Finland will increase electricity imports from Sweden and Norway

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The power grid manager at Finland assured that there would be no problem with import suspension electric power from the Russiawhich was announced earlier by the supplier company RAO Nordic.

“We were prepared for that and it will not be difficult. “We can handle it with a little more imports from Sweden and Norway,” said Timo Kaukonen, an executive at Fingrid.

RAO Nordic, which is 100% owned by Russia’s InterRAO, said earlier that imports would be suspended from 1 a.m. Saturday (Greek time and time) due to unpaid bills.

According to Fingrid, electricity currently imported from Russia covers about 10% of the country’s total consumption. The imported quantity could be covered by imports from Sweden and, in part, by domestic production.

The Finnish company explained that Nord Pool, the pan-European energy exchange, has not paid RAO since May 6 for the electricity it bought from the Russian utility. “Nord Pool is the one that pays them. “Fingrid is not involved in this electricity trade, we provide transmission links from Russia to Finland,” Reing Paivinen, Fingrid’s vice president, told Reuters.

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