External evaluation of the Finnish Safety and Chemicals Agency completed
A report that evaluates the activities, services and implementation of digitalisation projects at the Finnish Safety and Chemicals Agency (Tukes) has been completed. The report includes recommendations for both Tukes and the ministries steering its activities to develop the agency's activities in the future.
Information exchange in the electricity retail market enters a new era – Datahub goes live successfully
Datahub, the centralised information exchange system for the electricity retail market, went live on 21 February 2022. Datahub centralises the data from about 3.8 million electricity accounting points in a single system, and it significantly accelerates the exchange of information in the electricity retail market. Datahub is a key part of the flexible power system of the future.
EU’s Connecting Europe Facility grants EUR 127 million for a transmission line between Northern Finland and Sweden
On January 26 2022, the Energy programme committee of the EU’s Connecting Europe Facility (CEF) decided to grant EUR 127 million for the implementation of a planned electricity transmission line between Northern Finland and Northern Sweden. The amount will be divided between Finland and Sweden. The financial support covers 50% of the project costs.
Market surveillance to be reformed and harmonised
Extensive legislative amendments related to market surveillance will enter into force in April. The amendments will modernise market surveillance to correspond to the changes in the operating environment of companies, such as more complex supply chains and online sales. The reform will update market surveillance to comply with the EU Market Surveillance Regulation.
Guarantee of origin certifies that energy purchased is renewable
The Government has submitted the Act on the guarantee of origin of energy to the President of the Republic for approval. The Act will make it easier for customers to influence the origin of the energy they are buying through a reliable system. With the guarantee of origin, consumers can trust that the energy marketed and sold to them as renewable is in fact produced from renewable energy sources. The Act will enter into force on 3 December 2021.
