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Home BUSINESSHard coal consumption falls by 24%
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Sun, 30 Aug, 2015 12:20:45 AM
FTimes Report, Aug 30
 
Consumption of hard coal, 1,000 tonnes. Source: Consumption of hard coal, Statistics Finland.
Consumption of hard coal decreased by 24 per cent in the January to June period compared with the corresponding period of last year, according to Statistics Finland's preliminary data.
 
Consumption as a fuel in the generation of electricity and heat amounted to 1.5 million, corresponding to around 38 petajoules in energy content.
 
Compared to the average for the January to June period in the 2000s, consumption of hard coal was now 41 per cent lower, the statistics show.
 
Consumption of hard coal dropped most in plants of separate production of electricity, in all by 57 per cent.
 
The drop in the hard coal consumption was influenced by the mild winter and particularly by the rainy early summer, which in part resulted in a clear fall in electricity exchange prices.
 
The hard coal consumption in Finland typically fluctuates seasonally. Some of the fluctuation is explained by the natural variation in the need for electricity and heat between the summer and winter seasons.
 
At the end of June 2015, stocks of hard coal totalled 3.4 million tonnes, or five per cent more than one year earlier as per the data.
 
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