Future, Baltic Sea region. Presentation by Jukka Ruusunen, CEO of Fingrid Oyj In Fingrid Current 10.3. 2020. In English.

1. Future?
Jukka Ruusunen, President and CEO, Fingrid Oyj
@RuusunenJukka

2. Success story
Norway
1993
Sweden
1996
Finland
1998
Denmark
1999 (Western)
and 2000 (Eastern)
Germany
Kontek 2000 (explicit)
and 2005 (implicit),
all of Germany
2009
Estonia
and Poland
2010
Lithuania
2012
Latvia
2013
Third
energy package
2009
‘Clean energy for
all Europeans’
package
2019

3. The clean energy future needs
a lot of
zero-emission
+
secure
+
reasonably priced
electricity.

4. Zero-emission generation portfolio
There is enough zero-emission
electric energy, but scarcity of
• capacity
• flexibility
• inertia
IMAGE SOURCE: KEMIJOKI
OY
IMAGE SOURCE: FORTUM
IMAGE SOURCE: HELEN OY
Reasonably priced?
• Functioning markets will find the
most efficient solutions
→ Secure electricity?

5. If we do not succeed –
big brother will intervene
Peak capacity
 Restrictions on citizens' electricity
consumption during demand peaks
Flexibility
 Restrictions to power plants and electricity
users - continuously
Inertia
 Restrictions on the operation of big power
plants and cross-border connections
!

6. No country can move into
the new future alone
• We are more and more
dependent on each other
• In the future, we have to be
able to work together more
closely
The clean energy future
needs a lot of
zero-emission
+
secure
+
reasonably priced
electricity.

7. Case study: Nordic countries
Towards zero emissions
• Regional capacity deficit
• Flexibility from hydro power, but the increase
in wind power is terrific
• Inertia problem: an innovative solution via a
new reserve
Markets work efficiently – transmission capacity
occasionally restricts the movement of electricity
Generation capacity 68.000 MW
Peak demand 72.900 MW
Deficit 4.900 MW
Wind power capacity 35,000 MW by 2023

8. Strong grid
Platform for a functioning market
Market mechanism
that efficiently steers
production, demand
and utilisation of
transmission capacity
+

9. Stronger connections to Central Europe –
transmission connections reinforced
→ New mindset
”Baltic Sea region vs. Europe”
Transmission grids
In use
Under construction / decided
Under consideration / planned

10. Common market mechanism:
we are part of integrating Europe
Day-ahead markets Intraday markets Balancing markets
Member
Observer
2014 2018 2022

11. Transmission system operators will continue
to play a key role
• We invest to maintain adequate transmission
capacity
• We help the markets:
• By offering the markets as much
transmission capacity as possible
• By developing the markets under the EU
framework
• By delivering information to market players
Platform for a functioning market
+
Market mechanism
that efficiently steers
production, demand
and utilisation of
transmission capacity
Strong grid

12. How will we go on?
Will Europe stay unified?
Centrally controlled
electricity system
EU?
Markets
Baltic Sea region:
• Positive attitude to markets
• Close regional cooperation
• Free movement of
electricity as a goal

13. Vision for the Baltic Sea region
towards the 2020s
• Closer cooperation as part of the European "Green Deal"
• Best implementation of regional markets in the European
Union
• World's best regional retail markets supported by
integrated datahubs
• Sector integration based on the strengths of the region:
power to heat, mobility – then power to gas
• From innovations to practical implementations
We stand up for markets and innovations
in the European Union

14. Fingrid Oyj
Läkkisepäntie 21
FI-00620 Helsinki
P.O.Box 530
FI-00101 Helsinki, Finland
Tel. +358 30 395 5000
Fax. +358 30 395 5196
Markets Efficiency
 Security of supply
Physics