Energy

Finland

INFLATION

Consumer prices rose in June as the economy gradually reopened

The Nomad Today 7/14/20

Core inflation, which excludes the prices of the most volatile items such as food and energy, was 0.3% in June.

Finland

Finland's new nuclear reactor hit by valve leak

The Nomad Today 5/26/20

The reactor, located on the west coast between the cities of Rauma and Pori, has valve problems in a component involved in the cooling process.

World

Denmark proposes two giant wind energy islands to meet climate targets

The Nomad Today 5/20/20

Danish government proposed more than tripling its offshore wind capacity.

Finland

Consumption of hard coal decreased by 36% in first quarter

The Nomad Today 5/4/20

At the end of March 2020, the stocks of coal amounted to 1.5 million tonnes, which represented a decrease of 17% relative to the stocks at the end of December

Finland

Tobacco, electricity and international travel raised inflation

The Nomad Today 3/13/20

Mobile phones, television and housing loans became cheaper in February.

Economy & Business

Which EU country collects more revenue through environmental taxes?

The Nomad Today 2/20/20

Energy taxes account for the largest share, followed by transport and pollution taxes.

Finland

Inflation

Petrol, cigars, vegetables and electricity raised consumer prices in January

The Nomad Today 2/19/20

Mobile phones and televisions are cheaper compared to one year before.

Finland

Finland doubles EU's average share of renewable energy

The Nomad Today 1/29/20

The country already reached in 2019 a share above its national 2020 target. Neighbouring Sweden is by far the country which achieved the best results in this area.

Finland

Tobacco, energy and rents raised inflation to 0.9% at the end of 2019

The Nomad Today 1/14/20

From November to December the month-on-month change of consumer prices was 0.1%, which was caused by vegetables being more expensive, for example.

Lifestyle

Can you afford to heat your home?

The Nomad Today 1/7/20

7% of the EU population said in a survey that they could not afford to heat their homes. The percentages vary widely depending on the country, from 33.7% in Bulgaria to 1.6% in Austria. In the…

Finland

Finnish gas market opens up

The Nomad Today 12/31/19

Now that the Balticconnector gas pipeline has been completed, gas can be imported to Finland from Russia and via the Baltic States.

Finland

Finland's greenhouse gas emissions increased by 2%

The Nomad Today 12/12/19

The growth in emissions was most affected by increased consumption of natural gas and peat.

Finland

Renewable energy consumption exceeds imported fossil fuel

The Nomad Today 12/10/19

Altogether 1,189 enterprises operated in the renewable energy sector at 1,784 sites, employing a total of 6,104 people. In 2018, Finland reported a current account deficit of 5.3 billion euros…

Finland

How do Finnish homes use energy?

The Nomad Today 11/21/19

Most of the energy goes to heating the home, but cooking, heating water and saunas, lighting and appliances also consume good amounts of power.

Finland

14% increase in Finnish electricity produced with fossil fuels and peat

The Nomad Today 11/1/19

The share of electricity generated with renewable sources decreased. 32% of electricity was produced with nuclear power.

Finland

Consumption of hard coal decreased by 24% from January to September

The Nomad Today 10/30/19

Consumption as a fuel in the generation of electricity and heat amounted to 1.7 million tonnes.

Finland

Finland prepares an overall reform of the Nuclear Energy Act

The Nomad Today 10/18/19

A working group has been appointed to identify ways of developing regulation on the design, construction, operation and decommissioning of nuclear facilities "in a way that best serves the overall…

Finland

Support for nuclear power is growing in Finland, study finds

The Nomad Today 7/2/19

The construction of nuclear power now has more supporters than ever in Finland, as evidenced a research made by the think-tank EVA. This support is stronger among the voters of the far-right party…

Finland

Prices of fuels rose in the first quarter of 2019

The Nomad Today 6/12/19

According to Statistics Finland's data, prices of fuels rose in nearly all energy products in the first quarter of 2019. In March, the electricity prices for households rose by 10% to 12%, depending…

Finland

Finland and Japan celebrate 100 years of diplomatic relations

The Nomad Today 5/20/19

Permanent State Secretary Matti Anttonen, accompanied by a business delegation, will visit Japan on 22–24 May, where he will participate in the events to celebrate this anniversary and explore…