A N N U A L R E P O R T 2 0 2 3
Finland beginning new electrification leap
The key themes for 2023 were transmission reliability, security of supply and electricity market operations. The system security of the main grid stayed at a high level all year and in terms of the availability of electricity the year was successful. The development of the grid proceeded as planned with more than 100 investment projects of various sizes. The electricity market returned to a new normal after an exceptional year.
Fingrid in figures 2023
Working for a modern energy system
Fingrid develops and operates the grid to meet the needs of customers and society. During the year, 1 920 MW of renewable energy was connected to the grid. The grid development plan was updated during the year 2023 and includes 6 100 km of new transmission lines and 128 substation projects. The plan pays particular attention to the responsible development of the grid.
Fingrid’s Corporate Responsibility and Sustainable Development in figures 2023
Work for society continues
Asta Sihvonen-Punkka continues the work of Jukka Ruusunen, who retired in December 2023. “We want to continue to be the TSO that provides the best service to customers and simultaneously promotes Finland’s competitiveness.The transition towards clean energy production creates opportunities to increase investments in Finland and, as a result, boost employment and secure people’s well-being.”
