4 FAQs about Smart grid finland

What is Fingrid's energy system vision?

Fingrid's electricity system vision outlines long-term development paths for Finland's energy system using various scenarios. The aim is not to predict the future but to create a vision of what is required from the development of the grid to enable different development paths.

Should Finland have a new power grid?

Renewable energy must account for more than 55% of Finland's energy consumption by 2030. Increasing their use requires a flexible power grid that supports decentralised energy generation and enables a steady energy supply. Cleaner energy production requires a new kind of a power grid.

Does Finland have a smart energy program?

The Finnish state has pledged €100 million to the Smart Energy Finland Program, while energy is key for the Finnish Innovation Fund Sitra. Finland's total government-funded R&D leapt 58% from 2019 to 2020, according to Statistics Finland. The private sector has invested in software, AI and power-to-x, among other sectors.

How much does inefficiency cost Finland's electricity grid?

The IEA says inefficiencies cost the average national grid 5-18% of electricity transmitted, but the national operator Fingrid says Finland only loses 1.5%. Investments in new equipment, transmission lines and software improves grid efficiency.

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The vision sets out the development of the grid

Fingrid''s electricity system vision outlines long-term development paths for Finland''s energy system using various scenarios. The aim is not to predict the future but to create a vision of

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