The government has presented bill for the Datahub Act
Electricity accounting points and their related information for all Finns will be available in a single register
Fingrid is currently building a datahub for electricity market information exchange, which will contain the information of all electricity users in Finland. Construction of the system means a lot of work and a big change for Fingrid and the entire industry, but is expected to provide new opportunities for the electricity market. The government bill submitted today for the Datahub Act will enable the introduction of datahub in April 2021.
On 20 September 2018, the government presented a bill to Parliament on an amendment to the Electricity Market Act and certain other acts related to it. The bill provides regulations for the transfer to a centralised information exchange of electricity retail markets. In order to serve retail suppliers, distribution system operators (DSOs), other providers of energy services and their customers, a centralised information exchange unit, or datahub, is being established.
- At Fingrid, we are satisfied with the bill. The act will give industry actors clear roles and responsibilities for operating within the framework of the law. Under legal obligation, work is now beginning to proceed, says Pasi Aho, Chief Operating Officer of Fingrid Datahub Oy.