OSLO Jan 13 The first ever power exports from
Finland to Russia could start in April, the Finnish grid
operator told the Nordic power exchange on Monday.
"The possibility of transmission from Finland to Russia can
be provided on the first of April 2014 depending notably on the
outcome of technical studies and tests on the Vyborg
high-voltage direct current (HVDC) link and finalisation of
associated procedures," Fingrid said in a market message.
The link could export up to 350 megawatts of power per hour
So far, Finland has only imported power from Russia on the
lines with a total capacity of 1,300 MW.
Questions remain over how the two markets can interact with
each other. While the Nordics trades only energy, Russia has
both energy and capacity markets.
When the latter was introduced in 2011 to support
construction of new plants, the cost of Russian power rose and
exports to Finland dropped sharply to 3.8 terawatt hours (TWh)
in 2012 from about 11 TWh in 2011.
A Finnish subsidiary of Russian power export monopoly Inter
RAO told Reuters in November it was interested in
exporting power from Finland to Russia if capacities became
(Reporting by Nerijus Adomaitis; editing by Jason Neely)