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Published: 23 June 2010

Total energy consumption grew by 12 per cent

According to Statistics Finland's preliminary data, total energy consumption grew by 12 per cent year-on-year in the first quarter of the year. Consumption of electricity increased by 7 per cent. Energy consumption was put up by the cold weather in the early part of the year and by the recovered industrial production from the year before. Carbon dioxide emissions from energy production and use grew by nearly 20 per cent from twelve months ago. Emissions were put up by increased use of fossil fuels. Over 90 per cent more condensate power was produced with coal than one year earlier.

Total energy consumption, petajoule (1 petajoule = 1,000 terajoule)

Emissions increased from the year before

The worsened water situation from the year before decreased the production of hydro power by 25 per cent. Among the other zero emission energy sources, the production of nuclear power was on level with the year before while the production of wind power decreased by just under one per cent. Along with the grown output of the forest industry the use of wood-based fuels increased by 7 per cent. However, this was by less than the growth of total consumption, so that their share of total consumption diminished from the previous year. The production of condensing power went up due to the diminished supply of hydro power and the cold weather in the early months of the year. The consumption of coal (includes here coal, coke and blast furnace and coke oven gas) and peat showed growth of nearly 40 per cent. The consumption of natural gas also went up by 18 per cent from the year before. Oil consumption showed 10 per cent growth. The increased use of fossil fuels and peat put carbon dioxide emissions up considerably. Carbon dioxide emissions were last at this level during the corresponding examination period of 2004.

 

Finland was net seller on the Nordic electricity market

Imports of electricity went up slightly but strong growth in electricity exports turned net imports of electricity to a decline. Throughout the past six months Finland has been a net seller on the Nordic electricity market. Electricity exports increased because of the poor water situation in the Nordic countries and maintenance shutdowns at nuclear power plants in Sweden. Despite the grown exports, over 8 per cent of Finland's electricity consumption was covered by net imports of electricity. Most of the imported electricity originated from Russia. In the early part of the year, the volume of electricity imports from Russia covered 12 per cent of total electricity consumption.

Fuel prices on the rise

From January to April fuel prices were going up. The prices of transport fuels rose by over 10 per cent and the price of light fuel oil by over 20 per cent from January 2009. Over the same time period the price of natural gas went up by 5 per cent. Cold weather in the early part of the year put the market price of electricity up strongly. The poor water situation in the Nordic countries and the paucity of the supply of nuclear power in Sweden caused strong peaks to the market price of electricity. At the most expensive trading hours the price of electricity in the Nordic electricity exchange Nord Pool reached as high as EUR 1,400 per megawatt hour. Towards the spring the price of electricity fell but still remained clearly above the previous year's level.

Sources: Energy supply, consumption and prices 2010, 1st quarter. Statistics Finland

Inquiries: Mr Anssi Vuorio +358 9 1734 2685, energia.tilastokeskus@stat.fi

Director in charge: Leena Storgårds

Tables

Appendix tables

Figures

Last updated 23.6.2010

Referencing instructions:

Statistics: Energy supply, consumption and prices [e-publication].
ISSN=1798-338X. 1st quarter 2010. Helsinki: Statistics Finland [referred: 23.7.2019].
Access method: http://www.stat.fi/til/ehkh/2010/01/ehkh_2010_01_2010-06-23_tie_001_en.html