The energy transformation is shaping Fingrid’s operating environment

29%
66,0 TWh
73,6 TWh
8,1 TWh
0,5 TWh
30%
77,8 TWh
90,4 TWh
15,4 TWh
2,9 TWh
47%
65,0 TWh
85,5 TWh
22,6 TWh
2,1 TWh
In the 2020s, the share of renewable energy will rise and account for more than 50% of end consumption.
Estimate by the Ministry of Employment and the Economy: less than 90 TWh Consumption is growing slowly and steadily
1997 The electricity markets are opening up
2007 Maximum annual electricity consumption
2017 Share of renewables at an all-time high
2025 Consumption will stay below the early-2000s level
Production
Electricity production in Finland
Electricity consumption in Finland
Electricity imports
Electricity exports
Share of renewable energy sources of electricity production in Finland in 1997–2025
Electricity production and consumption in Finland in 1997–2025
Finland’s electricity imports and exports in 1997–2025

Flexible working life

Fingrid employees capable of renewal and boldly embracing change are at the core of our strategy. We place greater emphasis on our personnel’s work performance than their working hours.

Read more

Open data as an enabler

Digitalisation helps improve productivity and create new services and work methods.

Risks under control

As dependence on electricity increases, ensuring transmission reliability plays an increasingly important role in the work of Fingrid employees.

 

Flexible working life

Fingrid employees capable of renewal and boldly embracing change are at the core of our strategy. We place greater emphasis on our personnel’s work performance than their working hours.

 

Open data as an enabler

Digitalisation helps improve productivity and create new services and work methods.

 

Risks under control

As dependence on electricity increases, ensuring transmission reliability plays an increasingly important role in the work of Fingrid employees.

Fingrid's strategy

Review by the President & CEO

“The electrification of society is an efficient way to put an end to the considerable carbon dioxide emissions caused by the energy system.”

Jukka Ruusunen, President & CEO

Read more

Fingrid in figures 2017

Customer satisfaction

3.9/5

Taxes paid, M€

30.58

Credit rating (S&P)

AA-

Electricity transmission reliability

99,9997 %

Employee engagement (PeoplePower)

AAA

Occupational safety, LTIF

8

 

Nordic co-operation is beginning to take shape

Nordic co-operation has been overshadowed by a dispute between the transmission system operators over the development and future model of imbalance settlement. However, Nordic transmission system operators have continued negotiations to reach an understanding on the future imbalance settlement model and the related decision-making.

Read more
 

Ensuring transmission capacity

In 2017, Fingrid completed the 400-kilovolt connection from Pori to Oulu, called Rannikkolinja. Valued at EUR 260 million, it is the largest investment in Fingrid’s history.

Read more
 

Co-responsibility for the well-being of Finns

Fingrid’s operations have a direct impact on the well-being of Finns. A responsible way of operating is a natural strategic choice for the company, whether in global co-operation, good governance or transparency.

Read more