14-05-2022, 11:43 PM
While Russia has only supplied a small fraction of electricity used in Finland lately, the shutoff will raise prices here.
Russian state firm RAO Nordic cut off all exports of electricity to Finland early Saturday.
There is no longer any Russian electricity coming to Finland, as Finnish majority-state-owned utility Fortum had already suspended electricity imports via a transmission line to Imatra on the eastern border.
Asked by the news agency Reuters whether payments had been required to be made in roubles, a spokesperson for the European power exchange Nord Pool said: "We have never had settlements in roubles, only in euros, Norwegian crowns, Swedish crowns and Danish crowns, in line with our standard procedures."
"This means that the price of electricity in Finland will be more expensive [on Saturday] than in Sweden, for example," said Leskelä.
https://yle.fi/news/3-12446050
Russian state firm RAO Nordic cut off all exports of electricity to Finland early Saturday.
There is no longer any Russian electricity coming to Finland, as Finnish majority-state-owned utility Fortum had already suspended electricity imports via a transmission line to Imatra on the eastern border.
Asked by the news agency Reuters whether payments had been required to be made in roubles, a spokesperson for the European power exchange Nord Pool said: "We have never had settlements in roubles, only in euros, Norwegian crowns, Swedish crowns and Danish crowns, in line with our standard procedures."
"This means that the price of electricity in Finland will be more expensive [on Saturday] than in Sweden, for example," said Leskelä.
https://yle.fi/news/3-12446050