Connect with us

Hi, what are you looking for?

Latest News

Finland investigates outage of undersea power link to Estonia, Finnish PM says

Finland’s Prime Minister Petteri Orpo said on Wednesday authorities in his country were investigating an undersea power cable outage on a line connecting Finland and Estonia.

An unplanned break in service on the Estlink 2 interconnector occurred at 1026 GMT, operator Fingrid said in a statement on the Nordpool regulatory web site, reducing its available capacity to 358 megawatts (MW) from an installed capacity of 1,016 MW.

“Even at Christmas the authorities are on standby to investigate the matter,” Orpo said in a post on X.

The interruption did not affect Finland’s electricity supply, he added.

Authorities in the region have been on high alert for potential acts of sabotage following a string of outages of power cables, gas pipelines and telecom links in the Baltic Sea in recent years, although subsea cables are also subject to technical malfunctions and outages caused by accidents.

“An investigation into the incident has been initiated,” Fingrid control room manager Arto Pahki said in a statement.

At the time of the outage the electricity had been flowing in the direction from Finland to Estonia at a rate of 658 MW, Fingrid said.

This post appeared first on cnn.com

Enter Your Information Below To Receive Free Trading Ideas, Latest News And Articles.






    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    You May Also Like

    Stock

    In this edition of StockCharts TV‘s The Final Bar, Dave shows how breadth conditions have evolved so far in August, highlights the renewed strength in the...

    Stock

    Major equity indexes rose on Friday after a selloff that hit the Technology sector especially hard. But this doesn’t necessarily mean that everything is...

    Latest News

    President Joe Biden travels to Triangle, Virginia, Monday to mark Earth Day, where he’ll unveil $7 billion in grant funding for solar power under...

    Latest News

    Britain’s Prince and Princess of Wales have released a new photo of Prince Louis to mark his sixth birthday on Tuesday, the first image...

    Disclaimer: Dealwithbiz.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2024 Dealwithbiz.com