ELECTRICITY AND NATURAL GAS MARKET
Effective electricity and natural gas markets enable the high reliability of energy supply and reasonable and competitive prices.
The Energy Authority supervises that the Finnish electricity and natural gas markets function in accordance with energy laws. It also aims to develop national, regional and EU energy markets in a sustainable way, and acts as the national supervisory authority in energy wholesale markets. In addition, the Energy Authority supervises and develops the reliability of the electricity and natural gas supply.
The Go-Live of Datahub, a centralised information exchange service for electricity trade, will be postponed to early 2022. The initial target Go-Live schedule was April 2021. Postponing the Go-Live date became topical when it emerged that some retailers and distribution system operators would be unable to meet the current Go-Live schedule of Datahub. Datahub requires a simultaneous Go-Live from all market operators.
The Energy Authority prepares annually a national report to the Agency for the Co-operation of Energy Regulators (ACER) and to the European Commission on the state of the Finnish electricity and natural gas markets in 2018.