Foremost risks and factors of uncertainty for Fingrid and society

One of the company's biggest business risks and the biggest risk where society is concerned is a major disturbance related to the functioning of the power system. A major disturbance or other electrical system disruption can cause significant financial and physical damage to Fingrid and society in general.

Other major risks for Fingrid and society are a dysfunctional electricity market, environmental risks and serious workplace accidents.

The risks to Fingrid's operations include risks related with unfavourable regulatory development, financing risks, asset risks, compliance risks, major ICT disturbances and personnel risks.

Risks to society arising from Fingrid's operations include unsuccessful timing of  investments, long-term restrictions in transmission capacity, and incidents resulting in major harm to customers.

The major risks to Fingrid mentioned above are explored in greater detail in the company's annual report. Fingrid's financing risks are described in more detail in sections 6.2 and 6.3 of the consolidated financial statements. No substantial risks were realised in 2018.

 

Updated  26.2.2019