Landowners to receive higher compensation for expropriation
Finland’s Act on the Redemption of Immoveable Property and Special Rights was amended at the beginning of August. Fingrid will now pay an additional 25 per cent for expropriation on top of the full compensation based on market value.04.12.2025
New provisions for grid connections
Transmission and distribution systems can sometimes suffer from a lack of grid connection capacity. To make things easier in the future, Fingrid has introduced a conditional connection agreement and will be improving the flow of information concerning connection plans.01.12.2025
The new normal for the electricity market: more automation, more forecasting and more flexibility
Balancing market in the Nordic electricity system was overhauled in March. The balancing of production and consumption is now separately done for each bidding zone, whereas balancing was previously done for the Nordic synchronous area as a whole. There is an increased need for balancing in the Finnish electricity system, and price spikes have become more common.27.11.2025
Viewpoint
Fingrid is building the electricity grid to meet the needs of a changing electricity system faster and more efficiently, but also responsibly.
The European Network Codes and Guidelines entered into force about ten years ago. As markets and power system needs have evolved since then, the time has come for updating them.
Program Manager Antti Raininko tackles the key challenges of the energy transition.
Regional cooperation should be put in the centre, as a stepping stone for a European approach, to build common understanding of bottlenecks and to agree on prioritisation of projects and solutions, as well as to ensure effective follow-up of project implementation.
The average time required to obtain an expropriation permit is currently between one-and-a-half and two years, when it used to be only six months.
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The European Network Codes and Guidelines entered into force about ten years ago. As markets and power system needs have evolved since then, the time has come for updating them.