Tag

electricity markets

27.11.2018

Smart grid working group compiled guidelines for renewing the energy industry

In 2016, the Ministry of Economic Affairs and Employment appointed a Smart grid working group made up of experts in energy markets. The group has now published its final report, which provides a vision for the smart grids of the future. The working group also presents concrete measures concerning how smart grids can promote the active participation of customers in the electricity market and thus contribute to maintaining security of supply.

17.9.2018

A well-functioning electricity market is the sum of many factors

The energy transformation is increasingly visible in our daily lives. Electricity is being produced in a more decentralised manner in smaller units. Research and development play an important role in terms of implementing this  major change in the power system in a controlled manner, writes Senior Vice President Asta Sihvonen-Punkka. PUBLISHED 17.9.2018.

11.9.2018

Reserve markets safeguard  electricity supply

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.

11.9.2018

An international career came as a positive surprise

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.

11.9.2018

A flexibility market platform is being developed in an EU project

A flexibility platform will be piloted in Finland, Estonia and Latvia as part of the broad Horizon 2020 EU programme.

10.9.2018

Sello Shopping Mall targets the reserve market

Espoo-based Sello Shopping Mall is the first major property complex to target the reserve market offered by Fingrid. This would involve Sello in balancing electricity consumption.

3.4.2018

Towards new electricity market operating models Cleaner, more innovative, more individual

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.

3.4.2018

Alert in the energy market transformation

Fingrid’s strategic projects strengthen the company’s target of remaining agile during the energy market transformation and safeguarding power system functionality in a reliable way. The company’s fast, new investments over a 5–10 year time window are aimed at proactively addressing the challenges of the global clean-up project

3.4.2018

Datahub – centralised data creates new opportunities

In a few years, the electricity accounting points and related information for all Finns will be available in a single register.