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Fingrid
Fingrid Oyj is a Finnish national electricity transmission grid operator. It is owned by the Finnish state (53.1 %) and various financial and insurance institutions (46.9 %). In 2011, power companies Fortum Power and Heat Oy and Pohjolan Voima sold their stakes in Fingrid (25% each), because of EU Internal Market Directive in Electricity, which requires that power production and ownership of the transmission systems should be separate. CEO of the company is Jukka Ruusunen. The transmission from and to the Russian network was interrupted by the Russian side on May 13, 2022. See also *Energy in Finland *European Network of Transmission System Operators for Electricity ENTSO-E, the European Network of Transmission System Operators, represents 39 electricity transmission system operators (TSOs) from 35 countries across Europe, thus extending beyond EU borders. ENTSO-E was established and given legal mandates by ... (ENTSO-E) References External links * Companies based in H ...
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Fingrid Oyj is a Finnish national electricity transmission grid operator. It is owned by the Finnish state (53.1 %) and various financial and insurance institutions (46.9 %). In 2011, power companies Fortum Power and Heat Oy and Pohjolan Voima sold their stakes in Fingrid (25% each), because of EU Internal Market Directive in Electricity, which requires that power production and ownership of the transmission systems should be separate. CEO of the company is Jukka Ruusunen. The transmission from and to the Russian network was interrupted by the Russian side on May 13, 2022. See also *Energy in Finland *European Network of Transmission System Operators for Electricity ENTSO-E, the European Network of Transmission System Operators, represents 39 electricity transmission system operators (TSOs) from 35 countries across Europe, thus extending beyond EU borders. ENTSO-E was established and given legal mandates b ... (ENTSO-E) References External links * Companies based in H ...
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Fortum
Fortum Oyj is a Finnish state-owned energy company located in Espoo, Finland. In addition to Finland, it focuses on Germany and other countries in Central Europe, Great Britain, Russia and the Nordic region. Fortum operates power plants, including co-generation plants, and generates and sells electricity and heat. The company also sells waste services such as recycling, reutilisation, final disposal solutions and soil remediation and environmental constructions services, and other energy-related services and products e.g. consultancy services for power plants and electric vehicle charging. Fortum is listed on the NASDAQ OMX Helsinki stock exchange. In 2020 Fortum was the biggest company in Finland by its revenue. The majority of its income came from Uniper that became Fortum's subsidiary in March 2020. Uniper was nationalised by Germany on the for 8 billion euros. Fortum is Europe's third-largest producer of carbon-free electricity, Europe's second-largest producer of nucle ...
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Pohjolan Voima
Pohjolan Voima Oy (PVO; English: Northern Power Company Ltd.) is the second biggest Finnish energy company, which owns hydropower and thermal power plants (including biofuel-fired power plants). Shareholders Pohjolan Voima is a founder and main shareholder of the Olkiluoto Nuclear Power Plant operator Teollisuuden Voima Oy. Major shareholders of Pohjolan Voima are Finnish pulp and paper manufacturers UPM Oyj (47,7%) and Stora Enso Oyj (15,6%). Other shareholders include power and utility companies owned by several municipalities. The energy produced by the company is distributed among its shareholders based on their ownership and the shareholders pay for the actual production costs (so called Mankala principle). This arrangement allows for smaller power companies to participate in larger power station projects together and to benefit from the economics of scale. Carbon intensity Transmission grid PVO sold its share of the Fingrid national electricity transmission grid op ...
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European Network Of Transmission System Operators For Electricity
ENTSO-E, the European Network of Transmission System Operators, represents 39 electricity transmission system operators (TSOs) from 35 countries across Europe, thus extending beyond EU borders. ENTSO-E was established and given legal mandates by the EU's Third Package for the Internal energy market in 2009, which aims at further liberalising the gas and electricity markets in the EU. Page not dated. History On 27 June 2008, 36 European electricity transmission system operators (TSOs) signed in Prague a declaration of intent to create the ENTSO-E. ENTSO-E was established on 19 December 2008 in Brussels by 42 TSOs as a successor of six regional associations of the electricity transmission system operators. ENTSO-E became operational on 1 July 2009. The former associations ETSO, ATSOI, UKTSOA, NORDEL, UCTE and BALTSO became a part of the ENTSO-E, while still offering data by their predecessors for public interest. Creation of ENTSO-E was initiated by the adopti ...
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Finland
Finland ( fi, Suomi ; sv, Finland ), officially the Republic of Finland (; ), is a Nordic country in Northern Europe. It shares land borders with Sweden to the northwest, Norway to the north, and Russia to the east, with the Gulf of Bothnia to the west and the Gulf of Finland across Estonia to the south. Finland covers an area of with a population of 5.6 million. Helsinki is the capital and largest city, forming a larger metropolitan area with the neighbouring cities of Espoo, Kauniainen, and Vantaa. The vast majority of the population are ethnic Finns. Finnish, alongside Swedish, are the official languages. Swedish is the native language of 5.2% of the population. Finland's climate varies from humid continental in the south to the boreal in the north. The land cover is primarily a boreal forest biome, with more than 180,000 recorded lakes. Finland was first inhabited around 9000 BC after the Last Glacial Period. The Stone Age introduced several differ ...
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Electrical Grid
An electrical grid is an interconnected network for electricity delivery from producers to consumers. Electrical grids vary in size and can cover whole countries or continents. It consists of:Kaplan, S. M. (2009). Smart Grid. Electrical Power Transmission: Background and Policy Issues. The Capital.Net, Government Series. Pp. 1-42. * power stations: often located near energy and away from heavily populated areas * electrical substations to step voltage up or down * electric power transmission to carry power long distances * electric power distribution to individual customers, where voltage is stepped down again to the required service voltage(s). Grids are nearly always synchronous, meaning all distribution areas operate with three phase alternating current (AC) frequencies synchronized (so that voltage swings occur at almost the same time). This allows transmission of AC power throughout the area, connecting a large number of electricity generators and consumers and potenti ...
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Energy In Finland
Energy in Finland describes energy and electricity production, consumption and import in Finland. Energy policy of Finland describes the politics of Finland related to energy. Electricity sector in Finland is the main article of electricity in Finland. Finland lacks domestic sources of fossil energy and must import substantial amounts of petroleum, natural gas, and other energy resources, including uranium for nuclear power. Energy consumption in Finland per capita is the highest in European Union. Reasons for this include industries with high energy consumption (half of energy is consumed by industry), high standards of living, cold climate (25% of consumption is used in heating) and long distances (16% of consumption is used in transport). Finland and Estonia are two of the last countries in the world still burning peat. Overview There was no sustainable decline in CO2 emission in Finland during 1990–2007. The energy use decline 2008–2009 is based on recession and a ...
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Companies Based In Helsinki
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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Electric Power Transmission System Operators In Finland
Electricity is the set of physical phenomena associated with the presence and motion of matter that has a property of electric charge. Electricity is related to magnetism, both being part of the phenomenon of electromagnetism, as described by Maxwell's equations. Various common phenomena are related to electricity, including lightning, static electricity, electric heating, electric discharges and many others. The presence of an electric charge, which can be either positive or negative, produces an electric field. The movement of electric charges is an electric current and produces a magnetic field. When a charge is placed in a location with a non-zero electric field, a force will act on it. The magnitude of this force is given by Coulomb's law. If the charge moves, the electric field would be doing work on the electric charge. Thus we can speak of electric potential at a certain point in space, which is equal to the work done by an external agent in carrying a unit of ...
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