Early this year, Finland initiated discussion about the need to fix the electricity market, subsequently bringing about a broad-ranging exchange of ideas. The first concrete pilot project in the Nordic electricity exchange has also been launched.
The smart grid workgroup, established this autumn by the Ministry of Employment and the Economy, was tasked with increasing the flexibility of the electricity market and finding out how smart grids could be utilised in the future, especially in the consumer interface.
Greater use of underground cables has increased the amount of reactive power and thus main grid maintenance costs. This means that, starting at the beginning of next year, Fingrid will have to monitor consumption of reactive power on a connection-specific basis and charge for it if consumption exceeds specified limits. In the future, it may be sensible for electricity companies to invest in technology that compensates for reactive power in a suitable manner.
The operational planning office of four Nordic transmission system operators is currently launching its operations in Copenhagen. Closer cooperation will also improve the functioning of the Nordic market and TSOs.
When do we use reserve power, and when do we use peak load capacity? How often are they needed? Is sufficient reserve power always available? What is the purpose of a power balance forecast?
A working community is functional when different experts work together. Every single professional in the company helps move Fingrid towards a new way of operating.
Although storm winds, lightning, crown snow load, frost and freezing rain pose a threat to power lines, Fingrid is well prepared for problem situations caused by the weather.
Fingrid has determined that cabling is not the right solution for main grid electricity transmission.
The Demand Connection Code (DCC) has been published. Commission Regulation (EU) 2016/1388 establishing a Network Code on Demand Connection took effect on 7 September 2016. Fingrid has started implementation of the network code and will present the related execution plan in November 2016.
Fingrid’s largest investment ever – a 400 kilovolt transmission connection from Pori to Oulu – was completed in 2016. According to Fingrid’s Executive Vice President Kari Kuusela, the new Western Finland transmission connection meets the challenges of a new era.
Fingrid Oyj
Läkkisepäntie 21
00620 Helsinki
Tel. 030 395 5267
Fingrid.fi
Cookie declaration
Privacy policy
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.
