Finland has a highly reliable and cost-effective energy sector that produces electricity at among the lowest prices in Europe. Finland is a world leader in renewable energy usage, with 32% of its energy coming from renewable sources compared to the EU average of 12.7%. It is also a global leader in bioenergy usage and development. Finland's energy policies focus on energy security, economic development, and environmental sustainability through a decentralized system across over 400 power plants and diversified sources including nuclear, hydro, CHP, and world-leading bioenergy technologies.

1. Invest in Finland, Finpro Porkkalankatu 1, FI-00180 Helsinki, Finland Telephone +358 204 695 555 Fax +358 204 695 201 www.investinfinland.fi
energy sources. This diversified
approach ensures a very stable
energy supply and has kept the price
of electricity, district heating and
different fuels at a competitive level.
Leading the way in
renewable energy
In the overall use of renewable energy,
Finland is one of the leaders in Europe:
renewable consumption as a share
of gross final energy consumption is
32%, while the EU-average is 12.7%.
Yet, Finland is committed to further
increasing the share of renewables,
up to 38% by 2020.
Finland has also been pioneering
district heating, which it is often
produced in cogeneration plants.
Energy-efficient and environmentally-
friendly cogeneration utilises the waste
heat energy generated in electricity
production. District heating accounts
for almost 50% of the country’s total
heating market, and more than 90 %
of the heating in Finland’s biggest
cities.
Finland supports renewable energy
by the feed-in tariff scheme, which
promotes the production of electricity
based on wind power, biogas and
wood-based fuel.
Reliable power for business
Efficient and affordable energy
Foreign investors in Finland can
depend on a highly reliable and cost-
effective power supply to run their
business with maximum efficiency.
Finland’s power generation, transmis-
sion and grid systems are extremely
efficient and the price of electricity
is among the lowest in Europe. EU
Eurostat figures show that in terms of
purchasing power, the price of house-
hold electricity in Finland is one of
the cheapest in the EU countries and
about one third lower than the average
price in the EU.
Secure, constantly evolving and
sustainable policy
Finland’s energy policies are focused
on energy security, economic devel-
opment and environmental sustain-
ability. Power generation in Finland
is decentralised across more than
400 power plants, which use several
different production technologies and
Finland’s energy sector
produces a highly reliable
power supply at a low cost
and is a world leader in the
use of bioenergy.
Energy market
World leader in bioenergy
Finland is one of the world’s leading
users of bioenergy and a developer
of combustion technologies and
effective fuel chains. The Finnish
energy cluster has special expertise
in biomass-powered energy tech-
nologies, cogeneration and power
plant automation.
Cogeneration or CHP (combined
heat and power production) is
exceptionally high in Finland,
resulting in fewer environmental
emissions. Research and develop-
ment is constantly carried out
into the use of renewable energy
resources such as barley ethanol,
turnip rape and logging waste.
Sources and further information
Finland Energy Industries
www.energia.fi/en
Statistic Finland
www.tilastokeskus.fi/index_en
Ministry of Employment and
the Economy
www.tem.fi/en

2. Invest in Finland, Finpro Porkkalankatu 1, FI-00180 Helsinki, Finland Telephone +358 204 695 555 Fax +358 204 695 201 www.investinfinland.fi
Energy market
Net Supplies of Electricity 2012 (85,2 TWh)
Net imports
20,5%
Condense etc.
6,7% CHP, industry
11,0%
CHP, district
heating 15,8%
Nuclear power
25,9%
Wind power
0,6%
Hydro power
19,5%
Source: Finnish energy industries
Source: Eurostat 2012
0.0684
0.0804
0.0809
0.0829
0.0895
0.1097
Finland
Sweden
France
Denmark
Germany
UK
Electricity prices for industrial consumers, EUR per kWh