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Finland Energy Information

Finland Key Figures

Population: 5.53 million
GDP growth rate: 1.10 %/year
Energy independence: 56.3%

Data of the last year available: 2019
Total consumption/GDP:* 87.7 (2005=100)
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

Benefit from up to 2 000 up-to-date data series for 186 countries in Global Energy & CO2 data

A data overview is available in the global energy statistics app

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

Benefit from up to 2 000 up-to-date data series for 186 countries in Global Energy & CO2 data

View the detailed fondamentals of the market at country level (graphs, tables, analysis) in the Finland energy report

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

Benefit from up to 2 000 up-to-date data series for 186 countries in Global Energy & CO2 data

Additionally, for more detailed information on refineries, you can request a sample of our EMEA Refineries Dataset

Oil Products Consumption

Since its peak in 2007 (9.9 Mt), oil consumption has 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

Benefit from up to 2 000 up-to-date data series for 186 countries in Global Energy & CO2 data

Additionally, for more detailed information on refineries, you can request a sample of our EMEA Refineries Dataset

Natural Gas Consumption

Gas consumption decreased by 4% in 2019 to 2.5 bcm, after an 11% increase in 2018. Previously, it had 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

Benefit from up to 2 000 up-to-date data series for 186 countries in Global Energy & CO2 data

Additionally, for more detailed information on the LNG trade, you can request a sample of our EMEA LNG Trade Dataset

Coal 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

Benefit from up to 2 000 up-to-date data series for 186 countries in Global Energy & CO2 data

View the detailed consumption trends at country level (graphs, tables, analysis) in the Finland energy report

Power 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 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)

Benefit from up to 2 000 up-to-date data series for 186 countries in Global Energy & CO2 data

Learn more about renewables in the European Renewable Energy Report

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 have decreased by 4.2% per year on average since 2011, to 42 Mt in 2019.

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