Tags: Finland Distributed Energy Energy Storage Battery

4 FAQs about Finland distributed energy systems

Why is electricity distribution regulated in Finland?

Electricity distribution is a regulated business and in Finland the Finnish Energy Authority (FEA) acts as the regulator. From an economic point of view, regulation is in place to ensure that the monopolist does not misuse market power to extract extraordinary profits from the customers.

Is the energy system still working in Finland?

However, the energy system is still producing electricity to the national grid and DH to the Lempäälä area, while the BESSs participate in Fingrid's market for balancing the grid . Like the energy storage market, legislation related to energy storage is still developing in Finland.

Is energy storage the future of wind power generation in Finland?

Wind power generation is estimated to grow substantially in the future in Finland. Energy storage may provide the flexibility needed in the energy transition. Reserve markets are currently driving the demand for energy storage systems. Legislative changes have improved prospects for some energy storages.

What is the electricity supply in Finland in 2022?

The electricity supply in Finland is quite diverse. As presented in Fig. 1, the Finnish electricity supply in 2022 consisted of nuclear power (29.7 %, 24.2 TWh), different types of thermal power plants (24 %, 19.6 TWh), imports (15.3 %, 12.5 TWh), hydropower (16.3 %, 13.3 TWh), wind power (14.2 %, 11.6 TWh), and solar power (0.5 %, 0.4 TWh).

View/Download Finland distributed energy systems [PDF]

PDF version includes complete article with source references. Suitable for printing and offline reading.