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Finland - Nord Pool Market

Finland - Nord Pool Market

Scientifically-backed forecasts for a sustainable energy transition

Catedral de Helsinki

Finland’s electricity market is part of the Nordic regional market operated by Nord Pool, which manages the day-ahead and intraday markets fully coupled with the rest of Europe through the Single Day-Ahead Coupling (SDAC) and the Single Intraday Coupling (SIDC). The Finnish transmission system operator is Fingrid, responsible for the operation of the transmission system and supply security.

Finland has a diversified generation mix that includes nuclear, hydroelectric, biomass, wind, and more recently, solar photovoltaic energy. The country is a key player in Nordic energy cooperation.

In the coming years, the Finnish electricity system will continue to move towards a low-emission model:

  • With the commissioning of the Olkiluoto 3 nuclear reactor in 2023, Finland has strengthened its energy security and reduced its dependence on electricity imports.
  • The country aims to achieve climate neutrality by 2035, one of the most ambitious targets globally, with a sustained increase in wind power generation and the deployment of solar and storage projects.
  • Finland is promoting the use of green hydrogen to decarbonize industrial and heavy transport sectors, with public support and international cooperation.
  • Fingrid is leading investments in digitalization, system flexibility, and the expansion of interconnections with Sweden, Estonia, and other countries in the Nordic and Baltic regions.
At AleaSoft, we have been providing services for European electricity markets for 27 years, including Finland and Nord Pool. We provide energy price forecasting, energy demand forecasting, renewable generation and other key indicators, tailored to the needs of generators, suppliers, traders, investors and system operators.
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Alejandro Delgado Fornaguera, Associate Partner y CTO de AleaSoft
Alejandro Delgado Fornaguera Associate Partner, CTO
Oriol Saltó i Bauzà, Associate Partner de AleaSoft
Oriol Saltó i Bauzà Associate Partner
Ana Caballero Pijeira, Associate Partner de AleaSoft
Ana Caballero Pijeira Associate Partner
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