Why is Finnish energy so important?

Finnish energy power plants and electricity and district heating networks are constantly maintained and renewed, and therefore outages or disruptions are rare. Finland has made decisions on energy with a strong emphasis on climate and the environment. Finnish energy industry works for sustainable energy generation with as low emissions as possible.

What percentage of Finland's energy supply is based on fossil fuels?

In 2021, fossil fuels covered 36% of Finland’s total energy supply (TES), the second-lowest share among IEA countries and much lower than the IEA average of 70%. Finland has no domestic fossil fuel production and all supplies of crude oil, natural gas and coal are imported.

Why is nuclear energy important in Finland?

Nuclear energy plays a key role in Finland’s energy sector and is a central part of the government’s plans to achieve carbon neutrality by 2035 and reduce energy import dependence. Nuclear is the largest source of electricity generation in Finland, amounting to 33% of total electricity generation in 2021.

What kind of energy does Finland use?

Finland has no domestic fossil fuel production and all supplies of crude oil, natural gas and coal are imported. The energy intensity of the economy and energy consumption per capita are both very high due to the country’s relatively large heavy industry sector and the high heating demand from its cold climate.

What is the largest source of electricity in Finland?

Nuclear is the largest source of electricity generation in Finland, amounting to 33% of total electricity generation in 2021. This figure is expected to increase to more than 40% following the start of operations of the Olkiluoto 3 reactor on 16 April 2023.

What is Finland's Energy Policy?

Finland’s energy policy is focused on reducing the use the gas, especially following the cut‑off of gas supplies from the Russian Federation (hereafter “Russia”), formerly Finland’s main supplier.