Main grid
Cut P1 splits Finland into two
Cut P1 splits Finland into two areas: the north, with its focus on hydro and wind power, and the south, where nuclear and thermal power are predominant.
11.9.2017
Cut P1 splits Finland into two areas: the north, with its focus on hydro and wind power, and the south, where nuclear and thermal power are predominant.
Fingrid and the transmission system operators (TSO) in Sweden and Norway switched to joint imbalance settlement in the spring. The centralised model improves electricity market efficiency marks a step towards a joint-Nordic end user electricity market.
The guideline on electricity balancing was approved in a vote by EU member states in March 2017. The harmonised requirements are expected to entry into force by the end of the year. The guideline promotes the cross-border trade of reserves needed by TSOs, in particular balancing energy, and harmonises procedures concerning imbalance settlements.
The electricity market has undergone a complete transformation in Europe, the Nordic countries and Finland over the past 20 years. A lot more will change in the near future as well.
The launch of a cross-border, intraday market model is an important step forward, but the European electricity market needs more changes, believes Tomasz Sikorski, Vice President and COO of PSE, which is the Polish Transmission System Operator.
Introduction of European Cross-Border Intra-Day Market (XBID) solution will be an important step forward – but integrated European electricity market needs more improvements, believes Tomasz Sikorski from PSE.
“Last November, the European Commission announced a bunch of legislative proposals concerning the Energy Union. Since then, the proposals, called the Winter Package, have received a new name,” writes Asta Sihvonen-Punkka, Fingrid’s Senior Vice President, Markets, in her blog posting. PUBLISHED 5.4.2017
The Directorate-General for Energy develops and implements the European energy policy under the guidance of the European Commission. Director of The Internal Energy Market, Klaus-Dieter Borchardt, explains the latest developments in energy market integration.
Fingrid will be the first European transmission grid operator to make its real-time data storages available to partners. The open data collected by Fingrid can be utilised to provide companies, consumers and electricity market actors with new services and financial benefits as it becomes possible to monitor things like energy consumption with more accuracy.
“Fingrid collects customer feedback via several channels. A good meter and trend indicator is the customer feedback survey conducted every year; respondents comprise around 200 customers. Continuous feedback recorded in the customer information system is collected from routine customer encounters,” says Jussi Jyrinsalo, Fingrid’s Senior Vice President responsible for customer relationships.
Fingrid Oyj
Läkkisepäntie 21
00620 Helsinki
Tel. 030 395 5267
Fingrid.fi
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Fingrid is Finland’s transmission system operator. We secure reliable electricity cost effectively for our customers and society, and shape the clean, market-oriented power system of the future.