The fascination of developing something new

The energy transition requires new kinds of solutions, which Suvi Peltoketo is developing in her work.
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“I work at Fingrid as an Expert, and I develop electricity market concepts in the Market Data and Innovations unit. My work includes project management, stakeholder work, drafting market rules and terms and conditions for flexibility service providers, and defining the technical implementation.

Recent themes in my work have included independent aggregation, flexibility markets and congestion management tools. An independent aggregator operates outside the balancing chain and combines flexible resources, such as electric vehicle chargers, into a larger package to be offered to the electricity market.

The model was considered by a working group commissioned by the Ministry of Economic Affairs and Employment, of which I was chairman. The working group published its final report in February.

In parallel, an independent aggregation model for automatic frequency restoration reserve (aFRR) was developed. In the congestion management market development project, the transmission and distribution system operator will test a joint congestion management market, which is completely new in Finland.

The project uses the NODES AS trading platform. Flexibility service providers make offers to the marketplace to increase or decrease consumption or production. The system operator buys bids from the marketplace in suitable locations to solve network bottlenecks. The marketplace opened in April, and new flexibility service providers are now being invited to join.

What is fascinating about my job is developing something new and turning a new concept into a practical solution.”

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