Electricity procurement

Summary

The tender concerns the purchase of electricity for the City of Loviisa group and related entities. The winning supplier must offer electricity sales margins and contract terms, with monthly invoicing. The price consists of the supplier’s margins, quarter-hour spot delivery and settlement of power-based price hedges used to reduce price risk; in addition, Fingrid’s balancing service production and consumption volume fee and Datahub site-specific fees are passed through. The notice also states that e-invoicing or an electronic process is required.