Renewable energy sources

Updated: 21 Dec 2020
Next update: 16 Dec 2021

A common feature of renewable energy sources is that their sustainable use does not deplete their stocks in the long term. The goal of increasing the use of renewable energy sources is closely related to sustainable development and actions that do not limit the options of future generations.

Growth in the use of renewable energy sources is connected with climate agreements and curbing climate warming. Although the key motivation for increasing the use of renewable energy is reducing greenhouse gas emissions, use of renewable energy sources also promotes use of bioenergy and other domestic energy, steers society to invest in research and product development, and improves and maintains security of supply in the energy sector.

The renewable energy sources used in Finland are hydro and wind power, solar energy, aerothermal energy and ground heat captured by heat pumps, biogas, biodegradable parts of recovered and waste fuels, wood-based fuels, and other vegetable and animal-based fuels.

   

The use of renewable energy grew by one per cent in 2019 from the year before. The consumption of wood fuels continued growing for the fourth consecutive year and their use rose again record high in 2019. The share of wood fuels in Finland’s total energy consumption was 28 per cent in 2019. The use of wood fuels in energy production and manufacturing grew by two per cent compared with 2018. The production of hydro power, dependent on the water situation, fell by seven per cent. The production of hydro power decreased for the fourth year in a row, but the production of wind power continued growing, by three per cent from 2018. The annual production of wind power reached its new record, as nearly 80 new wind farms started in 2019. The use of solar power grew by 53 per cent from the previous year but its share of total energy consumption is still only 0.5 per mil.

Nearly 38 per cent of total energy consumption and 43 per cent of final consumption were covered with renewable energy sources in 2019. As late as 1990, the share of renewable energy in total consumption was just 18 per cent, after which it has grown steadily, growing in the 2010s still clearly faster than before.

EU targets for renewable energy are calculated relative to total final energy consumption. Calculated in this way, the share of renewable energy sources in Finland rose to 43 per cent in 2019. Finland has exceeded its target for the share of renewable energy, 38 per cent of final energy consumption since 2014. The share of renewable energy in final energy consumption has been the second highest among EU countries.