Congestion income helps with investments
Congestion income provides Fingrid with hundreds of millions of euros for developing the main grid.
Congestion income provides Fingrid with hundreds of millions of euros for developing the main grid.
Fingrid’s customer organisations are working to implement the requirements of the EU network code on electricity emergency and restoration. The 24-hour operability requirement and automatic under-frequency load shedding system must be implemented by December 2022.
The President of the Republic of Finland bestowed the title of Professor on Ritva Hirvonen, Fingrid’s Planning Manager, on 19 December 2019. The honorary title of Professor is awarded by the state in recognition of talented practitioners of the sciences and arts.
The Network Code for Emergency and Restoration (NC ER) specifies the common requirements for handling emergency, blackout and restoration states in the power system. NC ER harmonises the operation of power systems throughout the EU and with Third Countries.
As many as nine partners and stakeholders offered their views on ENTSO-E and its development during the first ten years. Peter Claes, Vice President, IFIEC, said that ENTSO-E is doing a fine job, but there’s still room for improvement.
Joachim Vanzetta, Chair of the Board for ENTSO-E, believes that the TSOs in ENTSO-E will continue to strive to find the right balance between the dimensions of the energy trilemma: sustainability, affordability and security of supply/system security.
The ENTSO-E 10 Years Conference, held in Helsinki, Finland, on 13th November 2019, takes a look at various issues affecting the European electricity transmission system operators (TSOs) now and in the future. ENTSO-E, the European Network of Transmission System Operators for Electricity, represents 43 TSOs from 36 countries across Europe.
The first decade of the ENTSO-E, founded ten years ago, has been full of changes. But the pace of the organisation will not slow down in the future, and one of the reasons for this is the energy transition. What is certain is that European cooperation will only become more important in the future.
Network planning requires national and international cooperation. A vital tool for this is Europe’s ten-year network development plan (TYNDP), which is drafted every two years by the European Network of Transmission System Operators for Electricity (ENTSO-E).
Fingrid and Svenska kraftnät’s joint project to build a third cross-border electricity connection has received a grant of EUR 4.3 million for the technical evaluation phase.
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.