The cross-border transmission tariff for 400 kV connections between Finland and Russia will depend on the difference between the Finnish regional price and the regional price for north-western Russia from June 2015The amount of electricity imported to Finland from Russia has decreased significantly over recent years and the hourly imports from Russia have fluctuated drastically. The Russian capacity mechanism and a rise in the price of energy in Russia have both played a part in the decline in electricity trade. On 1 June 2015 Fingrid will implement a dynamic tariff, wherein the size of the tariff will depend on the difference in price between the Finnish regional price and the north-western Russian regional price (Free Flow Zone 27). The aim of the new tariff structure is to promote electricity trade between Finland and Russia, especially during times when the difference between regional prices is small.
The new tariff is the same for bilateral and direct trade in both imports and exports. A detailed description of the tariff is included in the terms of service approved by the Energy Authority and published on Fingrid's website here.
- knoncap for hours not subject to a capacity fee the factor is 0.35,
- cap for hours subject to a capacity fee the factor is 0.35
- k is 1.