Finland

2017 Finland Key Figures
Population: 5.51 million
GDP growth rate: 2.80 %/year
Energy independence: 54.1%
Total consumption/GDP:* 90.4 (2015=100)
CO2 Emissions: 8.40 tCO2/capita
Rate of T&D power losses: 3.39%
* at purchasing power parity
Finland Related News
Interested in a daily & world selection of energy articles? More information on Key Energy Intelligence
Finland Related Research

Total Energy consumption

Total energy consumption per capita is almost twice as high as the EU average, at 6.2 toe in 2017, including around 15 000 kWh of electricity (2.7-fold higher than the EU average). The gap is due to a high share of pulp and paper industry activity.

Graph: CONSUMPTION TRENDS BY ENERGY SOURCE (Mtoe)

The country's total consumption has been fluctuating since 2010, reaching ...

Finland energy report

 Total energy consumption

Crude oil production

Oil supplies are primarily ensured by imports, particularly crude oil (more than 80%). In 2017, 81% of crude oil came from Russia, the remainder mostly from Norway and the European Union. Finland is a net exporter of oil products (3.6 Mt in 2017, compared to 3 Mt in 2016), mainly to the European Union.

The country has 2 refineries, in Naantali and Porvoo, owned by Neste Oil, with a ...

EMEA Refineries Dataset

 Crude oil production

Oil products consumption

Oil consumption saw an overall decline between 2006 and 2015 (-2.8%/year), rebounded slightly, against the trend, in 2016, and decreased again in 2017 at 8.6 Mt.

Transport is the largest consuming sector for oil products, although its share is relatively modest (46% in 2017). Industry accounts for 29%, the residential-services sector for 12% and power plants for just 1%; the remainder ...

EMEA Refineries Dataset

 Refined oil products production

Natural gas consumption

Gas consumption has been decreasing sharply since its peak in 2003 (-46% between 2003 and 2017); it was down to 2.3 bcm/year in 2017.

Industry consumed 34% of gas in 2017, alongside CHP power plants consuming 35%. The chemical feedstock industry and district heating sector also consume a large part of the gas.

Graph: NATURAL GAS CONSUMPTION (bcm)

Graph: GAS ...

EMEA LNG Trade Dataset

 Natural gas domestic consumption

Coal consumption

Total coal and peat consumption fell by 57% between 2010 and 2017 (around 55% of peat and 45% of coal in physical terms, but 70% for coal on energy units).

The power sector is the main consumer of coal and peat, with 65% of total consumption in 2017. The share of consumption from industry is relatively low (18%).

Graph: COAL CONSUMPTION (Mt)

Graph: COAL CONSUMPTION ...

 Coal and lignite domestic consumption

Power consumption

Electricity consumption decreased between 2007 and 2017, (-0.5%/year) and, according to preliminary figures, increased slightly in 2018 to 85 TWh. Electricity consumption had increased quite rapidly until 2007 (2.3%/year, on average, between 1990 and 2007).

The share of industry in electricity consumption was 48% in 2017, compared to 27% for the residential sector and 21% for ...

Renewable in % electricity production

In accordance with the Directive on Renewables, renewables must represent 38% of final consumption in 2020 (including 33% of electricity consumption and 20% of transport consumption). This objective was achieved in 2017 and the country now plans to increase the consumption of renewables by 40% out to 2025.

Finland has introduced investment subsidies for renewable power plants: the ...


 Share of renewables in electricity production (incl hydro)

CO2 fuel combustion/CO2 emissions

The Kyoto objective to stabilise GHG emissions at 1990 levels was reached in 2012 when GHG emissions were 12% below their 1990 level. Emissions reached 55.5 Mt in 2017, 22% lower than in 1990.

As other EU members, Finland has a binding 40% GHG emission reduction target by 2030 compared to 1990. The Government plans to cut GHG emissions by 80%-95% by 2050, as announced in the Climate ...

Secured payment by Banque Populaire des Alpes VISA MASTERCARD