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TwitterThe average wholesale electricity price in October 2025 in Finland amounted to ***** euros per megawatt-hour. Prices reached a peak in August 2022, amounting to ****** euros per megawatt-hour.
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Finland FI: Electricity Price: HC: Between 2500 & 4999 KwH: excl Taxes & Levies data was reported at 0.176 EUR/kWh in Jun 2024. This records an increase from the previous number of 0.171 EUR/kWh for Dec 2023. Finland FI: Electricity Price: HC: Between 2500 & 4999 KwH: excl Taxes & Levies data is updated semiannually, averaging 0.108 EUR/kWh from Dec 2007 (Median) to Jun 2024, with 34 observations. The data reached an all-time high of 0.193 EUR/kWh in Jun 2023 and a record low of 0.087 EUR/kWh in Dec 2007. Finland FI: Electricity Price: HC: Between 2500 & 4999 KwH: excl Taxes & Levies data remains active status in CEIC and is reported by Eurostat. The data is categorized under Global Database’s Finland – Table FI.Eurostat: Electricity Price: Household Consumers.
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TwitterIn the third quarter of 2025, Bermuda had the highest household electricity prices worldwide, followed by Ireland, Italy, and Germany. At the time, Irish households were charged around 0.44 U.S. dollars per kilowatt-hour, while in Italy, the price stood at 0.42 U.S. dollars per kilowatt-hour. By comparison, in Russia, residents paid almost 10 times less. What is behind electricity prices? Electricity prices vary widely across the world and sometimes even within a country itself, depending on factors like infrastructure, geography, and politically determined taxes and levies. For example, in Denmark, Belgium, and Sweden, taxes constitute a significant portion of residential end-user electricity prices. Reliance on fossil fuel imports Meanwhile, thanks to their great crude oil and natural gas production output, countries like Iran, Qatar, and Russia enjoy some of the cheapest electricity prices in the world. Here, the average household pays less than 0.1 U.S. dollars per kilowatt-hour. In contrast, countries heavily reliant on fossil fuel imports for electricity generation are more vulnerable to market price fluctuations.
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Finland FI: Electricity Price: HC: Total kWh: excl Taxes & Levies data was reported at 0.148 EUR/kWh in Jun 2024. This records an increase from the previous number of 0.142 EUR/kWh for Dec 2023. Finland FI: Electricity Price: HC: Total kWh: excl Taxes & Levies data is updated semiannually, averaging 0.144 EUR/kWh from Dec 2021 (Median) to Jun 2024, with 6 observations. The data reached an all-time high of 0.148 EUR/kWh in Jun 2024 and a record low of 0.107 EUR/kWh in Dec 2021. Finland FI: Electricity Price: HC: Total kWh: excl Taxes & Levies data remains active status in CEIC and is reported by Eurostat. The data is categorized under Global Database’s Finland – Table FI.Eurostat: Electricity Price: Household Consumers.
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In 2024, the Finnish electricity supply meter market increased by 43% to $68M, rising for the third year in a row after two years of decline. Over the period under review, consumption, however, saw a perceptible contraction. Over the period under review, the market reached the peak level at $86M in 2012; however, from 2013 to 2024, consumption failed to regain momentum.
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TwitterThe survey charted Finnish values and attitudes, focusing on climate change, public finances and debt, market economy, energy crisis followed by the Russian invasion of Ukraine, national security, Finland's membership in NATO, and foreign investment. First, the respondents were asked to what extent they agreed or disagreed with 60 attitudinal statements related to the main themes. Some questions investigated the energy crisis. The respondents were asked how threatening they considered rising energy prices be to national economy and to their own and other people's livelihood, how problematic potential power cuts would be and what was the main heating system in their home. They were asked how likely it was that they would undertake certain measures to adapt to higher energy prices (shorten showering time, use electricity at cheaper times etc). Opinions were charted on different power and heating sources. Financial matters were studied with questions relating to household finances, estimates of the development of the respondent's own and national finances, and measures to support household and public finances. Views on expenditure cuts to different public sectors and services were surveyed. Climate change attitude questions investigated how possible the respondents considered adopting certain measures to combat climate change to be. Measures mentioned included giving up eating meat, dairy products or flying, reducing room temperature at home, teleworking, moving to a smaller home etc. NATO-related questions focused on attitudes to Finland's NATO membership. The respondents were also presented a number of factors and asked whether these were strengths or weaknesses when Finland competed for investments. Opinions were charted on Finland's EU membership and the adoption of the euro. Background variables included the respondent's age group, number of inhabitants in the municipality of residence, region (NUTS3), type of employer, working hours, type of employment contract, education, economic activity and occupational status, employment sector, trade union membership, what political party would vote for in parliamentary elections, self-perceived social class, mother tongue and year of birth.
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TwitterFinland's renewable energy capacity reached nearly **** gigawatts in 2024, marking a significant ***** percent increase from the previous year. This growth reflects a consistent upward trend in the country's renewable energy sector over the past decade, highlighting Finland's commitment to sustainable power generation. Renewable energy consumption and generation The expansion in renewable energy capacity has translated into increased consumption and electricity generation from renewable sources. By 2024, Finland's renewable energy consumption amounted to approximately ******* terajoules, showing consistent growth since 2014. In terms of electricity generation, renewables produced nearly **** terawatt-hours in 2022, demonstrating a rising trend in clean energy production. Impact on energy mix and consumer prices The growing renewable energy sector has positively influenced Finland's overall energy mix. In 2023, renewable sources accounted for **** percent of gross final energy consumption, up from **** percent in the previous year. This shift towards renewables has helped mitigate the impact of rising fuel prices and sanctions against Russian fossil fuel imports. However, energy prices remain a concern, as reflected in the harmonized index of consumer prices for energy, which stood at ****** points in May 2023, down from ****** in January of the same year.
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Down-regulation price in the Balancing energy market. The price of the cheapest regulating bid used in the balancing power market during the particular hour; however, at the most the price for price area Finland in Nord Pool Spot (Elspot FIN).Down-regulating price in Finland is the price of the most expensive down-regulating bid used in the Balancing energy market during the hour in question; however, it is at the most the day ahead market price for the price area Finland. Down-regulating price for each hour is published hourly with one hour delay, eg. information from hour 07-08 is published at 9 o'clock. Balancing energy market is marketplace for manual frequency restoration reserve (mFRR) which is used to balance the electricity generation and consumption in real time. The Balancing energy market organized by Fingrid is part of the Nordic Balancing energy market that is called also Regulating power market. Fingrid orders up- or down-regulation from the Balancing energy market. Down-regulation considers increasing of consumption or reducing of generation.
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TwitterThe natural gas prices for household end users (excluding taxes, levies, and VAT) in Germany increased by 0.03 euro cents per kWh (+18.75 percent) in the first half of 2022. Therefore, the natural gas prices in Germany reached a peak in the first half of 2022 with 0.19 euro cents per kWh. Notably, the natural gas prices have been, with the exception of 2019 S2, continuously increasing over the last six monthss.The prices include electricity/basic price, transmission, system services, meter rental, distribution and other services.Find more key insights for the natural gas prices for household end users (excluding taxes, levies, and VAT) in countries like Ireland, Finland, and Romania.
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TwitterThe survey charted Finnish attitudes to energy production and energy strategy. The data are part of an extensive survey series launched in 1983. The respondents' conceptions, opinions, beliefs, assessments, attitudes and knowledge about various energy issues were studied by presenting several statements relating to energy production. The respondents were also asked whether Finland should increase or decrease the use of certain energy sources (e.g. coal, peat, natural gas, nuclear power, water power, wind power, bioenergy) in electricity generation. Some questions focused on the decision made by the Finnish Parliament to approve the construction of a fifth nuclear power plant. The respondents were asked whether they approved of the decision or not, had the debate on the issue changed their attitude towards nuclear power, and would the decision have a positive or negative impact on the standard of living in Finland, employment, safety, image of Finland, electricity prices, environment, industry etc. The Parliament's decision only meant that a permission to construct had been granted, and the survey studied opinions on how likely it was that the new nuclear power plant would actually be constructed. Views were also probed on whether the new plant should be located in Eurajoki or Loviisa. Background variables included the respondent's gender, age group, basic and vocational education, economic activity, size of municipality, region of residence, and which political party the respondent would vote for if the parliamentary elections were held at that time.
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The Finnish power tool market was finally on the rise to reach $77M in 2024, after two years of decline. Overall, consumption, however, enjoyed resilient growth. Over the period under review, the market hit record highs at $112M in 2021; however, from 2022 to 2024, consumption remained at a lower figure.
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In 2023, approx. 23 tons of condensers for steam or other vapour power units were imported into Finland; rising by 217% on 2022.
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In 2024, the Finnish market for instruments for measuring electrical quantities increased by 8.1% to $22M, rising for the fourth year in a row after two years of decline. Over the period under review, consumption, however, saw a slight downturn. Over the period under review, the market hit record highs at $24M in 2012; however, from 2013 to 2024, consumption remained at a lower figure.
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The average electric water heater export price stood at $161 per unit in May 2025, increasing by 11% against the previous month.
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The Finnish market for pulley tackle and hoists powered by an electric motor surged to $9.7M in 2024, rising by 342% against the previous year. Overall, consumption saw strong growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.
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TwitterThe real total consumer spending on housing, water, fuels and electricity in Finland was forecast to continuously increase between 2024 and 2029 by in total *** billion U.S. dollars (+***** percent). After the fifth consecutive increasing year, the real housing-related spending is estimated to reach **** billion U.S. dollars and therefore a new peak in 2029. Consumer spending, in this case housing-related spending, refers to the domestic demand of private households and non-profit institutions serving households (NPISHs). Spending by corporations and the state is not included. The forecast has been adjusted for the expected impact of COVID-19.Consumer spending is the biggest component of the gross domestic product as computed on an expenditure basis in the context of national accounts. The other components in this approach are consumption expenditure of the state, gross domestic investment as well as the net exports of goods and services. Consumer spending is broken down according to the United Nations' Classification of Individual Consumption By Purpose (COICOP). The shown data adheres broadly to group **. As not all countries and regions report data in a harmonized way, all data shown here has been processed by Statista to allow the greatest level of comparability possible. The underlying input data are usually household budget surveys conducted by government agencies that track spending of selected households over a given period.The data has been converted from local currencies to US$ using the average constant exchange rate of the base year 2017. The timelines therefore do not incorporate currency effects. The data is shown in real terms which means that monetary data is valued at constant prices of a given base year (in this case: 2017). To attain constant prices the nominal forecast has been deflated with the projected consumer price index for the respective category.Find more key insights for the real total consumer spending on housing, water, fuels and electricity in countries like Iceland and Sweden.
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In 2024, the Finnish electrical signalling apparatus market was finally on the rise to reach $18M for the first time since 2021, thus ending a two-year declining trend. Overall, consumption saw a significant expansion. Electrical signalling apparatus consumption peaked at $27M in 2021; however, from 2022 to 2024, consumption stood at a somewhat lower figure.
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The Finnish market for electric generating sets and rotary converters surged to $544M in 2024, jumping by 262% against the previous year. Over the period under review, consumption recorded a resilient increase. Consumption of peaked at $590M in 2022; however, from 2023 to 2024, consumption remained at a lower figure.
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The Finnish market for domestic, non-electric, cooking or heating appliances was finally on the rise to reach $13M in 2024, after two years of decline. Overall, consumption, however, showed a mild slump. As a result, consumption attained the peak level of $32M. From 2022 to 2024, the growth of the market remained at a lower figure.
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Imports of electric burglar or fire alarms in Finland totaled X units in 2017, picking up by X% against the previous year. The total import volume had been increasing at an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations in certain years. The growth pace was the most rapid in 2017, when it surged by X% y-o-y.
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TwitterThe average wholesale electricity price in October 2025 in Finland amounted to ***** euros per megawatt-hour. Prices reached a peak in August 2022, amounting to ****** euros per megawatt-hour.