12.3.2021 13:01
Current News, Electricity Market

Tariff income and incurred costs 2020

The costs from the Finnish-Russian 400 kilovolt cross-border trade were 10,8 while the tariff income was 6,2 million euros year 2020. Both are without the perimeter fee (ITC fee). The tariff deficit was 4,6 million euros. The main reason for the tariff revenue deficit was the fall in the Finnish area price.

During the year, Fingrid raised the 400 kilovolt cross-border tariff level on the Russian border. The reason behind the tariff raising was adjusting the tariff income to the costs caused by the cross-border trade during the regulation period 2020 – 2023.

Respectively, the costs from the Finnish-Russian 110 kilovolt cross-border trade were about 0,6 and the tariff income was about 0,4 million euros year 2020. Both are without the perimeter fee (ITC fee). The tariff deficit was about 0,2 million euros.

Fingrid’s aim is to even out the costs caused by 400 and 110 kilovolt cross-border trade with the tariff income during the regulation period 2020-2023.

More information:
Jyri Virolainen, Fingrid Oyj, Specialist
tel. +358 (0)30 395 4335