Electricity procurement

Summary

The tender concerns the purchase of electricity for the City of Kemijärvi group. The contract will define the electricity supplier’s margins and contract terms. Electricity will be invoiced monthly, and the price will consist of the supplier’s margins, quarter-hour spot delivery and the settlement of power-based price hedges used to reduce price risk. In addition, Fingrid balancing service production and consumption volume charges and Datahub site-specific charges will be passed through according to the price lists in force during the delivery period. The participating organisations are listed in Appendix 1.