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Fri, 19 Jun, 2015 12:06:13 AM FTimes Report, June 19  Total energy consumption. Source: Statistics Finland, Energy supply and consumption. The total energy consumption in January to March amounted to 361 petajoule in the first quarter of 2015, which was almost six per cent less than in the corresponding period in 2014, according to Statistics Finland's preliminary data.
Electricity consumption amounted to 23.4 terawatt hours (TWh), which is two per cent lower than one year earlier.
In the production of energy, carbon dioxide emission decreased by 14 per cent year-on-year.
Among individual energy sources, the largest reduction of 23 per cent was seen in the consumption of peat (6.2 PJ) in the January to March period.
The consumption of coal, including hard coal, coke, and blast furnace and coke oven gas decreased by 11 per cent (4.5 PJ), similarly as that of natural gas (3.4 PJ).
In turn, the consumption of oil grew by four per cent (2.7 PJ) and that of wood fuels fell by six per cent (6.2 PJ), the data show.
Domestic production of electricity declined by five per cent in January to March period compared to the production during the corresponding period of last year.
The nearly three-week stoppage of the Olkiluoto 2 nuclear power station unit in February was visible as there was a seven per cent fall in the amount of electricity produced by nuclear power.
The fallen world market price of electricity has weakened the profitability of condensate power and its production thus went down by 15 per cent, to just eight per cent of the total production.
The production of wind power continued to grow fast and it was 121 per cent bigger than a year ago.
Net imports of electricity went up by eight per cent and their share of all consumed electricity was record high, 22 per cent.
Electricity imported from Russia grew 2.5 fold, returning close to the average for recent years.
Net imports from the Nordic countries contracted by 18 per cent, but were still clearly
greater than in years prior to last year.
Exports to Estonia decreased by just one per cent from last year's record level.
Diverse energy products were imported into Finland to the value of euro 2.3 billion in the January to March period, which was 22 per cent less than one year earlier.
Most energy products were imported from Russia, whose share of the value of imports was 64 per cent. Correspondingly, energy products were exported from Finland to the value of euro one billion, which was 31 per cent less than the previous year.
Most energy products were exported from Finland to EU countries, which accounted for 88 per cent of the value of exports.
Stocks of hard coal were 24 TWh, or 26 per cent greater in March than one year ago. It was estimated that peat stocks contained 15 TWh of energy peat at the end of April, which was 71 per cent more than one year earlier. More News
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