Electricity market
The reserve market is a network of many technologies
As much electricity must be produced as is consumed at any given moment. It is a simple equation, but the solution is complex.
27.3.2024
As much electricity must be produced as is consumed at any given moment. It is a simple equation, but the solution is complex.
The rapidly expanding charging network for electric vehicles can be harnessed as a disturbance reserve to support the power system.
Fingrid requests tenders for grid construction projects and some of its goods deliveries internationally.
Competitive tendering is based on supplier registers that contractors can join if they meet the qualitative
and quantitative requirements.
The partnership between Finland’s Fingrid, Sweden’s Svenska kraftnät and Estonia’s Elering is wide-ranging. The goal is a unified electricity system that uses as little carbon as possible and allows all these countries to get electricity at the market price.
The green transition in the power system will herald a new era of clean industry in Finland, and the presence of major industrial electricity consumers in the country ensures a positive return on renewable energy investments.
Fingrid works closely with several entities in the energy sector, especially now that the power system is transitioning towards clean energy.
The voluntary power system support procedure covers flexible capacity equivalent to one nuclear power unit.
Major commerce enterprises focus on energy efficiency, wind and solar power. Significant electricity savings have been made in the unusual winter of 2022–2023.
Stora Enso’s Sunila mill refines lignin, a natural substance, into a carbon
material known as Lignode. This new material is a sustainable substitute for synthetic and natural graphite, which are used as anodes in batteries.
Espoo will soon be the site of a giant leap towards carbon neutrality.
Several parties are working together to put the green transition into action by harnessing the waste heat from a data centre to heat buildings.
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.