Electricity sector in Finland

Main article: Energy in Finland

Finland electricity by mode of production 2023*

  Hydro (18.8%)
  Wind (18.1%)
  Solar (0.8%)
  Nuclear (41.0%)
  Wood (12.8%)
  Imports (2.2%)
  Coal (1.9%)
  Oil (0.2%)
  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. Finland is one of the last countries in the world still burning peat.[2]

As part of the energy transition Finland has been replacing electricity generation from fossil fuels with nuclear power and renewables. Wind power in particular has grown to be a significant part of electricity generation.[3] A fifth nuclear reactor, Olkiluoto 3 was commissioned in 2023 and increased nuclear power generation by over 50%.

Finland is part of the synchronous grid of Northern Europe.

  1. ^ "Electric power consumption (kWh per capita) - European Union". World Bank. Retrieved 2023-02-24.
  2. ^ "Peat production drops faster than expected in Finland – but may be on the way back". YLE News. 2022-04-19. Retrieved 2022-06-14.
  3. ^ Cite error: The named reference tilastokeskus2 was invoked but never defined (see the help page).