Tag: Fingrid
TVO: Olkiluoto 3 will continue electricity production mainly at full capacity in February
Regular electricity production will start in March, i.e. almost 15 years later than the schedule proposed when construction began in 2005. “After the installation of the new impellers, electricity production will continue with a demo phase, during which the plant unit produces electricity for the grid mainly at full power,” it reads. press release from […]
The risk of a power outage is low, says Fingrid
Meteorologists do not expect cold in January.
Fingrid: The power supply should last beyond Christmas
The stock manager said that the cooking of the Christmas ham will be successful as usual.
HS: Finland’s electricity support measures receive quite a positive response from experts
Juha Beurling-PomoellThe general secretary of the Consumers’ Union told the newspaper that the government seems to have understood that it is really difficult for consumers to survive the energy crisis. “The crisis is now, not just around the corner,” he said. By offering both lump sum compensation and more flexible payment terms, the state should […]
The Finnish government retroactively covers 50–80% of household energy bills in November-December
Riku Huttunen and Tatu Pahkala, the officials of the Ministry of Economy and Labor stated to the newspaper that the one-time compensation should be paid to households through electricity bills in March. According to preliminary calculations made by the ministry, the amount of the compensation is a percentage – 50–80 percent – ​​of household electricity […]
YLE: Wealthy households use much more electricity than poor ones
VATT discovered the difference when comparing location-specific electricity consumption data obtained from Fingrid’s Datahub and background data from Statistics Finland’s households. Iivo VehviläinenA senior researcher at Aalto University stated to the public broadcasting company that the data supports the assumption that high-income households consume more electricity than low-income ones. However, the differences are surprisingly large. […]
Fingrid: No power cuts during Christmas – as long as Finland saves energy
Cold weather and lack of wind challenge Finland’s electricity suppliers, but consumers have managed to limit demand in order to save supply.
Fingrid: No immediate threat of power outage
Temperatures should drop to about -20 degrees before there is a possibility of power outages in areas of southern Finland, the energy operator said.
TVO: Olkiluoto 3 will not start regular electricity production until the beginning of February
“There are still uncertainties surrounding the timetable,” it reads press release from TVO. Therefore, it is uncertain whether around 14 percent of the domestic electricity production will be covered by the reactor unit during the winter electricity demand peaks that typically occur between January and February. The unit was due to start regular power generation […]
Fingrid supplies electrical grid equipment to Ukraine
Fingrid, the Finnish grid company, supplies equipment to repair damage to Ukraine’s electricity grid and power plants.
Fingrid warns that car heaters can cause power outages
Finland’s electricity grid is subject to load during peak times.
The decrease in electricity use continued in Finland in October by 8%.
“Winter is just coming, so it is important to double these figures or achieve an even greater decrease in electricity use in the coming winter months as well – especially during electricity usage peaks,” stated director Tuomas Rauhala. Fingrid’s electricity system operations. The annual decrease in electricity consumption was seven percent in September and three […]
Wednesday papers: Preparing for power outages, school lunches, dealing with the dark
According to information, the electricity network operator Fingrid is testing an application feature that gives consumers advance warning of power outages.
EU nation warned of potentially deadly energy disruption Bloomberg
The Finnish grid operator says power outages are necessary to avoid a large-scale disaster If Finland were to cancel its planned rotating blackouts in winter, it could lead to a large-scale national disruption, the country’s electricity grid operator has warned, according to Bloomberg. If the outages do not continue, the resulting uncontrolled blackouts would mean […]
Ukraine requests Fingrid’s help
Finland’s grid operator says that Ukraine has requested parts for the reconstruction of critical energy infrastructure damaged by recent drone strikes.
Fingrid: Mobile blackouts would be the very last option
In September, Finland managed to reduce its electricity use by seven percent compared to the same time last year, but savings will still be made this winter, according to the country’s grid company.
Fingrid will start two backup power generators
The backup plants were started because the new Olkiluoto 3 nuclear reactor produced less electricity than expected during the test run.
Electricity market forecast: The price will triple by winter, but will collapse next spring
Electricity price forecasts for the upcoming winter are starting to become more precise. Prices are at their peak in the last months of the year. By then, the average price for up to three months will rise to almost 50 cents per kilowatt hour. The most expensive price periods are likely to be much more […]
Stores are preparing to close their doors this winter
In Finland, shops may have to close alternately for a few hours to reduce energy consumption. Suomen Energia Fingrid, the majority-owned electricity transmission network operator and industrial advocacy group Suomen Energia Fingrid, told Yle that power outages lasting a few hours are possible in order to guarantee electricity distribution. As winter approaches, Finnish stores plan […]
The opposition member of parliament demands the government to declare "energy emergency"
Energy prices are expected to hit unprecedented levels this winter, sparking a fierce debate among politicians about what the government should do to help consumers. The vice-chairman of the opposition party spoke to the A-studio of Yle’s current affairs program on Wednesday Leena Meri said it’s time for the government to declare "energy emergency". "I […]
Electric "giveaway" in windy Finland; the price of gasoline is going down
The average price of electricity has dropped on Tuesday to only about 0.7 cents per kilowatt hour (kWh), says the Nord pool electricity exchange. On Tuesday, prices fell to their lowest point of less than 0.2 cents per kilowatt hour. On Monday, the average price of electricity on the stock exchange was around 16.2 cents/kWh. […]
There may be power outages of up to 2 hours in Finland this winter
Europe fears a historically difficult winter as the war in Ukraine disrupts its energy supply. As the continent weans itself from Russian fossil fuels, sourcing alternatives has proven difficult, meaning energy regulation and restrictions may be one possible solution. When Europe prepares for the cold with energy regulation, it is possible that Finland will have […]
The electricity companies agreed on plans for a third line between Finland and Estonia
The Finnish and Estonian electricity network operators Fingrid and Elering have signed a letter of intent to start planning the construction of a submarine cable connection between third countries, Fingrid said in a statement issued on Tuesday. After the completion of the EstLink 3 connection under the Gulf of Finland, the company estimates that there […]
In April, Finland paid more than EUR 500 million for Russian imports, according to preliminary data
Compared to the previous year, however, the value of imports rose by almost 3% as a result of exceptionally high energy prices. Finland imported oil products from Russia in April for EUR 61 million, which is a drop of almost EUR 90 million compared to March. The value of crude oil imports fell from EUR […]
Finland will replace Russian gas with the Baltic connection
The supply of natural gas from Russia to Finland ended on Saturday morning Olli Sipilä, CEO of the gas network company Gasgrid. Sipilä said that gas has instead started to flow to Finland from the Baltics and the transition has gone smoothly. "The Finnish system is currently in balance, commercially and physically. Of course, something […]
Gasum Finland is seeking arbitration in a payment dispute with Gazprom
“Gasum does not accept Gazprom Export’s request to switch to ruble payments and will therefore not make payments in rubles or in accordance with the proposed payment arrangement. In addition, the companies have a significant dispute over other claims made under the agreement, the company said press release on tuesday. Gazprom has asked Gasum to […]
Russia suspends electricity supply to Finland
Finland’s nationwide grid operator Fingrid Oyj also said in a statement issued on Friday that RAO Nordic Oy will suspend the import of electricity to Finland on Saturday at 1:00 local time. “According to RAO Nordic, direct or bilateral sales of electricity imported from Russia will be suspended for the time being due to problems […]
Russia stops supplying electricity to Finland
The suspension of power exports to the Nordic state comes after almost 10 days of non-payment The electricity supply from Russia to Finland was stopped on Saturday, RAO Nordic said in a statement and explained that it had not received any payment for electricity supplied to the country in May. “Unfortunately, we have to note […]
Russia cuts off electricity from Finland; the industry group sees a NATO link
The Russian state-owned company RAO Nordic cut off all electricity exports to Finland at the beginning of Saturday. Russian electricity is no longer coming to Finland, as the Finnish state-owned electricity company Fortum had already suspended the import of electricity to Imatra at the eastern border. The state grid company Fingrid had also restricted the […]
Finland abolishes nuclear power agreement with Russia
The work will be completed with immediate effect The Finnish group Fennovoima said on Monday that they had terminated their contract with the Russian state nuclear power giant Rosatom to build a nuclear power plant. The planned Hanhikivi-1 site was ordered by the Finnish-Russian consortium Fennovoima, where Finnish stakeholders own two thirds, and the rest […]
Finland restricts the import of Russian electricity to protect itself from disruption
The decision is based on an assessment of the risks posed by the current international situation. Reima PäivinenFingrid’s Executive Vice President, confirmed Helsingin Sanomat that the risks refer to possible Russian attempts to influence the NATO debate and the possible application process. Warnings about such companies have been heard from authorities, decision-makers and researchers alike. […]
Finland limits its electricity transmission capacity from Russia
Finland’s national grid operator Fingrid has announced that it will limit the transmission capacity of cross-border connections in Russia from Sunday, April 24. In its press release, the company said that it was working to secure the security of the Finnish energy system. "The decision is based on an assessment of the risks to the […]
Marin: Finland needs weeks or months instead of years to cut off energy relations with Russia
He added that the Ministry of Economy and Labor is one of a handful of ministries working to ensure that the transition is achieved quickly. Although the European Union has resorted to unprecedented sanctions to force Russia to end the war of aggression in Ukraine, the sanctions only targeted the country’s most important source of […]
