Electricity Industry Profiles—Finland
Electricity Industry Profiles—Finland
Whether to Pursue a New Nuclear Reactor will be the Defining Decision for Finland’s Energy Future
09-Jan-2018
Europe
Description
Finland is a net importer of electricity. Most of its imports originate from Russia, but it plans to build additional nuclear power plants to decrease this dependency. The share of nuclear power in electricity generation will increase when the new Olkiluoto 3 EPR nuclear power plant becomes operational in 2018 (assuming there are no final delays).
In 2015, almost 80% of the electricity generated in Finland was emission-free. Frost & Sullivan projects that by 2030, approximately 92% of the electricity generated would be emission free and the share of renewables in electricity generation will reach approximately 56% by 2030.
The Finnish Transmission System Operator, Fingrid, is currently upgrading the grid to allow smooth transmission from the new wind and other renewable energy sources (RES) installations being built in the northern part of the country.
Finland does not have its own fossil fuels – coal, oil or natural gas – but does have large reserves of biofuels, peat, and extensive wood resources. These resources will play a vital role in the Finnish energy transition.
Table of Contents
Executive Summary—Finland
Research Scope
Research Profile
Forecasting Methodology
Key Findings
Drivers
Drivers Explained
Restraints
Restraints Explained
Electricity Market Overview
Energy Policy
Energy Policy (continued)
Energy Policy (continued)
Fuel Mix Forecast
Installed Capacity Forecast
Power Capacity Investment
Support Mechanisms and Major Incentives
Support Mechanisms and Major Incentives (continued)
Electricity Generation
Electricity Distribution Market
Electricity Retail Market
Transmission Network
Growth Opportunity 1—Vertical Integration
Strategic Imperatives for Power and Energy Companies
Legal Disclaimer
List of Exhibits
List of Exhibits (continued)
The Frost & Sullivan Story
Value Proposition: Future of Your Company & Career
Global Perspective
Industry Convergence
360º Research Perspective
Implementation Excellence
Our Blue Ocean Strategy
Related Research
Popular Topics
No Index | No |
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Podcast | No |
Author | Swagath Navin Manohar |
Industries | Energy |
WIP Number | 9AAE-00-66-00-00 |
Is Prebook | No |