Why is the Nordic power system growing?

Nordic power system is growing due to electrification and the amount of renewables are also growing at rapid speed. At the same time, our analyses have been showing and are also confirmed by other ones, that the volatility in the future system is increasing.

How stable is the Nordic power system?

As the Nordic power system continues to achieve higher pene-tration levels of PEID, the stability of the power system is challenged. Although technological solutions such as the use of grid-forming inverters and methods to study and mitigate these stability challenges are being developed, they are not yet widely applied to larger power systems.

What is a Nordic power system report?

The report communicates a shared vision of the overall trajectory of the future power system up to 2050 and presents various strategies to address the emerging challenges. It also provides a status update on ongoing and planned investments of significant Nordic impact.

How does the Nordic power system work?

National scenarios show a huge growth in power demand and production in all the Nordic countries, with most of the new produc-tion being intermittent and connected to the grid by means of power electronics. The Nordic power system is well integrated due to a long history of cross border cooperation on grid, operations, and market development.

Why do we need a strong Nordic power grid?

A strong and robust Nordic power grid is central to enable the right pace and evolvement of the system, and to ensure this we need significant amount of new grid investments. Having a strong grid both nationally and across borders enables continued utilization of national competitive advantages in the Nordic system.

Is the Nordic power system a good investment?

The Nordic power system is well integrated due to a long history of cross border cooperation on grid, operations, and market development. This has been a core prerequisite for the high level of renewable production, and it will continue to be so with a Nordic power system which is expected to be carbon-free around 2035/40.