Energy Magazine June 2022 | Page 85

SMART GRIDS
Datahub will eventually enable the formation of ‘ energy-sharing communities ’, as well as the 2023 introduction of a 15-minute imbalance settlement period . Finland , and all of Europe , will move to this shorter period to allow the price of electricity to be valued more accurately , with the aim of promoting new technology investment and increasing sustainability .
“ In an era of climate change and energy transformation , the smooth functioning of the electricity market and the use of data is more critical than ever before ,” said Leena-Mari Lähteenmaa , President and Managing Director of CGI ' s operations in Finland .
“ Datahub is at the digital heart of the electricity market . In building it , we leveraged our international experience and expertise in building market platforms for energy industries in various countries .” energydigital . com 85