28.4.2015 10:20
Press Releases, Current News, Electricity Market

Fingrid worried about the adequacy of power generation: From energy politics to power politics

According to the Finnish grid company Fingrid, the coming government should take a more comprehensive approach to energy and climate politics. They should view the energy system as a whole and take into consideration how political actions can affect the energy markets. This is stated in the company's latest customer magazine.
"One got the impression from recent general election debates in Finland that parties and their candidates have quite a simplistic impression of energy politics and related challenges. For most, it's simply a matter of choosing the forms of energy to generate electricity, heat our homes or power our cars. Favourable forms of energy should be promoted, and unfavourable forms should be phased out, and that's it. Unfortunately, energy system challenges have become far more complex, in part due to overly simplified politics," writes Fingrid's Executive Vice President, Juha Kekkonen, in his editorial in the company's customer magazine.
Kekkonen's contemplative, stance-taking editorial can be read in digital format here.
In addition to Fingrid's latest customer magazine, topical energy-industry issues will be dealt with in the company's expert seminar on Tuesday, 28 April 2015, in the Marina Congress Center, Helsinki.
The Electricity Market Day asks e.g. whether the market will secure the sufficiency of electricity. Other topics include regional price differences and the possibilities to hedge against them.
The event can be viewed as a live webcast in the address: http://www.goodmood.fi/webcaster/accounts/fingrid/live/
Electricity Market Day programme:
Fingrid as a market facilitator
 Jukka Ruusunen, President & CEO, Fingrid Oyj

Will the market mechanism secure the sufficiency of electricity?

 Generation adequacy in Finland
Mikko Heikkilä, Electricity Market Specialist, Fingrid Oyj

• Capacity Mechanisms – Market Design options
Colas Chabanne, Convenor, ENTSO-E WG Market Design and RES (RTE France)

Area price differences – causes and conclusions

• Transmission System Operator's view
Juha Hiekkala, Manager Market Design, Fingrid Oyj

• How to hedge against the area price risk
Anne-Marit Rudby, Product Director, Nasdaq Commodities
Further information:
Juha Kekkonen, Executive Vice President, tel. +358 30 395 5120