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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 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 transport sector.
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.
In 2018 there was zero new installed wind power in Finland. The wind energy share of total electricity demand was 6% in 2018. [8] In 2019 Finnish wind installations resumed and by 2023 wind capacity had increased to 5,678 MW. [9] Wind energy covered 16% of EU electricity demand in 2022.
Nuclear power in Finland. 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 ...
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.
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 ...
Ministry of Economic Affairs and Employment. Website. energiavirasto.fi. The Finnish Energy Authority (Finnish: Energiavirasto) is an expert authority within the Ministry of Economic Affairs and Employment in Finland. It was initially named Electricity Market Center (SMK) and before the most recent name change, Energy Market Authority (EMV).