2016-01-05 09:30:00 CET

2016-01-05 09:30:00 CET


REGULATED INFORMATION

Finnish English
Fingrid Oyj - Company Announcement

The Energy Authority has decided on the regulation methods for 2016–2023


Helsinki, Finland, 2016-01-05 09:30 CET (GLOBE NEWSWIRE) -- Fingrid Oyj
Stock Exchange Release 5 January 2016 at 10.30 EET



The Finnish Energy Authority has come to a decision about the regulation
methods for electricity transmission system operations for the 2016–2019 and
2020–2023 regulatory periods. 

The regulation methods encompass several different methods which together form
an entity. The regulation methods allow the Energy Authority to monitor, on the
one hand, the reasonableness of the prices charged by the Transmission System
Operator (TSO) and, on the other hand, its capabilities to make sufficient
investments in the grid, cover its costs and generate a reasonable return for
its shareholders. 

In Fingrid Oyj’s view, the development of the key financial parameters in the
regulation methods for the 2016–2023 regulatory periods has headed in the right
direction and supports the long-term development of the main grid. 

The regulation methods entered into force on 1 January 2016 and the appeal
period ended on 4 January 2016. Fingrid did not appeal the decision. 

More information:
Jan Montell, Chief Financial Officer, tel. +358 (0)30 395 5213