Russia to cut electrical power to Finland tomorrow over ‘payment problems’

    By
    Emily Sørensen
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    Helsinki / Finland - JUNE 28, 2021: An old power plant with two smoke stacks. Modern skyscrapers in the background.

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    Tensions are increasing over Finland’s application to sign up with NATO (Picture: Getty Images/ iStockphoto)

    A Russian state energy business will stop providing power to Finland from tomorrow as stress in between the 2 nations grow.

    Electricity exported by Inter RAO will be suspended from tomorrow, as its Nordic subsidiary is‘not able to make payments’

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    RAO Nordic stated it is ‘not able to make payments for the imported electricity from Russia’.

    Finland’s grid business, Fingrid, stated there is ‘no threat to the adequacy of electricity’ in the nation.

    It stated power from Russia represented some 10% of the country’s overall power usage.

    ‘Missing imports can be replaced in the electricity market by importing more electricity from Sweden and partly also by domestic production,’ Fingrid included.

    But still, the news will contribute to stress installing over Finland’s choice to request NATO subscription.

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    The relocation has actually outragedRussia, whose ambassador to the EU threatened a ‘military and technical response’ if the nation signs up with the pro-Western military alliance.

    Earlier, theKremlin stated the country’s quote to sign up with NATO is‘definitely’ a risk toRussia which would be consulted with‘retaliatory steps’(******************* ).

    If it did sign up with, it stated it would need to boost its forces in theBaltic(********************************************************************************************************************************************************************************** )raising the possibility of releasing nuclear weapons in the location.

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    Fingrid statedNordPool, the pan-European power exchange, had actually not paidInter RAO considering thatMay 6 for electrical power it purchased from theRussian energy.

    ‘Nord Pool is the one paying for them,’ stated Fingrid’s senior-vice president for operations,ReimaPaivinen

    He included:‘Fingrid is not a party in this electricity trade, we provide the transfer connection from Russia to Finland.’

    A representative forNordPool stated the business did not discuss this sort of information.

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