Grid – Platform for the Energy Transition. Wind Power. Jukka Ruusunen.

1. Grid – Platform for
the Energy
Transition
Jukka Ruusunen
President and CEO, Fingrid Oyj
@RuusunenJukka
Wind Finland 2019, Suomen Luontokeskus Haltia,
October 10th, 2019

2. October 10th, 2019Jukka Ruusunen

3. t:
generation(t)
=
demand(t)
October 10th, 2019Jukka Ruusunen

4. Platform = "hardware" and "software"
October 10th, 2019Jukka Ruusunen
Grid
• Physical access to the market
• Enables larger market areas =
efficiency, competition
BUT: Can be a bottleneck!
Market
• Balancing supply and demand
• Efficient use of transmission capacity
• Investment signals and innovations
Day-ahead
Intraday
Balancing, reserves

5. ... and decentralizedLarger markets...
The same
invisible hand!
October 10th, 2019Jukka Ruusunen

6. The same market runs flexibility at "system level"!
October 10th, 2019Jukka Ruusunen

7. Increasing wind power in the Nordic countries
challenges the grid - and cleans the energy system!
October 10th, 2019Jukka Ruusunen

8. Nordic Grid
Development Plan 2019
• National investments + "Nordic
challenges"
• Cross-border connections from
Finland:
• Replacement of FennoSkan1: profitable
in 2030's
• Norway-Finland: no justification for big
capacity increases
• For all cross-border projects: difficult
to find a model for cost distribution
October 10th, 2019Jukka Ruusunen
Import capacity to Finland more
than 5500 MW after 2025
Nordic – Continental Europe from
4000 MW to 11000 MW by 2025

9. Grid services
Reliable and affordable electricity transmission
We secure reliable transmission capable of meeting
the needs of electricity companies and energy
intensive industry.
Electricity market services
The most market favourable transmission
company
We offer all market participants a "unified bidding
area Finland" and the benefits of open European
electricity markets.
Fingrid's "customer offer"
We develop our services in close cooperation with our customers and take into account their different needs. Our
tariffs are among the lowest in Europe.
October 10th, 2019Jukka Ruusunen

10. October 10th, 2019Jukka Ruusunen

11. Future
October 10th, 2019Jukka Ruusunen
Wind is the investment
opportunity for Finland for the
next decade!
Increasing international
competition!
Vision: "Electricity system as
part of the energy system"
However, many upgrades for
the "hardware" and "software"
are required!

12. Fingrid Oyj
Läkkisepäntie 21
00620 Helsinki
PL 530, 00101 Helsinki
Puh. 030 395 5000
Fax. 030 395 5196
Thank you!
See Fingrid market video at
https://www.youtube.com/watch?v=dNU8p71p020