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Home BUSINESSEnergy consumption falls by 2% in 2014
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Tue, 24 Mar, 2015 12:09:17 AM
FTimes Report, Mar 24
 
Total energy consumption, final consumption and carbon dioxide emissions 1990–2014*. Source: Statistics Finland, Energy supply and consumption.
Total energy consumption in 2014 amounted to approximately 1,340 petajoule (PJ) or around 372 terawatt hours (TWh), which was more than two per cent less than in 2013, according to Statistics Finland’s preliminary data.
 
Electricity consumption amounted to 83.3 TWh, down by around one per cent year-on-year.
 
The need for heating energy was reduced by the warmer weather than usual. In turn, the improved water situation in the Nordic countries increased net imports of electricity by 14 per cent, the data show.
 
In the production of energy, carbon dioxide emission decreased by six per cent year-on-year.
 
The warmer weather than usual last year and the increase in net imports of electricity contributed to the decreasing consumption of fossil and wood fuels.
 
Among individual energy sources, the largest reduction of 14 per cent was seen in the consumption of natural gas last year.
 
The consumption of coal also decreased clearly, by 11 per cent while the consumption of oil went down by three per cent.
 
The use of peat compared to the year before increased by nine per cent, which was explained as an exceptionally low use of peat in 2013.
 
The use of wood fuels diminished by nearly two per cent and it covered around one-quarter of total energy consumption in Finland as per the statistics.
 
The use of fossil fuels diminished by seven per cent from the previous year and raised the share of renewable energy by one percentage point.
 
The share of renewable energy in total energy consumption, however, rose to 32 per cent last year.
 
The final consumption of energy went down by one per cent.  
 
The share of manufacturing in final energy consumption was 47 per cent, which was unchanged from twelve months before.
 
The share of space heating of buildings, which decreased by one per cent from 2013, is one quarter of the final consumption of energy.
 
The use of energy consumption in transport went down by one per cent, the share of consumption remained almost on level with the year before.
 
Net imports of electricity reached a new record level, up by 14 per cent (8.1 PJ) as the share of net imports in the electricity consumed in Finland was 22 per cent.
 
Imports of electricity from Sweden increased by 47 per cent and the imports from Russia, on the other hand, went down by 28 per cent.
 
Exports of electricity to Estonia had more than doubled while domestic production of electricity decreased by four per cent year-on-year.
 
The warm weather had an effect on the drop in the volume of electricity generated in combined heat and power production by nearly seven per cent.
 
The production of condensate power went down by 25 per cent, primarily due to the better water situation in the Nordic countries compared to the previous year. Wind power production continued its brisk growth, up by 44 per cent.
 
Even though wind power production has quadrupled in five years, its share of Finland's total consumption is 0.3 per cent, according to the data.
 
Last year, diverse energy products were imported into Finland to the value of euro ten billion, which was 25 per cent less than one year earlier.
 
Total energy consumption by source (TJ) and CO2 emissions (Mt)

 

Corrected at 5 pm on 23 March 2015. The corrections are indicated in red.
Energy source, TJ 4) 2014* Annual change-%* Percentage share of
total energy consumption*
Oil 308,693 -3 23
Coal 1) 134,823 -11 10
Natural gas 91,678 -14 7
Nuclear energy 2) 247,174 0 18
Net imports of electricity 3) 64,690 14 5
Hydro power 3) 47,523 4 4
Wind power 3) 4 007 44 0
Peat 62,260 9 5
Wood fuels 333,198 -2 25
Others 46,077 -9 3
TOTAL ENERGY CONSUMPTION 1,340,123 -2 100
Bunkers 28,639 -11 .
CO2 emissions from energy sector 45 -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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