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Finland will be self-sufficient in electricity within two years

Tuesday, September 13 2022

General – Finland

Finland will be self-sufficient in electricity within a year or two, predicts Minister of Economic Affairs Mika Lintilä (Cen).

Interviewed on the Yle current-affairs programme Ykkösaamu on Saturday, Lintilä said that this is due to investments in domestic electricity production.

Finland has diversified its energy palette in a planned manner, he said.

This year wind power could meet 12 percent of Finland’s electricity needs – nearly as much as the new Olkiluoto 3 nuclear reactor is to supply.

If the Olkiluoto 3 (OL3) nuclear reactor works as planned after the turn of the year, Finland will take a step towards electricity self-sufficiency. The long-delayed unit is undergoing test runs, and could reach full capacity in December.

According to Lintilä, two things are certain. “There’s no going back to the old situation. We know that Finland will be self-sufficient in electricity within two years. We have investments in domestic electricity production to thank for that.”

Wind power is being built in Finland at a record pace this year, reports the business daily Kauppalehti. More wind turbines have been built in Finland in the first half of 2022 than in the entire previous year combined.

Last year, a record 141 new turbines were built. That record was surpassed in June, with 154 new units completed in the first six months of 2022.

As the end of June, Finland’s wind power capacity was approximately 4,000 megawatts. This year wind power could meet 12 percent of Finland’s electricity needs – nearly as much as OL3 is predicted to supply.

Interviewed on the Yle current-affairs programme Ykkösaamu on Saturday, Lintilä said that this is due to investments in domestic electricity production.

Finland has diversified its energy palette in a planned manner, he said.

This year wind power could meet 12 percent of Finland’s electricity needs – nearly as much as the new Olkiluoto 3 nuclear reactor is to supply.

If the Olkiluoto 3 (OL3) nuclear reactor works as planned after the turn of the year, Finland will take a step towards electricity self-sufficiency. The long-delayed unit is undergoing test runs, and could reach full capacity in December.

According to Lintilä, two things are certain. “There’s no going back to the old situation. We know that Finland will be self-sufficient in electricity within two years. We have investments in domestic electricity production to thank for that.”

Wind power is being built in Finland at a record pace this year, reports the business daily Kauppalehti. More wind turbines have been built in Finland in the first half of 2022 than in the entire previous year combined.

Last year, a record 141 new turbines were built. That record was surpassed in June, with 154 new units completed in the first six months of 2022.

As the end of June, Finland’s wind power capacity was approximately 4,000 megawatts. This year wind power could meet 12 percent of Finland’s electricity needs – nearly as much as OL3 is predicted to supply.

Related posts:

  1. Vattenfall gets to build Finland’s first large offshore wind farm
  2. OX2 to develop 1,400 MW wind farm offshore Finland
  3. Site survey for 1.2GW Finnish offshore wind farm
  4. Finnish shipbuilder secured order for three hybrid-ready SWATH CTVs

Filed Under: Finland, International News, Nuclear power Tagged With: Finland, Olkiluoto 3 nuclear reactor

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