Electricity sector in Finland
The electricity sector in Finland relies on nuclear power, renewable energy, cogeneration and electricity import from neighboring countries. Finland has the highest per-capita electricity consumption in the EU. Co-generation of heat and electricity for industry process heat and district heating is common. Finland is one of the last countries in the world still burning peat.
Finland electricity by mode of production 2023*
As part of the energy transition Finland has been replacing electricity generation from fossil fuels with nuclear power and renewables. Wind power in particular has grown to be a significant part of electricity generation. A fifth nuclear reactor, Olkiluoto 3 was commissioned in 2023 and increased nuclear power generation by over 50%.
Finland is part of the synchronous grid of Northern Europe.