Aalto University School of Business

Aalto University School of Art and Design

Finnish Environment Institute (Syke)

Consumer Society Research Centre, University of Helsinki

Lappeenranta University of Technology

Science Policy Research Unit (SPRU)/Sussex University

VATT Institute for Economic Research

VTT Technical Research Centre

Motiva, City of Lappeenranta, Heureka, FinPro

Key disruptive technologies – game changers

Mass production based technology Weather dependent electricity generation Low operation costs Unlimited sustainable, cost efficient energy

source

Everyone and everything is connected to internet of something

‘Unlimited’ potential for data acquisition and data analytics

New possibilities for demand side management Efficient use of capacity of energy system and

power balance management Engaging consumers/prosumers by novel digital

services

Energy storages

Digitalization

Wind and solar generation

New tools for power balance management Substitute for declining inertia Support the integration of the intermittent

generation Increase the capacity utilization rate Distributed storages in EVs

3

Electricity Market objectivesEfficient operation of system Sustainability Security of supply

Renewable generation

Storages Demand responseFlexibleproduction

New transmission lines

“fuel” is free; low variable costs, Impacts on dispatching and operation times of power plants

More uncontrollable renewable based production having high output variation, new challenges in intermittency, lack of controllable production, lack of inertia

More renewable based production, excellent sustainability

Need for the development of the market design and energy policy to promote smart energy transitionIncentives for cost-efficient investments to RES and flexibility (risks = costs)Promote the participation of demand side resourcesAppropriate resolution of markets (time and geography)Market wide co-operation in the building of the cross-border transmission capacityCost reflective pricing

Impa

cts

of R

ES

RE

S in

tegr

atio

n su

ppor

ting

solu

tions

4

Finland can benefit from the energy disruption by

pro-active participation in the technology and

market development