Russia To Halt Electricity Exports To Finland On Saturday

Following Thursday’s report that Russia threatened to cut the flow of gas to Finland, Russia—through its entity RAO, will suspend imports of electricity to Finland as of 1:00 a.m. on Saturday, May 14, Fingrid said on Friday in a statement on its website. The Finnish transmission system operator, Fingrid, claims that the security of Finland’s power supply is not under threat, with 10% of its electricity consumption imported from Russia. Reima Paivinen, Senior VP of Power System Operations at Fingrid, said that whatever electricity…