The Finnish Energy Authority (Finnish: Energiavirasto) is an expert authority within the Ministry of Economic Affairs and Employment in Finland. It was initially named Electricity Market Center (SMK) and before the most recent name change, Energy Market Authority (EMV).
| Energimyndigheten | |
| Agency overview | |
|---|---|
| Formed | 2014 |
| Preceding agency |
|
| Headquarters | Lintulahdenkuja 2 A Sörnäinen, Helsinki |
| Employees | 111 (2023)[1] |
| Annual budget | €12.4 million (2023)[2] |
| Agency executives |
|
| Parent agency | Ministry of Economic Affairs and Employment |
| Website | energiavirasto.fi |
Background
editElectricity transmission in Finland is a natural monopoly, managed by regional transmission companies. The Energy Authority oversees these companies to ensure they do not abuse their monopoly position and overcharge their customers.
Functions
editThe Energy Authority's tasks include monitoring the pricing of the electricity transmission grid and natural gas markets, and maintaining Finland's national emission trading registry. The agency also provides information on electricity prices to consumers to support the competition of electricity suppliers. Additionally, the Energy Authority oversees the implementation of electricity origin guarantees, ensuring that the amount of energy sold to consumers by energy companies, such as wind energy, is produced by wind power. The Energy Authority also administers the renewable energy feed-in tariffs that came into effect in 2011.
Regarding emissions trading, the Energy Authority grants and monitors emissions permits, oversees the implementation of emissions trading, approves emissions verifiers, and acts as the auctioneer of emission allowances in Finland.[3][4]
History
editIn early 2014, the Energy Authority adopted its current name and assumed tasks related to energy efficiency and the promotion of renewable energy from the Ministry of Economic Affairs and Employment.[5] At that time, the Energy Authority employed 70 people. Simo Nurmi has been the Director-General since April 2015.[6]
See also
editReferences
edit- ^ "Henkilöstötiedot". Tutkihallintoa.fi (in Finnish). Retrieved 22 March 2024.
- ^ "Talousarviotalous eli budjettitalous". Tutkihallintoa.fi (in Finnish). Retrieved 22 March 2024.
- ^ "Päästökauppa käy nihkeästi: huutokauppa peruttiin". Kepa. 2013. Archived from the original on 22 February 2014. Retrieved 4 February 2014.
- ^ "Valtio sai ensimmäiset tulot päästöoikeuksien huutokaupasta | Taloussanomat". 14 November 2012. Archived from the original on 21 February 2014. Retrieved 22 March 2024.
- ^ "Historia". Energiavirasto. 2014. Archived from the original on 14 March 2014. Retrieved 5 August 2014.
- ^ "Simo Nurmi Energiaviraston ylijohtajaksi". Ministry of Economic Affairs and Employment. 12 March 2015. Archived from the original on 17 March 2015. Retrieved 18 August 2015.