26.4.2018 16:14
Current News

Fingrid ranked once again as one of the most cost-effective organisations worldwide

Fingrid again gained excellent success in the International Transmission Operations & Maintenance Study (ITOMS). Fingrid was the only company to be named as the Top Performer for both substation and transmission line maintenance categories. The ITOMS study assessed the effectiveness of maintenance, which is measured by e.g., comparing maintenance costs and operational disturbance levels.

Twenty-eight grid companies from all over the world participated in the study. Fingrid was particularly successful in transmission line inspection and maintenance work, and in switchgear and substation area maintenance work. We received several honourable mentions in these areas.

Every other year, comprehensive information on grid companies' grid ownership, the labour costs of maintenance, operational disturbances and maintenance practices are collected for the study. The results from this round of the study apply to operations in 2016.

Figure shows the overall result from the entire study, where Fingrid is in a class of its own with regard to maintenance effectiveness.




Fingrid has ranked as a Top Performer in the ITOMS study for several years. Fingrid’s exceptionally long success in the study has attracted lots of international attention. Fingrid was praised especially for its professional organisation, which focuses on core competence, and for its well-optimised supply chain management. ITOMS' international final conference will be held in May. It will present among other things Fingrid’s practices for substation and transmission line maintenance, service provider management and directions for future development on e.g. the IoT front. Only continuous development will ensure future Top Performer mentions in the grid company maintenance study, as every company has plans for significant development programmes.

Fingrid invests heavily in e.g., the development of occupational safety, digitalisation and smart systems. One of the most significant strategic development programmes is substation digitalisation, which will achieve a significant increase in the amount of information concerning the condition of components, and optimise investment and maintenance costs. Future leadership in maintenance management will be ensured through e.g. a company-level strategic development programme, which consists of various subprojects to make the basic maintenance process more effective and to ensure the competence of service providers, for example.

More information:
Grid Manager Suvi Lokkinen, tel. +358 30 395 5293