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Home BUSINESSEnergy consumption falls by 7% during Jan-June
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Tue, 23 Sep, 2014 12:07:57 AM
FTimes Report, Sept 23

Total energy consumption during January to June this year decreased by seven per cent from the corresponding period in 2013.  

The energy consumption amounted to around 687 PJ (petajoule) in the first half of 2014, according to Statistics Finland's preliminary data.
 
Electricity consumption was 42.8 terawatt hours (TWh) during the period, which is 1.8 per cent lower than the previous year.
 
Carbon dioxide emissions from the production of energy decreased by six per cent year-on-year. But consumption of peat grew by 12 per cent (3.7 PJ).  
 
Among individual energy sources, the largest reduction of 24 per cent was seen in the consumption of coal (22 PJ).
 
The consumption of natural gas declined by around 14 per cent (8.5 PJ) and that of oil by around five per cent (7.2 PJ). The consumption of wood fuels decreased by around 10 per cent (19 PJ).
Domestic production of electricity decreased by seven per cent year-on-year, the data show.
 
Net imports of electricity to Finland, in turn, went up by 26 per cent and its share of all consumed electricity was 20 per cent during the first half of the year.
 
The volume of electricity imported from Sweden more than doubled, while imports from Russia halved, according to the statistics.
 
Exports of electricity to Estonia continued growing and was more than 3.5-fold the amount exported in 2013.
 
The production of wind power grew by 63 per cent. Diverse energy products were imported into Finland to the value of EUR 6.3 billion during the first half of 2014, which was five per cent less than one year earlier, the data show.
 

Total energy consumption by source (TJ) and CO2 emissions (Mt)

Energy source 4) I-II/2014* Annual change-%* Percentage share of
total energy consumption*
Oil 146,519 -5 21
Coal 1) 68,488 -24 10
Natural gas 50,779 -14 7
Nuclear Energy 2) 124,261 0 18
Net Imports of Electricity 3) 30,874 26 5
Hydro and Wind Power 3) 29,209 4 4
Peat 33,201 12 5
Wood fuels 180,671 -10 26
Others 22,970 -12 3
TOTAL ENERGY CONSUMPTION 686,971 -7 100
Bunkers 14,676 -35 .
CO2 emissions from energy sector 23 -6 .

1) Coal: includes hard coal, coke, blast furnace gas and coke oven gas.
2) Conversion of electricity generation into fuel units: Nuclear power: 10.91 TJ/GWh (33% total efficiency)
3) Conversion of electricity generation into fuel units: Hydro power, wind power and net imports of electricity: 3.6 TJ/GWh (100%)
4) *Preliminary
 

Source: Statistics Finland, Energy supply and consumption.

 

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