ELECTRICITY AND NATURAL GAS MARKET

Effective electricity and natural gas markets enable the high reliability of energy supply and reasonable and competitive prices.

The Energy Authority supervises that the Finnish electricity and natural gas markets function in accordance with energy laws. It also aims to develop national, regional and EU energy markets in a sustainable way, and acts as the national supervisory authority in energy wholesale markets. In addition, the Energy Authority supervises and develops the reliability of the electricity and natural gas supply.

News Electricity and natural gas market Press release 2025
Kinect Energy Sweden AB breached the prohibition of market manipulation

The Energy Authority considers that Kinect Energy Sweden AB has breached the prohibition of market manipulation under the REMIT Regulation. The Energy Authority will propose to the Market Court the company to be ordered to pay an administrative fine. The Authority investigated an erroneous sell bid submitted by the company to the day-ahead electricity market in 2023.

News Electricity and natural gas market Press release
Dynamic-price contracts held by more than one third of households – fixed-term contracts still the most common type in 2024

In 2024, shares of different type of electricity retail contracts changed very little from 2023. The share of dynamic-price contracts rose slightly, the number of open-ended contracts fell modestly, and the share of fixed-term contracts remained unchanged.