Fingrid Made Agreements with Russian Companies
OREANDA-NEWS. December 30, 2008. Fingrid, the Finnish transmission system operator, has made agreements with three electricity importers on electricity transmissions from Russia to Finland in 2009. The commercial capacity of the Russian cross-border connections is 1,300 megawatts.
According to a press release from Fingrid, the companies that will be importing electricity from Fingrid Oyj Russian cross-border connections in 2009 are Fortum Power and Heat Oy (Finland), RAO Nordic Oy (Finland) and Scaent AB (Sweden).
Fingrid annually puts up for auction the capacity of the Vyborg power hub, which connects Russia and Finland. Finland is one of the main buyers of Russian electricity accounting for almost half of the export supply.
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