Sun, 22 Jun, 2014 12:02:10 AM FTimes Report, June 22  Fuel Prices in Heat Production. Source: Statistics Finland. The warm beginning of the year has led to the decrease of consumption of coal and natural gas and in the prices in heat production in the country.
According to Statistics Finland's data, the price of milled peat used in heat production was 3 per cent lower in the first quarter of the year than a year earlier. The price of forest chippings rose by under 4 per cent from one year before.
Nordic water reserves were on average level during the first quarter of the year. The price of electricity in the Nordic electricity exchange decreased by around 20 to 30 per cent during the first quarter.
The consumer prices of electricity grew by approximately one per cent. The prices of electricity for enterprise and corporate clients declined by a couple of per cent apart from the largest user groups for whom prices increased slightly.
The price of natural gas used in heat production decreased by around 8 per cent and the price of coal dropped by nearly 6 per cent from one year ago. The price of wood pellets used by consumers increased by almost 9 per cent.
Prices of transport fuels declined in the first quarter as did the price of light fuel oil. The excise duties of transport fuels rose at the turn of the year.
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