Key facts: Finland
- Support scheme
- Merchant and PPA (feed-in premium closed; 2018 technology-neutral tender was the last)
- Balancing responsibility
- Tasevastaava (balance responsible party) with Fingrid; settlement via eSett
- Transmission system operator
- Fingrid
- Exchanges
- Nord Pool day-ahead and intraday
- Settlement interval
- 15 min
- Currency
- EUR
- Bidding zones
- FI (single zone)
The Finnish power market for renewables
Finland has become a wind-driven market in a few years: onshore wind, built almost entirely without subsidies, now exceeds nuclear on windy days and pushes the single-zone price to zero or below. The Olkiluoto 3 reactor and strong links to Sweden and Estonia complete a system with very low average prices and very high volatility.
That volatility has made Finland one of the most attractive battery markets in the Nordics.
Merchant market, balance responsibility and Fingrid reserves
Finnish renewables receive no operating support for new plants; the last technology-neutral premium tender was held in 2018. Projects are merchant or PPA-backed, and every producer needs a tasevastaava that settles imbalances every 15 minutes through eSett.
Fingrid procures FCR-N, FCR-D up and down, aFRR, mFRR and fast frequency reserve, with yearly and hourly markets that batteries enter directly or through aggregators.
Nord Pool day-ahead and intraday trading in Finland
Nord Pool runs the Finnish day-ahead and intraday markets within the European coupling with 15-minute resolution. Wind forecast errors across a large fleet drive imbalance prices, so intraday correction is the main cost lever for wind owners.
Interconnector flows to Sweden and Estonia and the Nordic reserve markets shape the rest of the revenue stack.
What SAMAWATT offers in Finland
SAMAWATT trades Finnish wind, solar and batteries on Nord Pool, provides balance responsibility and stacks Fingrid reserve revenue for batteries from the same optimisation engine used across the Nordics.
Negative-price avoidance for wind and intraday re-trading are standard in the service.
- Nord Pool Day-Ahead
- Nord Pool Intraday
- Fingrid FCR-N / FCR-D / aFRR
- Wind & battery optimisation
- Cross-border SE/EE
- Imbalance management
Finland market: frequently asked questions
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