25.9.2019 16:05
Electricity Market

The Finnish-Russian cross-border tariff level will be increased

Fingrid increases the 400 kilovolt cross-border tariff level on the Russian border from 1.11.2019 on. The new coefficient for off-peak hours (knoncap) is 0,20. Tariff coefficient for peak hours kcap will remain as 0,0.

The reason behind the tariff increase is adjusting the tariff income to the costs caused by the cross-border trade during the regulation period 2016 – 2019.

A dynamic cross-border transmission service fee is used to cross-border electricity trade between Finland and Russia. The dynamic fee is based on the price difference between the Finnish area price and the regional price in North-West Russia. The dynamic fee becomes smaller as the price difference decreases and larger when the price difference increases.

More information:

Jyri Virolainen, Fingrid, jyri.virolainen[at]fignrid.fi