Security of supply

Increase in electricity consumption has related and will in the future relate to maintaining the standard of welfare and increase in production. Electricity consumption has increased both in business, public sector and households. According to the estimate made by the Finnish Energy Industries, the electricity consumption will grow by 2020 to about 107 TWh and by 2030 to 115 TWh. The present annual consumption is about 90 TWh. The average annual growth will be 1.2 percent to 2020 and 0.7 percent in 2020-2030.

Electricity is essential for the Finnish economy. Its consumption will increase both in production itself and in end products. The growing industrial production and quality upgrading will increase electricity consumption despite the continuous intensification of energy use.

Household electricity consumption will grow due to the increase in the number of electrical appliances and expansion of room density. In traffic, electricity decreases Finland's dependence on oil. In heating, oil dependence can be decreased e.g. with electrically driven heat pumps.