The peak load capacity secures the supply security of electricity in the event of peak load situations in the Finnish power system. The peak load capacity can consist of both power plants and facilities capable of demand response of electricity.
The Finnish act on the peak load capacity which secures a balance between electricity production and consumption (117/2011) entered into force on 1 March 2011. Only power plants participate in the arrangement in the early stages. Facilities capable of demand response of electricity can be utilised as peak load capacity from 1 December 2013.
Peak load capacity
The Energy Market Authority has confirmed the power plants selected for the peak load capacity arrangement for the period of 1 October 2011 to 30 June 2013. The total volume of the capacity is 600 megawatts.
|
Power plant unit |
Maximum power, MW |
Company |
|
Inkoo 3 |
235 |
Fortum Power and Heat Oy |
|
Kristiina 1 |
210 |
PVO-Lämpövoima Oy |
|
Vaskiluoto 3 |
155 |
PVO-Huippuvoima Oy |
Funding of peak load capacity arrangement
The peak load capacity arrangement will be funded through a separate fee based on the utilisation of the high-voltage transmission grid, and the fee will be levied from electricity consumption. Fingrid Oyj’s fully-owned subsidiary Finextra Oy will administer the peak load capacity.