Finland Outdoor Power Supply

How is electricity produced in Finland?

Electricity is produced in Finland in a versatile way with various different energy sources and production methods. The most important energy sources for electricity generation are nuclear power, hydropower, wood fuels and the fast-growing wind power sector.

What percentage of Finnish electricity is bought from power exchanges?

The share of electricity bought from the power exchange in relation to the Finnish electricity consumption has increased considerably since Finland joined the Nordic power market area in June 1998. The share of electricity procured from Nord Pool and EPEX SPOT power exchanges covered 79 per cent of the Finnish physical consumption in 2023.

How many power plants are there in Finland?

the number of power plants in Finland. In Finland, there are approximately 120 energy companies producing electricity and about 400 power plants, more than half of which are hydroelectric power plants. Finland’s electricity generation is fairly distributed compared with many other European countries.

How much electricity did Finland export in 2023?

The highest hourly load of the year 2023, 13,300 MWh/h, was reached in November. During the peak load hour Finland exported electricity, which is exceptional. Exporting electricity was how-ever possible because of relatively low peak consumption and high wind power production. Do-mestic electricity production was around 14,000 MWh/h at that hour.

Does Finland have a free electricity market?

Finland is part of the European electricity market, which is subject to free competition. In addition to energy sources, production can be divided according to the kind of power plant the electricity is generated in (e.g. whether it is a heating plant or other production) and how the generation takes place timewise.

What information does the Finnish energy industries publish?

The Finnish Energy Industries publishes monthly statistics on electricity, which contains preliminary information on the acquisition and use of electricity for the current year.