Russia to cut power supply to Finland

Moscow. – European Dependency of Rao Nordic Oy, Russian Energy Company Inter RAO announced today that it will cut electricity supply to Finland due to payment problems starting tomorrow.

“We are forced to suspend Electricity import from May 14“, the company explained on its website, at a time when tensions between Russia and Finland are rising, following the latter’s announcement that it may join NATO.

Rao Nordic Oy assures that “Importing electricity from Russia to Finland And have been selling it to Nord Pool exchange for several years, “noting that the sale since May 6 has not yet been credited to our bank account.”

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,this situation is extraordinary And this happened for the first time in more than twenty years of our business history,” the company said, noting that due to lack of cash income it would not be able to pay for electricity imported from Russia and was forced to cut supplies. .

“We are hopeful that the situation will improve soon and electricity trade with Russia can resume,” he said.

Last April, Finnish network company Fingerid reported that will limit power transmission capacity At the border with Russia, that would reduce imported capacity from 1,300 MW to 900 MW.

“This decision is based on an assessment of the risks” power system In the context of the changing international situation,” the Finnish energy company said, referring to the Russian-initiated military conflict in Ukraine.

Inter RAO is the sole export operator and import of electricity in Russia, and its main customer has historically been Finland.

In 2021 alone, Russia supplied 8.2 billion kWh of the total 21.77 billion kWh exports to the neighboring country.

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