A Nordic vision for 2025Nordic TSO Cooperation – more focused and effective
Juha Kekkonen Executive Vice President, Fingrid Oyj
Nordic TSO Cooperation – more focused and effective
Systemoperation
Marketfacilitation
Systemdevelopment
New technologies,common tools
Highly efficient
and secureNordic green
power system
Trends that challenge the security of the power system
Adequacy of generation capacity
2015 2025
Inertia to support system stability
2015 2025
System flexibilityto back-up RES
20252015
need
Why Nordic approach is needed?
Possibilities to build on existing strong Nordic cooperation
In EU, more emphasis is given
to regional approach to bring the internal market and SoS forward
Already achieved Nordic
harmonization facilitates further
development
Potential to be forerunner in
various areas and influence
development elsewhere
Priority areas for TSO cooperation
Systemoperation
Marketfacilitation
Systemdevelopment
New technologies,common tools
Highly efficient
and secureNordic green
power system
Ensuring a future robustNordic power system1
Maintaining current high level of security of supply2
Market to better support the adequacy3
Empowering consumers4
Strong Nordic voice in EU5
Ensuring a future robust Nordic power system
Pursue solutions that have socio-economic benefits for the Nordic
region as a whole
Take advantage of new technologies to develop
smart solutions
From grid planning to system planning
Optimize the use of the existing Nordic system
Maintaining current high level of security of supply
Centralising key functions of operative planning
Strong Nordic cooperation in daily system operation
Joint solutions and advanced use of modern
technology
Strengthening wholesale market, empowering consumersWholesale market Retail market
Open access to data
Facilitate active demand responseNordic reserve markets
Improve current design (Market 2.0)
Linking retail and wholesale
Get incentives and prices right
More focused and effective TSO cooperation
Open flexible approaches together with stakeholders
Focus on high impact issues
Socio-economic benefits for
Nordic region as a whole
Efficient decision making
TSOs can agree on regional solutions but final decisions often by entities with national focus
Challenge: lack of competent regional structures and procedures (cf. national or EU-level)
How to enhance regional decision making and implementation?
Purpose: to assess regional tasks and, if mutually agreed,
to commit to promote
implementation
Need for a regional high-level forum bringing together
all relevant stakeholder groups
Cf. Florence Forum,
Pentalateral Forum
What is in it for our stakeholders?
Increased business opportunities
for established and new players
More efficient and flexible power system
to meet customers' needs
Transparency and openess
to jointly create solutions
Fingrid Delivers. Responsibly.
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