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.
The Energy Authority prepares annually a national report to the Agency for the Co-operation of Energy Regulators (ACER) and to the European Commission on the state of the Finnish electricity and natural gas markets in 2020.
Solar electricity production capacity grew by 45% in 2020 - nearly 300 megawatts in small-scale production
The small-scale production of solar electricity has been growing quickly in recent years. Installed capacity has increased more than tenfold since 2016. At the end of 2020, approximately 293 megawatts of solar electricity production capacity was connected to the electricity network. According to preliminary data, the capacity grew by 91 megawatts that year.