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Energy in Finland describes energy and electricity production, consumption and import in Finland. Energy policy of Finland describes the politics of Finland related to energy. Electricity sector in Finland is the main article regarding electricity in Finland. Finland lacks domestic sources of fossil energy and must import substantial amounts of ...
Renewable energy in Finland. Renewable energy in Finland increased from 34% of the total final energy consumption (TFEC) in 2011 to 48% by the end of 2021, primarily driven by bioenergy (38%), hydroelectric power (6.1%), and wind energy (3.3%). In 2021, renewables covered 53% of heating and cooling, 39% of electricity generation, and 20% of the ...
Gas (0.8%) Peat (1.4%) Other (2.0%) The electricity sector in Finland relies on nuclear power, renewable energy, cogeneration and electricity import from neighboring countries. Finland has the highest per-capita electricity consumption in the EU. [1] Co-generation of heat and electricity for industry process heat and district heating is common.
As of 2023, Finland has five operating nuclear reactors in two power plants, all located on the shores of the Baltic Sea. Nuclear power provided about 34% of the country's electricity generation in 2020. [1] The first research nuclear reactor in Finland was commissioned in 1962 and the first commercial reactor started operation in 1977. [1]
The Olkiluoto Nuclear Power Plant (Finnish: Olkiluodon ydinvoimalaitos, Swedish: Olkiluoto kärnkraftverk) is one of Finland 's two nuclear power plants, the other being the two-unit Loviisa Nuclear Power Plant. The plant is owned and operated by Teollisuuden Voima (TVO), and is located on Olkiluoto Island, on the shore of the Gulf of Bothnia ...
Foreign reserves. $10.51 billion (31 December 2017 est.) [6] All values, unless otherwise stated, are in US dollars. The economy of Finland is a highly industrialised, mixed economy with a per capita output similar to that of western European economies such as France, Germany, and the United Kingdom.
Energy security measures center on reducing dependence on any one source of imported energy or supplier, exploiting renewable energy resources, and reducing demand by energy conservation. Finland is highly dependent on energy import from Russia: 71% of total energy in 2007: Hard coal 92%, raw oil 75% and natural gas 100%.
Wind power in Finland. Wind power in Finland has been the fastest growing source of electricity in recent years. In 2023, Finland covered 18.2% of the yearly electricity demand with wind power production, which was 18.5% of the domestic production. Wind capacity was up 1.3 GW from the previous year and wind production up 25%. [1]