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.