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 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 2019.
The Finnish Energy Authority has received a proposal from the TSO in respect of the new balancing rules. With this consultation, the Energy Authority provides the opportunity for all network users to express their views on the new balancing rules until 23 June 2020.