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Data & Statistics

Finland: Installed electricity capacity, generation and consumption [free access]

September 9, 2016

As of the end of 2015, Finland’s installed generation capacity was estimated to be around 17,175 MW, of which 60 per cent was based on thermal resources, 18 per cent was from hydropower, 16 per cent was nuclear-based and 6 per cent was based on renewable energy. While the country’s total installed capacity grew at a compound annual growth rate (CAGR) of only 0.20 per cent during 2010-15, installed wind generation capacity witnessed a growth of 40 per cent during the same period.

 

Table 1: Growth in Finland's installed electricity capacity (MW)

 

2010

2011

2012

2013

2014

2015E

Hydro

           3,084

           3,111

           3,125

           3,125

           3,153

           3,159

Nuclear

           2,665

           2,685

           2,752

           2,752

           2,752

           2,752

Thermal

         11,019

         11,019

         11,195

         10,813

         10,214

         10,214

Wind

               197

               199

               258

               447

               630

           1,050

Total

16,965

17,014

17,330

17,137

16,749

17,175

Note: Thermal includes capacity based on natural gas, coal, waste, biofuels and oil. 2015 data is based on estimated capacity addition during the year by Energy Market Authority in its National Report 2015.

Source: Finland Statistics; Energy Authority; Global Transmission Research

 

In 2015, Finland generated 67,900 GWh of electricity, about 4 per cent more than the electricity produced in 2014. Electricity consumption during the year was 82,500 GWh, witnessing a decrease of about 1 per cent compared to the 2014 figure. Between 2010 and 2015, electricity generation and consumption declined at a CAGR of 2.5 per cent and 1.2 per cent, respectively.

 

During 2010-15, the country’ power imports increased at a CAGR of 6.5 percent and exports decreased at a CAGR of 0.20 per cent. Finland is a net importer of electricity, with Sweden and Russia being the major suppliers.

 

 

Graph 1: Growth in electricity generation and consumption in Finland (GWh)

data_1_628_01 

Source: Finland Statistics; Fingrid