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29.9.2021 14:56
Current News, Electricity Market

The Finnish-Russian cross-border tariff level reduces

Fingrid reduces the 400 kilovolt cross-border tariff level on the Russian border from 1.11.2021 on. The new coefficient for off-peak hours is 0,25.

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

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]fingrid.fi