The balance service fee charged to Fingrid’s balance responsible parties
has been rising. What is the balance service fee and why is it going up?
We asked Jani Piipponen, Manager of Balance Services at Fingrid.
Finland’s first industrial-scale production plant for green hydrogen and synthetic methane is under construction in Harjavalta. It is being built by P2X Solutions.
The disturbance in the electricity grid in Continental Europe last year showed how well pan-European collaboration can work.
Due to overload, Southeast Europe had too much energy, and Northwest Europe did not have enough. The situation was brought under control within half a minute and one hour later, the system was back to normal.
Thanks to the Nordic RCC, even more electricity will be transmitted between the Nordic countries without compromising on safety.
The power system vision will be completed in the autumn. The network vision’s scenarios for the future foresee dramatic changes in the current power system and clarifies the energy sector’s overall status in the energy revolution.
Our questions about European electricity market integration were answered by Laurent Schmitt, Secretary-General of ENTSO-E.
Everyone is talking about the electricity market transformation, but how will renewal affect the consumer? Päivi Suur-Uski is an energy efficiency expert from Motiva, and she answered our questions. Motiva Oy is a Finnish state-owned company that provides expert services to promote resource efficiency.
Christian Zinglersen is the new Director of the European Union Agency for the Cooperation of Energy Regulators (ACER). Taking office in January 2020, Zinglersen is motivated by the impact ACER makes in people’s lives.
Henna Virkkunen, a member of the European Parliament, believes that a diverse, market-based energy system is the most effective operating model for Europe’s sustainable growth economy. Investment subsidies for new energy sources are justified in the early phases of production, but over the long term, societally-funded energy needs to establish a competitive position in the market through demand.
The centralised information exchange system for the electricity retail market, known as Datahub, will go live on 21 February 2022. On the same date, Fingrid Datahub Oy’s operational customer service team will start working.
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.
