More accurate device and load-specific consumption profiles and different types of open data will make it possible to optimise dimensioning of the existing energy system in the most economically feasible manner. The starting points for utilising open data in the energy market are very attractive, as nearly all customers have electricity meters that can be read in real time.
The smart grid workgroup, established this autumn by the Ministry of Employment and the Economy, was tasked with increasing the flexibility of the electricity market and finding out how smart grids could be utilised in the future, especially in the consumer interface.
The Demand Connection Code (DCC) has been published. Commission Regulation (EU) 2016/1388 establishing a Network Code on Demand Connection took effect on 7 September 2016. Fingrid has started implementation of the network code and will present the related execution plan in November 2016.
A sharp increase in the use of renewable energy, wind power and solar power presents many challenges to Central Europe’s large electricity system. Issues such as real time balancing production and consumption and, in particular, unexpected changes in transmission flows have caused a lot of headaches for our colleagues in terms of maintaining security of supply. Fortunately, they’ve been able to avoid extensive electricity blackouts since 2006.
Fingrid and Teollisuuden Voima (TVO) have begun preparations to connect Olkiluoto 3 to the main grid. The connection will require special arrangements because, once completed, Olkiluoto 3 will be considerably larger than earlier electricity production units.
Early this year, Finland initiated discussion about the need to fix the electricity market, subsequently bringing about a broad-ranging exchange of ideas. The first concrete pilot project in the Nordic electricity exchange has also been launched.