Electricity market

Electricity market

ENTSO-E celebrates 10th Anniversary, eyes Future

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.

Electricity market

ENTSO-E: European cooperation will become more important

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.

Electricity market

Lower emissions, more electricity!

How will Finland become carbon-neutral by 2035 in line with the government’s target? Can electricity and heat generation operations set their sights on being emissions-free by the end of the 2030s? Janne Peljo, Project Director at Sitra considers how realistic these targets are and which technology solutions will be required to reach them without jeopardising the reliability of the power system.

Electricity market

Climate change calls for preparations

The Finnish authorities are forecasting and making preparation for the risks related to weather and climate conditions due to climate change. Fingrid is working closely with the authorities to ensure that electricity transmission continues uninterrupted, even in the event of extreme weather.

Electricity market

My Fingrid: for all data

My Fingrid, an electronic service portal, was made easier to use with the help of five pilot customers. How did the pilot go, Key Account Manager Lassi Vuokko from Caruna Oy?

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.

Electricity market

eSett off to a great start

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.

Electricity market

Reserve power – essential but rarely used

Finland has 1,300 megawatts of reserve power for use in the event of a disruption in electricity generation. Fingrid is responsible for ensuring the operational reliability of reserve power at all ten of its own plants and at seven leased plants. Reserve power is constantly on standby, although there are only a handful of disruptions each year, and the full power output is very rarely needed.

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