Finland’s Power Production Hits 98% of Local Needs by 2023 – A Remarkable Feat!

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Finland generates 98% of domestic power demand in 2023

The total electricity consumption in Finland amounted to 79.8 TWh in 2023, according to Statistics Finland.

Net imports of electricity to Finland went down by 86 per cent.

Only two per cent of electricity consumption was covered by net imports of electricity.

Domestic electricity production covered as much as nearly 98 per cent of Finland's electricity need.

The share of domestic electricity production has last been of this magnitude at the end of the 1970s.

Finland's total electricity consumption decreased by two per cent in 2023.

Domestic electricity production increased by 13 per cent.

Net imports of electricity continued declining from the year before (down by a whopping 86 %). No electricity was imported from Russia in 2023.

Olkiluoto 3 was operational for the first full year. As a result, the share of nuclear power in Finland's total electricity consumption rose to a record high 41 per cent, production being 32.7 TWh.

Electricity demand was largely covered by hydro power, wind power and nuclear power (combined share 78 per cent of total consumption).

Electricity produced by incineration decreased by 23 per cent from the previous year.

Fossil-free electricity production covered 92 per cent of electricity consumption in 2023.

Source: www.dailyfinland.fi

11 Comments
  1. Alexandra92 says

    It’s impressive to see Finland achieving such a high percentage of domestic power generation. The shift towards renewable and nuclear sources is definitely paying off in terms of energy independence and sustainability.

  2. EmilyJohnson says

    Wow, this is impressive! Can you elaborate on how Finland managed to increase domestic electricity production by 13% in just one year?

    1. EthanDavis says

      Hi EmilyJohnson, Finland managed to increase domestic electricity production by 13% in 2023 primarily through investments in renewable energy sources such as hydro power and wind power. The country also saw the operationalization of the Olkiluoto 3 nuclear power plant for the first full year, contributing significantly to the increase. These efforts towards diversifying the energy mix and enhancing efficiency in energy production have played a key role in the remarkable growth of domestic electricity production.

  3. Amanda_Miller says

    I am impressed by Finland’s remarkable achievement in generating 98% of its domestic power demand in 2023. The significant increase in domestic electricity production and the decline in net imports show great progress towards energy independence. It’s inspiring to see the country’s focus on renewable energy sources like hydro power, wind power, and nuclear power. The fact that electricity produced by incineration decreased also highlights a positive shift towards more sustainable practices. Finland serves as a great example for other nations striving for clean and efficient energy solutions.

  4. Emily87 says

    It’s great to see Finland making such significant progress toward self-sustainability in energy production. The increase in domestic electricity production and the decrease in net imports show the country’s commitment to transitioning to more sustainable sources. Let’s hope other countries follow this example!

  5. EmilyJones says

    Impressive achievement by Finland! It’s great to see the country moving towards more sustainable energy sources and decreasing reliance on imports. Hopefully, other nations can learn from their success story.

  6. LucySmith says

    It’s truly impressive to see how Finland has managed to reach almost 98% of its electricity needs through domestic production. This not only reduces dependency on external sources but also strengthens the country’s energy security. Kudos to the efforts towards sustainable and self-reliant power production!

  7. EmilySmith says

    Finland’s achievement is truly impressive! It’s inspiring to see how the country has managed to cover 98% of its electricity needs through domestic production. The significant increase in nuclear power and the reliance on renewable sources demonstrate a strong commitment to sustainability. It’s a great example for other countries to follow.

  8. EmilyJohnson says

    I am truly impressed by Finland’s remarkable achievement in power production, reaching 98% of local needs by 2023. It’s inspiring to see the significant decrease in net imports of electricity and the substantial increase in domestic production, especially with the rise of nuclear power contributing to a record-high share. This sets a great example for other countries striving for sustainable energy solutions.

  9. MiaJohnson says

    Could you provide more details on how the increase in domestic electricity production was achieved in Finland by 2023?

  10. EmilySmith says

    How did Finland manage to increase domestic electricity production by 13 per cent in just one year? Impressive achievement!

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