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Thu, 18 Dec, 2014 12:07:16 AM FTimes Report, Dec. 18  Fuel Prices in Heat Production. Source: Statistics Finland, Energy prices. The prices of fossil fuels and electricity continued to fall in the third quarter of the year, according to Statistics Finland’s data.
The prices of domestic fuels in turn rose slightly compared with the corresponding period of the previous year.
The system price of the Nordic electricity exchange derived from the sale and buy bids on the exchange was approximately 11 per cent lower than one year earlier.
Due to electricity transmission restrictions, the Finnish area price remained 10 to 30 per cent higher than the system price, but was still, on average, 11 per cent lower than last year.
The prices for small users of electricity decreased by around one per cent. The prices for enterprise and corporate clients fell by around three per cent for the smallest consumers and by nearly six per cent for the biggest consumers.
The price of natural gas used in heat production fell by nearly three per cent and the price of coal by around one per cent, while the prices of milled peat and forest chippings rose by one per cent from one year ago.
The price of wood pellets used by consumers increased by around ten per cent.
The prices of motor gasoline and diesel oil started to fall by two to three per cent at the end of the third quarter.
The price of light fuel oil went down by nearly seven per cent compared with the corresponding period of one year ago due to the fallen world market prices of crude oil, the statistics show.
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