Statnett: Nordic Grid development plan
The four Nordic TSOs (Statnett, Fingrid, Energinet, Svenska Krafnat) use the BID3 model to assist in developing their long-term plans for grid expansion in the Nordics
The Nordic power system will continue to change rapidly towards 2040. Demand in the Nordic power grid is growing due to new kinds of electrification and new types of demands. The generation portfolio is changing, with the amount of renewables growing rapidly, and conventional generation being phased out. Renewables are also
growing today without subsidies, which makes it harder to predict which projects will become a reality. Also, the supply-demand balance will change in the future as new generation is built further away from the centres of demand.
A stronger grid enables new renewable generation to enter the market and replace generation from fossil fuels, thus contributing to a fully fossil-free generation portfolio. Furthermore, it may support other sectors, such as the transport sector and steel manufacturing, to electrify and become less dependent on fossil fuels, and thus reduce greenhouse gas emissions.
In this report Energinet, Fingrid, Statnett and Affärsverket svenskakraftnät (Svenska kraftnät) present a common view on the overalldevelopment of the future power system and the status of ongoing and planned investments of Nordic significance. In addition, we present an early outlook for possible future grid investments in five Nordic corridors, revealing a potential to further strengthen capacity between the Nordic countries.
