Haberler      English      العربية      Pусский         Kurdî      Türkçe Delivering News and Insights Around the World Keltis
  En.Haberler.Com - Latest News
SEARCH IN NEWS:
  HOME PAGE 22/05/2022 19:21 
14.05.2022 12:42 News >> Russia Suspends Electricity Supply To Finland

Russia Suspends Electricity Supply To Finland

Russian power supplier's Finnish subsidiary says funds not credited to its bank account since May 6.

Inter RAO, Russia's largest electricity company, has suspended electricity supply to Finland, according to news reports on Saturday.
Inter RAO's Finnish subsidiary, RAO Nordic Oy, said in a statement on Friday that it is "forced to suspend the electricity import" starting from May 14.
"Unfortunately, we are forced to note that for the volumes which have been sold on Nord Pool exchange since the 6th of May funds have not yet been credited to our bank account," it said in a statement.
"This situation is exceptional and happened for the first time in over 20 years of our trading history," it added.
Finnish national electricity transmission grid operator Fingrid Oyj also said in a statement on Friday that RAO Nordic Oy will suspend imports of electricity to Finland at 1: 00 a.m. local time on Saturday.
"According to RAO Nordic, further direct or bilateral sales of electricity imported from Russia will be halted until further notice due to problems in receiving payments for electricity sold on the market," Fingrid said.
"The lack of electricity import from Russia will be compensated by importing more electricity from Sweden and by generating more electricity in Finland," Fingrid Senior Vice President of Power System Operations Reima Päivinen said.
Finland is expected to become self-sufficient in electrical energy in 2023, as its wind power generation is increasing every year, according to Fingrid.
An additional 2,000 megawatts of new wind power is expected to come online in Finland this year, it added.
Imported electricity from Russia has covered approximately 10% of Finland's total consumption, according to Fingrid. -



        Latest News
IRGC Officer Shot Dead By Unknown Assailants In Tehran -33 minutes ago...
No group claimed responsibility for attack.
Red Bull's Max Verstappen Wins F1 Spanish Grand Prix -18 minutes ago...
Dutch driver gets his 4th Grand Prix victory this season.
Israel Denies 2Nd Case Of Monkeypox -3 minutes ago...
1st case of monkeypox detected in Israel on Friday.
Turkiye Summons US Envoy Over Embassy's Istanbul Rally Alert 12 minutes ago...
Jeffry Flake told warning was unacceptable, created misperception about Turkiye, according to Foreign Ministry sources.
Turkish Cuisine Week Events Kick Off In India 12 minutes ago...
Diplomats among several guests at program hosted by Turkish Embassy in New Delhi.

 
      Top News
Turkiye Summons US Envoy Over Embassy's Istanbul Rally Alert Turkiye Summons US Envoy Over Embassy's Istanbul Rally Alert
Turkiye Advises Citizens Living In US To Avoid Gatherings Turkiye Advises Citizens Living In US To Avoid Gatherings
Academics Discuss Turkiye-US Relations At New York Panel Academics Discuss Turkiye-US Relations At New York Panel
Cryptocurrencies Continue To Fall As Losses Hit $1 Trillion Cryptocurrencies Continue To Fall As Losses Hit $1 Trillion
Turkiye Builds Dreams, Sets All Goals Together With Its Youth: President Turkiye Builds Dreams, Sets All Goals Together With Its Youth: President
Turkiye Expects Sweden To Take Tangible Steps Against Terror Groups: President Erdogan Turkiye Expects Sweden To Take Tangible Steps Against Terror Groups: President Erdogan
Germany Faces Growing Criticism After Banning Peaceful Protests Germany Faces Growing Criticism After Banning Peaceful Protests
Tanzania's Miners Warned About River Pollution Tanzania's Miners Warned About River Pollution
Increasing Number Of Ugandan Youth Join Politics To Earn Livelihood, Says Report Increasing Number Of Ugandan Youth Join Politics To Earn Livelihood, Says Report
Bitcoin Falls To $29K Again In Weak Trading Bitcoin Falls To $29K Again In Weak Trading