Electricity market

Electricity market

Preparation of network code requirements is well underway

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.

Electricity market

Responsibility is a way of working correctly

The orderly conduct of duties, security of supply, a sustainable operating culture, offering a transmission platform for clean energy generation:
this is Fingrid’s responsibility.

Electricity market

The Network Code for Emergency and Restoration

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.

Electricity market

Consumers benefit from a uniform price area

The transmission system is designed with the objective of maintaining a large transfer capacity so it is not necessary to limit power transmission. This ensures that there is a single price area in Finland.

Electricity market

Datahub go-live date to be postponed to 2022

The go-live date for Datahub, a centralised information exchange service for electricity trading, will be postponed from its original target of April 2021 to early 2022.

Electricity market

Open data – the key to innovation

New ideas and businesses are created when information arising from an organisation’s activities is made openly available for others. Fingrid’s open data service has been online for three years now, and it is used by parties such as researchers, application developers and the authorities.

Electricity market

Flexible markets promote the transition to cleaner energy

In the future, flexible resources, such as battery storage facilities and micronetworks, will play an important role in keeping the power system in balance as the advent of fluctuating renewable generation causes power generation to be spread across various parts and voltage levels on the network. Fingrid is closely involved in research and development projects to identify the best ways of realising the potential of flexible resources on the road towards cleaner energy.

Electricity market

Energy storage is becoming more advanced and diverse

Several electricity storage methods are under development, including electric batteries and synthetic fuels, which may provide some much-needed flexibility for the clean energy system of the future.

Electricity market

A shared vision will bring markets and operators into close convergence

The European Network of Transmission System Operators for Electricity (ENTSO-E) vision for 2030 has sparked debate of a revolution in the power system and the consequent opportunities and threats to the power system. The vision combines the simultaneous development of markets and operators and asks what should be done when the markets are harnessed for the good of the energy revolution.

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