A trading error in the Nordic electricity market caused prices to plunge into negative territory, resulting in some consumers receiving free power. The grid operator in Finland urged the public to keep power consumption at normal levels. The situation has since normalized, and the state-owned power utility will reduce power cuts on Sunday after severe outages earlier in the weekend allowed the replenishment of emergency reserves.
The state-owned power utility will reduce power cuts on Sunday as severe outages earlier in the weekend allowed the “replenishment” of emergency reserves https://t.co/qiWWQrDBMx
The state-owned power utility will reduce power cuts on Sunday as severe outages earlier in the weekend allowed the “replenishment” of emergency reserves https://t.co/3XGstoSQqt
The state-owned power utility will reduce power cuts on Sunday as severe outages earlier in the weekend allowed the “replenishment” of emergency reserves https://t.co/LCAtXnPOoK
"Extreme Situation": Fat-Finger Trade Sends Finnish Power Prices Crashing Deeply Negative https://t.co/Hzg6ITlBuY
Finnish power market normalises after trading blunder, grid operator says https://t.co/n72lDXypxM https://t.co/7NJLh6vs4o
Black Friday in Nordic electricity market, price significantly negative due someone in Norway sent errorneus offer to system. Everybody exploiting the system by using as much electricity as they can, let's see how the grid survives this...
Finland’s grid manager asks the public to keep power consumption at normal levels on Friday after an error by a trader caused prices to plunge into negative territory, meaning some got free power. https://t.co/nXPXDxKuWE