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Home BUSINESSPrices of hard coal and natural gas fall in 2nd quarter
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Thu, 19 Sep, 2013 12:00:52 AM
FTimes Report, September 19
 
Source: Statistics Finland
Prices of domestic fuels continued rising despite the prices of hard coal and natural gas used in electricity and heat production made a downturn in the second quarter, according to Statistics Finland.
 
Prices of district heat went up by seven to eight per cent depending on the consumption category. Of transport fuels, the prices of diesel and petrol went down.
 
The prices for small users of electricity have risen in the early part of the year, and the prices of bigger consumers of electricity also made an upturn in the second quarter.
 
The prices of the Nordic electricity exchange have been on the rise since March.
 
Higher prices in the Nordic electricity market than in the previous year and low prices of emission rights also made it possible for the production of coal condensate electricity to quadruple in the first half of the year.
 
The price of milled peat used in heat production was 44 per cent higher in the second quarter of the year than one year earlier.
 
The price of forest chippings went up by over 10 per cent from one year earlier and at the same time, their consumption kept growing.
 
The prices of hard coal and natural gas used in heat production decreased by some three per cent from one year ago in the second quarter of 2013.
 
Of transport fuels, the prices of diesel and petrol went down by some two per cent, as did the price of light fuel oil compared to one year earlier.
 
The price of consumer pellets increased by 1.8 per cent in August compared to one year ago.
 
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