Finland's average electricity price slips into negative territory

Re:Finland's average electricity price slips into negative t... by anttisalmela on Wednesday May 24, 2023 @10:21AM (#36058488)

Last year, 2000 MW of wind power was built, at the end of the year total power was 5200 MW. Olkiluoto 3 nuclear reactor was brought online, 1600MW. Solar power nearly doubled, from 358 MW to 606 MW. So far this year 500MW of wind power and 100MW of solar has been added to the grid.

Queries for grid connections pass already 100GW. Over twenty electrolysis plants are in planning.

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Re:Finland's average electricity price slips into negative t... by iandanforth on Wednesday May 24, 2023 @10:30AM (#36058646)

Any large battery installations you're aware of?

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Re:Finland's average electricity price slips into negative t... by toomuchtodo on Wednesday May 24, 2023 @10:30AM (#36058659)

No large batteries (100MW+), but they are maxing out exporting power to Estonia constantly after that recent nuclear generator came online (which is leading to Estonia having a very clean carbon profile at the moment). Both countries recently signed a MOU to build a new 1GW interconnector ("EstLink3"), but it won't be done for a decade.

"Too much clean energy" is a good problem to have! Probably means Finland can pull forward retiring the 2.6GW of coal generation capacity they have.

https://www.energy-storage.news/worlds-first-large-scale-san...

https://elering.ee/en/elering-and-fingrid-launch-joint-activ...

https://app.electricitymaps.com/zone/FI?wind=false&solar=fal...

https://app.electricitymaps.com/zone/EE?wind=false&solar=fal...

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Re:Finland's average electricity price slips into negative t... by Hamuko on Wednesday May 24, 2023 @10:33AM (#36058698)

There's a 30 MWh one in Lappeenranta and there's a 36 MWh being built in Lempäälä.

https://www.hs.fi/talous/art-2000009377977.html

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Re:Finland's average electricity price slips into negative t... by anttisalmela on Wednesday May 24, 2023 @10:56AM (#36059010)

OL3 has a big one for grid support purposes: https://www.tvo.fi/en/index/news/pressreleasesstockexchanger...

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