8. Advisory committee
Fingrid’s Board of Directors appoints an advisory committee with 10 to 14 members to serve as a link between the company, its customers and other stakeholders. The advisory committee is an advisory body which provides perspectives on the company’s grid operations and customer services from a customer point of view. The advisory committee widely represents electricity producers, transmitters, sellers, users and other electricity market actors.
The advisory committee is set out in Fingrid’s articles of association. The Board annually confirms the regulations concerning the work of the advisory committee. The term of office of the members of the advisory committee is three years. The President & CEO and Vice President responsible for the company’s customer relationships participate in the advisory committee’s meetings.
The composition of the advisory committee is set out on the company’s website.
The advisory committee convened four times during the year. The topics discussed in the advisory committee’s meetings included, among other things, the power system’s future scenarios, Nordic imbalance settlement and Fingrid’s activities in the international environment. In several meetings, one of the topics discussed was a study on the introduction of a capacity-based consumption fee in grid service pricing.