For a transmission system operator, the basis of operations is slightly different to what it is in many other companies. The aim of development work is not necessarily an increase in market share or the active launch of a product. Neither does the money invested in R&D activity always bring financial benefit in the same financial period. It is, however, also important to do sustained development work.
The days when electricity flowed in one direction from combustion plants to consumer outlets are over. We are now in the midst of a global energy revolution caused by decentralised technologies and digitalisation – and Finland should take advantage of it. PUBLISHED 24.11.2017
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.
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.