Bottlenecks – where and why
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Challenges and opportunities facing the future Nordic electricity market. Jussi Jyrinsalo, Senior Vice President, Fingrid Oyj
![Trends affecting the electricity market
0
10
20
30
2011 2012 2013 2014
Wind power generation
in Nordic countries
[TWh]• Long-term main trends
– More and more subsidized wind power
– Decommissioning of conventional production
– No significant increase in electricity demand
– Import from Russia has collapsed
• Summer and autumn 2015
– Extraordinarily high precipitation
– Lack and sudden outages of transmission
capacity have strong market impacts 15
25
35
45
55
Yearly average electricity
price per country [€/MWh]
Sweden Norway
Denmark Finland](data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7)
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Bottlenecks – where and why
- 1. Bottlenecks – where and why? Challenges and opportunities facing the future Nordic electricity market Jussi Jyrinsalo
- 2. Trends affecting the electricity market 0 10 20 30 2011 2012 2013 2014 Wind power generation in Nordic countries [TWh]• Long-term main trends – More and more subsidized wind power – Decommissioning of conventional production – No significant increase in electricity demand – Import from Russia has collapsed • Summer and autumn 2015 – Extraordinarily high precipitation – Lack and sudden outages of transmission capacity have strong market impacts 15 25 35 45 55 Yearly average electricity price per country [€/MWh] Sweden Norway Denmark Finland
- 3. More grid congestions and price differences
- 4. Bottom-upscenarios Top-downscenarios But what will the transmission needs be in 2030? Visions are prepared and grid is planned in a more centralized way, but power generation planning is becoming more and more decentralized!