News

Household electricity bills rose by a quarter in 2021 - sharpest change was for users of electric heating

The full price paid for household electricity grew by 25.1 percent in 2021, while the cost for homes heated by electricity increased by 35.3 percent. Electric energy rose sharply in price, but distribution rates showed a slight decline last year.  

Press release 20.1.2022
Electricity is expected to be sufficient in Finland during the cold winter months - long periods of sub-zero temperatures may restrict the importation of electricity from neighbouring countries

The Energy Authority is expecting Finland’s production capacity and importation of electricity from neighbouring countries to meet the demand for electricity this winter. However, the capacity situation in Central Sweden is worsening, and simultaneous peak consumption in neighbouring countries could affect the availability of imported electricity. Reserve power plants are ready to operate if the production and consumption of electricity are not balanced in market conditions.

Press release 3.12.2021
Energia 247 stops supplying electricity - The Energy Authority urges customers to get a new electricity provider without delay

Energia 247 Oy will cease supplying electricity to its customers as of 4 December 2021 due to financial difficulties. The supply of electricity is not interrupted, but customers must enter into a new electricity contract with a new provider without delay.

Press release 2.12.2021
Energy Authority disagrees with the Swedish transmission system operator’s request for a derogation with respect to the allocation of transmission capacities

The Energy Authority is of the opinion that the Swedish transmission system operator has no grounds for the proposed derogation regarding the allocation of transmission capacity at the Finnish-Swedish bidding zone border in 2022.

Press release 12.11.2021

Events

Event Electricity and natural gas market Press release
Presentations from the 8th Baltic Gas Market Forum

8th BALTIC GAS MARKET FORUM in Finland 15 November 2018, Helsinki

Hearings

Consultation Electricity and natural gas networks Press release
Public consultation on Gasgrid Finland’s terms and conditions regarding transmission services and the capacity allocation mechanism at Balticconnector

Finnish Energy Authority organizes a public consultation on the terms and conditions regarding gas transmission services, as well as the capacity allocation mechanism at Balticconnector. Market participants and stakeholders are invited to submit their statements until 19th November 2021.

Consultation Electricity and natural gas networks Press release 22.10.2021
Consultation Electricity and natural gas market Press release
Stakeholder consultation on the terms and conditions for provision of gas transmission services

The Energy Authority has published a proposal from the Finnish transmission system operator Gasum Oy regarding the terms and conditions for provision of gas transmission services.

Consultation Electricity and natural gas market Press release 22.3.2019