Finland Energy Information
Finland Key Figures
GDP growth rate: 1.10 %/year
Energy independence: 56.3%
Data of the last year available: 2019
CO2 Emissions: 7.68 tCO2/capita
Rate of T&D power losses: 3.46%
* at purchasing power parity
View all macro and energy indicators in the Finland energy report
Finland Related News
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Finland Related Research
Total Energy Consumption
Total energy consumption per capita is twice as high as the EU average, at 6.2 toe in 2019, 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 remained stable since 2013 (34.5 Mtoe in 2019).
Interactive Chart Finland Total Energy Consumption
Crude Oil Production
Oil supplies are primarily ensured by imports, particularly crude oil (almost 80%). In 2019, 88% of crude oil came from Russia and 12% from Norway. Finland is a net exporter of oil products (3.5 Mt in 2019, compared to 4 Mt in 2018), mainly to the European Union.
The country has 2 refineries, in Naantali and Porvoo, with a total capacity of approximately 256 kb/d. Porvoo was commissioned in 1965 and extended in 2007 and 2009; it has a capacity of 200 kb/d (10 Mt/year). Naantali, which was commissioned in 1957, has a capacity of 56 kb/d (2.8 Mt/year).
Interactive Chart Finland Crude Oil Production
Oil Products Consumption
Since its peak in 2007 (9.9 Mt), oil consumption declined on average by 2%/year, to 7.7 Mt (-22%).
Transport is the largest consuming sector for oil products, although its share is relatively modest (48% in 2018). Industry accounts for 29%, buildings (residential and services) for 13% and district heating for 9%.
Graph: OIL CONSUMPTION (Mt)
Graph: OIL CONSUMPTION BREAKDOWN BY SECTOR (2019, %)
Interactive Chart Finland Refined Oil Products Production
Natural Gas Consumption
Gas consumption decreased by 4% in 2019 to 2.5 bcm, after a 11% increase in 2018. Previously, it declined very rapidly (9%/year) between 2011 and 2017.
Power plants consumed 35% of gas in 2019, followed by industry (33%). The chemical feedstock industry and district heating sector also consume a large part of the gas.
Graph: NATURAL GAS CONSUMPTION (bcm)
Graph: GAS CONSUMPTION BREAKDOWN BY SECTOR (2019, %)
Interactive Chart Finland Natural Gas Domestic Consumption
Coal consumption has remained roughly stable since 2014.
The power sector is the main consumer of coal and peat, with 64% of total consumption in 2019. The share of consumption from industry is relatively low (13%).
Graph: COAL CONSUMPTION (Mt)
Graph: COAL CONSUMPTION BREAKDOWN BY SECTOR (2019%)
Interactive Chart Finland Coal and Lignite Domestic Consumption
Electricity consumption decreased by 1.6% in 2019, after a 1.8%/year increase between 2015 and 2018.Previously, electricity consumption declined by 1.2%/year decline over 2011-2015.
The share of industry in electricity consumption was 47% in 2019, compared to 27% for the residential sector and 21% for services.
Graph: ELECTRICITY CONSUMPTION (TWh)
Graph: ELECTRICITY CONSUMPTION BREAKDOWN BY SECTOR (2019, %)
Renewable in % Electricity Production
Motiva is also in charge of renewables.
According to Finland's NECP, renewables are expected to account for 50% of the country's final energy consumption in 2030 (of which 30% for transport). In accordance with the Directive on Renewables, renewables must represent 38% of final consumption in 2020 (including 33% for electricity and 20% for transport). This objective was achieved in 2014 (43% in 2019, of which 15% in transport).
Interactive Chart Finland Share of Renewables in Electricity Production (incl hydro)
CO2 Fuel Combustion/CO2 Emissions
GHG emissions decreased by 3.7%/year on average since 2011 to 56 MtCO2eq in 2019, 25% lower than in 1990.
In 2019, Finland pledged to become carbon neutral by 2035. According to the Finnish Climate Change Panel (FCCP), the country will have to cut its GHG emissions by at least 70% by 2035 from their 1990 levels to reach the objective. In addition, as other EU members, Finland has a binding 40% GHG emission reduction target by 2030 compared to 1990.
CO2 emissions from energy use decreased by 4.2% per year on average since 2011, to 42 Mt in 2019.
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