The electricity transmission capacity offered by Fingrid, the Finnish transmission system operator, to electricity market participants through its cross-border connections from Russia has raised great interest. By the due date 4000-5500 megawatts (MW) of transmission reservations were submitted, amount of which clearly exceeds the available commercial capacity of the connections 1300 MW.
Fingrid will confirm the transmission reservations after it has received an account of corresponding reservations on the transmission connection in Russia from the Russian main grid company. The contract periods will be limited to one year, and the smallest unit that can be reserved is 50 MW.
The current service description for cross-border connections from Russia is provided at Fingrid website. Also further information about the prospects for a development of more market-based approach to capacity allocation is available at Fingrid website.