Archive
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.
Fingrid prepares for Finland’s success
Finland’s electricity consumption is expected to double over the next ten years. Fingrid’s main grid development plan shows how electricity transmission capacity will be increased to meet the needs of growing production and consumption.
The most important link of the decade
The Aurora Line is an electricity transmission link from Messaure in Swedish Lapland to Muhos in North Ostrobothnia, Finland. It will increase north-south electricity transmission and improve security of supply. The Aurora Line will also support Europe’s climate objectives by enabling the production of more renewable electricity and boosting the efficiency of the European electricity market.
Could we accelerate grid construction?
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.
Green transition increases the number of substations
One of the largest substations in Finland is Jylkkä, which connects the numerous wind farms in Ostrobothnia to the grid. The electricity produced by wind turbines uses inverter technology, which requires a synchronous compensator plant.
The fascination of developing something new
The energy transition requires new kinds of solutions, which Suvi Peltoketo is developing in her work.
Renewed targets guide sustainability work
Fingrid has revised its ESG metrics and targets strategically up to 2030. The actions required by the new targets are now being identified and scheduled throughout the organisation. This is complemented by cooperation with contractors and other partners.
On board with a messenger
Fingrid works closely with other Nordic countries and at the EU level on electricity network issues. Viljami Yli-Hemminki, who is responsible for international affairs, took us on a trip to the Nordic Forum in Oslo to see what the work entails in practice.
Why can’t solar panels be installed under transmission lines?
Transmission lines are so wide that there is sometimes interest in installing solar panels along them. However, this is not allowed for safety reasons, says Fingrid Expert Max Isaksson.
Green investments need a lot of electricity
In Finland, a huge number of green transition projects have been announced, which also require the development of the main grid. Six Fingrid customers talk about their latest projects in Finland.