Loss and own-use electricity
About This Opportunity
Häviö- ja omakäyttösähkö — supply contract awarded in Finland by Vaasan Sähköverkko Oy. Awarded to Vaasan Sähkö Myynti Oy (3484498-1).
This is a supplies contract in the energy and power sector. Located in Finland, Europe, this opportunity is open to firms and consortiums, with an estimated budget of EUR 3.7 million.
Published through Hilma Finland, a national government procurement portal. Public procurement tenders follow the country's national bidding regulations and may have specific eligibility and documentation requirements for the supply of goods in the energy and power sector. Supply contracts typically require bidders to demonstrate product compliance with technical specifications, delivery capacity, and relevant certifications. This contract has already been awarded. The information is published for transparency and market intelligence purposes.
Description
Auto-translated from fiLoss and own-use electricity The subject of the procurement is the acquisition of loss and own-use electricity for Vaasan Sähköverkko Oy (hereinafter the client). The procurement includes the open supply of electrical energy to the client's electricity consumption points, including portfolio management services.
The amount of loss electricity to be acquired by the client is approximately 26.7 GWh/year, and the amount of own-use electricity is approximately 0.3 GWh/year, making the total amount approximately 27 GWh/year. The stated amounts are estimates that vary annually. Own-use electricity is used at 17 consumption points. The client reserves the right to add or remove consumption points for own-use electricity under the contract within their normal fluctuations. The client's hourly data for loss and own-use electricity from 1.1.-31.12.2025 will be provided as an annex to the request for tenders.
The procurement will tender the supplier's following margins:
- physical electricity supply margin (€/MWh)
- system price fixation margin (€/MWh)
- area price difference fixation margin (€/MWh).
The principles for portfolio management and price fixation will be agreed upon between the client and the supplier after the contract is signed. In the portfolio management service, the supplier undertakes to actively monitor the markets and the price development of electricity derivatives. The supplier must strive to find favorable price fixation times for the client, propose price fixations to the client, and carry out price fixations at the client's request/approval.
In the procurement, the price of electrical energy consists of the spot supply of physical electricity, the settlement of power-based price fixations made to reduce price risk, the supplier's margin for open supply, and the supplier's margins for system and area price fixations. In addition, the electricity price will include the transmission system operator Fingrid's currently valid volume fee for production and consumption and Datahub's currently valid consumption point-specific fee as pass-through items.
The client reserves the right during the contract period to acquire renewable electricity guarantees of origin for electrical energy based on a separate annual offer from the supplier.
Loss electricity is treated as a single consumption point, although in reality the amount of loss electricity is formed based on the electricity consumption of all consumption points, as well as production and boundary measurements. Loss electricity includes, in addition to electricity transmission and distribution losses, all electricity quantities that cannot be attributed to a specific consumption point based on measured data (e.g., possible measurement errors, etc.).
The fixed-term contract period for the procurement is from 1.1.2027 to 31.12.2029.
According to case law, the procurement of loss and own-use electricity concerns the acquisition of energy related to energy supply as referred to in Section 6, Paragraph 6 of the Special Procurement Act, and therefore does not fall within the scope of the Special Procurement Act or the Procurement Act. However, according to Section 23 of the Electricity Market Act, the network operator must acquire the loss and own-use energy for its electricity network through open, non-discriminatory, and market-based procedures. To meet the aforementioned conditions of the Electricity Market Act, the contracting entity will publish an open procurement notice for the procurement.
Lot 1: Loss and own-use electricity
The subject of the procurement is the acquisition of loss and own-use electricity for Vaasan Sähköverkko Oy (hereinafter the client). The procurement includes the open supply of electrical energy to the client's electricity consumption points, including portfolio management services.
The amount of loss electricity to be acquired by the client is approximately 26.7 GWh/year, and the amount of own-use electricity is approximately 0.3 GWh/year, making the total amount approximately 27 GWh/year. The stated amounts are estimates that vary annually. Own-use electricity is used at 17 consumption points. The client reserves the right to add or remove consumption points for own-use electricity under the contract within their normal fluctuations. The client's hourly data for loss and own-use electricity from 1.1.-31.12.2025 will be provided as an annex to the request for tenders.
The procurement will tender the supplier's following margins:
- physical electricity supply margin (€/MWh)
- system price fixation margin (€/MWh)
- area price difference fixation margin (€/MWh).
The principles for portfolio management and price fixation will be agreed upon between the client and the supplier after the contract is signed. In the portfolio management service, the supplier undertakes to actively monitor the markets and the price development of electricity derivatives. The supplier must strive to find favorable price fixation times for the client, propose price fixations to the client, and carry out price fixations at the client's request/approval.
In the procurement, the price of electrical energy consists of the spot supply of physical electricity, the settlement of power-based price fixations made to reduce price risk, the supplier's margin for open supply, and the supplier's margins for system and area price fixations. In addition, the electricity price will include the transmission system operator Fingrid's currently valid volume fee for production and consumption and Datahub's currently valid consumption point-specific fee as pass-through items.
The client reserves the right during the contract period to acquire renewable electricity guarantees of origin for electrical energy based on a separate annual offer from the supplier.
Loss electricity is treated as a single consumption point, although in reality the amount of loss electricity is formed based on the electricity consumption of all consumption points, as well as production and boundary measurements. Loss electricity includes, in addition to electricity transmission and distribution losses, all electricity quantities that cannot be attributed to a specific consumption point based on measured data (e.g., possible measurement errors, etc.).
The fixed-term contract period for the procurement is from 1.1.2027 to 31.12.2029.
According to case law, the procurement of loss and own-use electricity concerns the acquisition of energy related to energy supply as referred to in Section 6, Paragraph 6 of the Special Procurement Act, and therefore does not fall within the scope of the Special Procurement Act or the Procurement Act. However, according to Section 23 of the Electricity Market Act, the network operator must acquire the loss and own-use energy for its electricity network through open, non-discriminatory, and market-based procedures. To meet the aforementioned conditions of the Electricity Market Act, the contracting entity will publish an open procurement notice for the procurement.
Data provenance
This notice is sourced from Hilma Finland and was originally published on May 6, 2026. Last refreshed 56 days ago. Original language: fi. BidsFactory mirrors official procurement notices and links back to the source for full legal text.
About Vaasan Sähköverkko Oy
Vaasan Sähköverkko Oy has issued 6 procurement notices on BidsFactory, including 0 currently open and 4 awarded contracts. Activity concentrates in Energy & Power, Architecture & Engineering Services, and Governance & Public Administration. All notices are published for Finland. Notices are distributed via TED - Tenders Electronic Daily (EU) and Hilma Finland. Most recent publication: July 9, 2026.
Frequently asked questions about this tender
Is this tender still open?
No — the contract has already been awarded to Vaasan Sähkö Myynti Oy (3484498-1). The award notice is archived on BidsFactory for transparency and market intelligence.
Who is the contracting authority?
This notice was issued by Vaasan Sähköverkko Oy in Finland. The authority is responsible for evaluating bids, awarding the contract, and managing performance.
What type of contract is this?
This is a Supplies contract in the Energy & Power sector. The classification helps bidders match the opportunity to their qualifications and registered scope of supply.
What is the estimated budget?
The estimated contract value is Up to €3,700,000. Bidders should ensure their proposals are consistent with this range and account for any local taxes and contract execution costs.
Where will the contract be performed?
The contract is for delivery in Finland. Foreign bidders should review local registration, taxation, and any in-country presence requirements before submitting.
How can I submit a bid?
Visit Hilma Finland to access the full notice, required documents, and submission instructions provided by the contracting authority.
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