Electricity market
Towards a clean power system
Jukka Ruusunen, Fingrid’s CEO, says that the government’s programme will enable Finland to become a pioneer in terms of its clean, cost-efficient power system.
12.8.2019
Jukka Ruusunen, Fingrid’s CEO, says that the government’s programme will enable Finland to become a pioneer in terms of its clean, cost-efficient power system.
Nordic energy market collaboration has yet another success story in the making. Since 2017 market imbalance settlement and invoicing in Finland, Sweden and Norway has been managed by one company: eSett. Jointly owned by the transmission system operators Fingrid (Finland), Svenska kraftnät (Sweden) and Statnett (Norway), eSett received a new addition to the team as Denmark’s Energinet became one of the owners of the company.
Fingrid is creating the platform for a clean power system. We asked an illustrator to show us what this means.
Stepping into the Electricity Market Future is Fingrid’s new website-based content package, which will serve stakeholders in the same way the Our Shared Journey publication did earlier. The new website will provide up to-date information about the electricity market transformation.
In 2016, the Ministry of Economic Affairs and Employment appointed a Smart grid working group made up of experts in energy markets. The group has now published its final report, which provides a vision for the smart grids of the future. The working group also presents concrete measures concerning how smart grids can promote the active participation of customers in the electricity market and thus contribute to maintaining security of supply.
The writer is a non-fiction author and inventor who does a lot of teaching and expert work in the energy industry. Janne Käpylehto has also worked with mathematical software at NASA. Janne likes to sail his floating sauna to Tallinn in the summer and make ice carousels in the winter.
The present government of Finland has set as its target 250,000 electric cars and chargeable hybrids by 2030. What does an increase in the number of electric cars mean for the electricity system and market, analyzes Mikko Heikkilä, expert in the Fingrid market function. PUBLISHED 21.11.2018
Swiss startup Tiko Energy Solutions is collecting households into a “power pool”, explained Samuel Enggist, Senior Business Development Manager when visiting Fingrid during the autumn. PUBLISHED 16.11.2018
Sometimes the best perspectives come from an entirely different industry. Recently, Fingrid has actively tested some of the different concepts for bringing competence together and creating innovation. For example, various innovation events and competitions create an inspiring atmosphere, which in the best cases leads to new creative, productive cooperation.
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.
Fingrid Oyj
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00620 Helsinki
Tel. 030 395 5267
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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.