico’s domestic battery solutions show that the reserve market now includes more than just large industrial loads. It is about smart trading and technological leadership.30.03.2026
AI is already an important everyday assistant in the energy sector
With artificial intelligence (AI) taking over routine tasks, people can focus on work that requires expertise. At Fingrid, AI makes work smoother and supports the operation of the power system. At Helen Group, an energy group, it is already an integral part of everyday business.31.03.2026
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How is Fingrid’s business financed?
Fingrid aims to allocate the costs of building, maintaining and operating the main grid as fairly as possible among its customers, says Jussi Jyrinsalo, Senior Vice President, Customers and Gripd Planning. Find answers to eight questions about how Fingrid’s operations are financed.
More for the same money
Less grid can bring more wellbeing when production and consumption are located close to each other.
Why is the transmission grid not extended to the sea in Finland?
Fingrid treats all connection applicants equally. In accordance with the Electricity Market Act, a connection line serving a single customer is the responsibility of the connecting party and is therefore not part of the transmission grid. Extending the transmission grid to the sea would, in practice, constitute a subsidy at a single generation technology.