The largest foreign buyer of Russian electricity plans to abandon further purchases

Finland is the largest purchaser of Russian electricity abroad. So here is the Operator of the backbone networks Fingrid demonstrated four plans for the development of national energy and three of them provide full rejection of imports and replacement of lost generation due to the active introduction of wind and solar parks.

Progress and prospects of losing the largest buyer

Finland is the largest player in the purchase of Russian electricity. So in 2020, a total of 22 billion rubles of electricity was purchased. This is a third of all Russian exports last year.

But, according to two options at once, the Finns plan to completely abandon the energy bridge that runs through Vyborg.

And also to increase its own production over the next 15 years of wind stations up to 22 GW, offshore wind generators up to 10 GW, and solar ones up to 6 GW.

Also, one of the development options even provides for a significant increase in its own generation and further integration with the energy systems of Sweden and Estonia through the unified energy market Nord Pool.

In addition, the option of refusing to build new nuclear power plants, including Hanhikivi-1, which, for a minute, is being handled by the Russian company Rosatom, is not ruled out.

So, according to plans, the Hanhikivi-1 station should be commissioned in 2028, but if one of the options of the Finnish company, then, most likely, the station will not be completed and the last large nuclear power plant will become Olkiluoto-3. And in the future, only launches and modernization of individual power units will be carried out.

Despite these concerns, Rosatom itself says that the station will be completed in most versions. And the electricity export operator Inter RAO is already planning a significant reduction in Finland's dependence, and by 2030 a 50% drop in electricity exports is expected.

What exactly is the company's plan Fingrid will be implemented in fact is unknown, but given that in three of the four options Finland is moving away from energy dependence on Russian electricity, you need to be ready for this.

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