Energy Policies of IEA Countries Finland

Total Page:16

File Type:pdf, Size:1020Kb

Energy Policies of IEA Countries Finland Please note that this PDF is subject to specific restrictions that limit its use and distribution. The terms and conditions are available online at http://www.iea.org/ termsandconditionsuseandcopyright/ Energy Policies of IEA Countries Finland 2013 Review 2013 OECD/IEA, © Energy Policies of IEA Countries Finland Finland’s economy is highly industrialised. Yet with over one-third of its territory located above the Arctic Circle, the country is largely rural and sparsely populated, except for its southern tip. With its energy-intensive industries and its cold climate, Finland’s energy consumption per capita is the highest in the IEA. Finland is highly dependent on imported fossil fuels, and energy policy is at the heart of the government’s concerns. The government’s energy strategy aims to strengthen Finland’s energy security, to move progressively towards a decarbonised economy, and to deepen its integration in the wider European market. Finland has a very ambitious renewable energy programme, with a view to meeting 38% of its final energy consumption from renewable sources by 2020. Finland is the most forested country in Europe; biomass will thus play a central role in meeting the target. Finland is one of few IEA countries with plans to expand its nuclear capacity, and the Parliament has approved the construction of two more nuclear power plants. If all planned projects are completed, the share of electricity produced by nuclear could double by 2025, reaching around 60%. This would contribute to diversifying Finland’s energy security and meeting its low-carbon objectives. Also, Finland participates in the Baltic Energy Market Interconnection Plan (BEMIP), which aims to further regional integration through EU- supported infrastructure projects. This review analyses the energy policy challenges facing Finland, and provides sectoral studies and recommendations for further policy improvements. It is intended to help guide the country towards a more secure and sustainable energy future. ISSN: 1990-0082 (61 2013 03 1P1) 978-92-64-19077-1 €75 2013 OECD/IEA, © Energy Policies of IEA Countries Finland 2013 Review 2013 OECD/IEA, © INTERNATIONAL ENERGY AGENCY The International Energy Agency (IEA), an autonomous agency, was established in November 1974. Its primary mandate was – and is – two-fold: to promote energy security amongst its member countries through collective response to physical disruptions in oil supply, and provide authoritative research and analysis on ways to ensure reliable, affordable and clean energy for its 28 member countries and beyond. The IEA carries out a comprehensive programme of energy co-operation among its member countries, each of which is obliged to hold oil stocks equivalent to 90 days of its net imports. The Agency’s aims include the following objectives: n Secure member countries’ access to reliable and ample supplies of all forms of energy; in particular, through maintaining effective emergency response capabilities in case of oil supply disruptions. n Promote sustainable energy policies that spur economic growth and environmental protection in a global context – particularly in terms of reducing greenhouse-gas emissions that contribute to climate change. n Improve transparency of international markets through collection and analysis of energy data. n Support global collaboration on energy technology to secure future energy supplies and mitigate their environmental impact, including through improved energy efficiency and development and deployment of low-carbon technologies. n Find solutions to global energy challenges through engagement and dialogue with non-member countries, industry, international organisations and other stakeholders. IEA member countries: Australia Austria Belgium Canada Czech Republic Denmark Finland France Germany Greece Hungary Ireland Italy Japan Korea (Republic of) Luxembourg Netherlands New Zealand Norway Poland Portugal Slovak Republic © OECD/IEA, 2013 Spain International Energy Agency Sweden 9 rue de la Fédération Switzerland 75739 Paris Cedex 15, France Turkey www.iea.org United Kingdom Please note that this publication United States 2013 is subject to specific restrictions that limit its use and distribution. The European Commission The terms and conditions are available online at also participates in http://www.iea.org/termsandconditionsuseandcopyright/ the work of the IEA. OECD/IEA, © Table of contents TABLE OF CONTENTS 1. EXECUTIVE SUMMARY AND KEY RECOMMENDATIONS ........................................................................ 9 Executive summary ...................................................................................................................... 9 Key recommendations ...............................................................................................................12 PART I POLICY ANALYSIS .....................................................................................................13 2. GENERAL ENERGY POLICY ...................................................................................................................15 Overview ....................................................................................................................................15 Supply and demand ...................................................................................................................16 Institutions .................................................................................................................................19 Key policies.................................................................................................................................21 Taxation ......................................................................................................................................24 Assessment ................................................................................................................................25 Recommendations .....................................................................................................................26 3. CLIMATE CHANGE ................................................................................................................................27 GHG emissions and targets ........................................................................................................27 CO2 emissions from fuel combustion .........................................................................................28 Institutions .................................................................................................................................31 Policies and measures ................................................................................................................31 Assessment ................................................................................................................................36 Recommendations .....................................................................................................................38 4. ENERGY EFFICIENCY.............................................................................................................................39 Overview ....................................................................................................................................39 Institutions .................................................................................................................................42 Policies and measures ................................................................................................................43 Assessment ................................................................................................................................52 Recommendations .....................................................................................................................54 2013 3 OECD/IEA, © Table of contents PART II SECTOR ANALYSIS ...................................................................................................55 5. OIL........................................................................................................................................................57 Supply, demand and imports .....................................................................................................57 Infrastructure .............................................................................................................................60 Retail market structure ..............................................................................................................61 Emergency response policy and reserves ..................................................................................61 Prices and taxes .........................................................................................................................63 Assessment ................................................................................................................................65 Recommendations .....................................................................................................................66 6. NATURAL GAS ......................................................................................................................................67 Supply and demand ...................................................................................................................67 Regulatory and legal framework ................................................................................................69
Recommended publications
  • Finland 242 Finland Finland
    FINLAND 242 FINLAND FINLAND 1. GENERAL INFORMATION 1.1. General Overview Finland (in Finnish Suomi) is a republic in northern Europe, bounded on the north by Norway, on the east by Russia, on the south by the Gulf of Finland and Estonia, on the south-west by the Baltic Sea and on the west by the Gulf of Bothnia and Sweden. Nearly one third of the country lies north of 2 2 the Arctic Circle. The area of Finland, including 31 557 km of inland water, totals 338 000 km . The terrain is generally level, hilly areas are more prominent in the north and mountains are found only in the extreme north-west. The average July temperature in the capital Helsinki on the southern coast is 17 °C. The February average in Helsinki is about -5.7 °C. The corresponding figures at Sodankylä (Lapland) in the northern Finland are 14.1 °C and -13.6 °C. Precipitation (snow and rain) averages about 460 mm in the north and 710 mm in the south. Snow covers the ground for four to five months a year in the south, and about seven months in the north. Finland has a population of 5.16 million (1998) and average population density of 17 per km2 of land. Historical population data is shown in Table 1. The predicted annual population growth rate between the years 1998 and 2010 is 0.21 %. More than two thirds of the population reside in the southern third of the country. In Finland the total primary energy consumption1 per capita was about 60 % higher than the European Union average (according to 1996 statistics) and about 35 % higher than the OECD average.
    [Show full text]
  • Privatisation Potential in the European Union
    Research Report Privatisation Potential in the European Union Research Report Privatisation Potential in the European Union Julia Borrmann, Markus Fichtinger, Christian Helmenstein, Georg Neumüller September 2014 Study on behalf of United Europe Contact: Christian Helmenstein Economica Institute Liniengasse 50-52 1060 Vienna / Austria Phone: +43/676/3200-401 Email: [email protected] Content Content 1 List of Tables and Figures 2 List of Tables 2 List of Figures 2 Executive Summary 3 1 Expected benefits of privatisation 5 1.1 Why do governments privatise? 5 1.2 Theoretical implications of the ownership structure 6 1.3 Empirical effects of privatisation 7 1.4 Potential scope of privatisation 8 2 Methodology 8 2.1 Scope of the study 8 2.2 Identification of the state-owned enterprises and the publicly held shares 9 2.3 Valuation of the government holdings in listed firms 10 2.4 Valuation of the government holdings in non-listed firms 11 2.5 Valuation of financial institutions 13 3 Value of government-held shares in firms 15 3.1 Value of government-held shares in listed firms 15 3.2 Value of government held shares in non-listed financial institutions 16 3.3 Value of government-held shares in non-listed firms excl. financial institutions 18 3.4 Total value of government-held shares in listed and non-listed firms 18 4 Conclusion 21 5 References 23 6 Appendix 25 1 List of Tables and Figures List of Tables Table 1: Total equity value of government shares in listed firms by country 15 Table 2: Thirty largest equity holdings in listed firms held by governments 16 Table 3: Equity value of non-listed financial institutions 17 Table 4: Total government holdings of listed and non-listed firms according to country 19 Table 5: Privatisation thresholds – three scenarios 20 Table 6: Equity value of government share in listed firms 25 Table 7: Equity value of government share in non-listed firms excl.
    [Show full text]
  • Liite 2 Sidosyksiköt Suomessa Suomessa on Merkittävä Määrä Sidosyksiköitä. Yksistään Helsingin Kaupunki Omistaa Noin 9
    Liite 2 1 (2) 4.10.2016 Procurement Training and Counseling Services Sidosyksiköt Suomessa Suomessa on merkittävä määrä sidosyksiköitä. Yksistään Helsingin kaupunki omistaa noin 90 yhtiötä. 1 Suomessa oli vuoden 2016 alusta 313 kuntaa 2. Valtion omistamia yhtiöitä on listattu alla. Kansainvälisille markkinoille palveluita tuottaa tai voisi tuottaa useampi valtio-omisteinen yhtiö. Esimerkiksi: CSC - Tieteen tietototekniikan keskus Oy: ” International projects and collaborative networks. CSC expands Finland's national service offering through European cooperation. CSC is a partner in many international projects and European e-infrastructure and grid projects. A list of CSC's international projects projects can be found below. CSC's international cooperation are of direct benefit to research teams in Finland.”3 Esimerkkejä kokonaan omistetuista valtionyhtiöistä 4 Omistaj Osuus Valtionyhtiö Toimiala a- Alaraja % % ohjaus 1. A-Kruunu Oy vuokra-asunnot YM 100 100 2. Arctia Shipping Oy jäänmurto VNK 100 100 3. Omaisuudenhoitoyhtiö omaisuudenhoito VM 100 0,0 Arsenal Oyj (selvitystilassa) 4. CSC – Tieteen tietotekniikan tietojenkäsittely OKM 100 100 keskus Oy 5. Finavia Oyj lentoliikenne LVM 100 100 6. Finnpilot Pilotage Oy luotsauspalvelut LVM 100 100 7. Finnvera Oyj erityisrahoituslaitos TEM 100 100 rautatieliikenteen 8. Finrail Oy VNK 100 100 ohjauspalvelut 1 Lähde: http://www.hs.fi/kaupunki/a1420951728052 2 Lähde: https://fi.wikipedia.org/wiki/Luettelo_Suomen_kunnista 3 Lähde: https://www.csc.fi/international-projects-and-collaborative-networks 4 Lähde: https://fi.wikipedia.org/wiki/Luettelo_Suomen_valtionyhti%C3%B6ist%C3%A4 Osoite Y-tunnus Puhelin Internet ja sähköposti Simonkatu 12 A 7 1916929-5 050 541 8615 www.ptcs.fi 00100 Helsinki [email protected] Finland Liite 2 2 (2) 4.10.2016 Procurement Training and Counseling Services maakaasun 9.
    [Show full text]
  • Global Renewable Energy Guide 2014.Pdf
    2014 Editors Av. Mesut Çakmak Av. Dr. Çağdaş Evrim Ergün Publication Assistant Zeynep Babür Published by Çakmak Yayınevi ve Medya Limited Şirketi Piyade Sokak, No. 18 06650 Çankaya, Ankara, Turkey Printed by Sözkesen Matbaacılık Tic. Ltd. Şti., Ankara, Turkey August 2014, Ankara ISBN: 978-9944-794-17-6 ISBN (e-book): 978-9944-794-16-9 © Çakmak Yayınevi ve Medya Limited Şirketi All rights reserved. No part of this publication may be reproduced or transmitted in any form or by any means, mechanical, photocopying, recording or otherwise, without the prior written permission of the publisher. Due to the general nature of its contents, this publication should not be regarded as legal advice. The publisher makes no representation or warranty as to, and assumes no responsibility for, the accuracy or completeness of the information contained herein. CONTENTS 1- AUSTRIA, Wolf Theiss Rechtsanwãlte GmbH ................................................................................................................................ 3 2- BELARUS, Vlasova Mikhel & Partners ........................................................................................................................................ 10 3- BELGIUM, White & Case ............................................................................................................................................................. 19 4- BOSNIA & HERZEGOVINA, Huskić Law Office ......................................................................................................................................................
    [Show full text]
  • Russia in the Finnish Economy
    Russia in the Finnish Economy Simon-Erik Ollus & Heli Simola Sitra Reports 66 Russia in the Finnish Economy Sitra Reports 66 Russia in the Finnish Economy Simon-Erik Ollus & Heli Simola SITRA • HELSINKI Sitra Reports 66 Layout: Sanna Laajasalo Cover picture: Lehtikuva/Antti Aimo-Koivisto ISBN 951-563-537-3 (paperback) ISSN 1457-571X (paperback) ISBN 951-563-538-1 (URL: http://www.sitra.fi) ISSN 1457-5728 (URL: http://www.sitra.fi) In the Sitra Reports series Sitra publishes results from research, reports and evaluations. The publications can be ordered from Sitra, tel. +358 9 618 991, e-mail publications@sitra.fi Edita Prima Ltd. Helsinki 2006 Executive Summary Trade between Finland and Russia has fl ourished throughout the present dec- ade and Russia has risen back to being among the most important trading partners for Finland. Finnish exports to Russia in particular have boomed, but according to our calculations at least a quarter of them are actually re-exports. The income and employment effects of re-exports are considerably smaller for Finland than those of its own exports. But even excluding re-exports, Russia has been the fastest growing export market for Finland. In trade with Russia grey schemes are still commonly used and are refl ected in the large discrepan- cies between Russia’s import statistics and its trading partners’ export statis- tics. For Finland the discrepancy was nearly 60%, which is higher than for most other EU countries. After excluding re-exports from the trade, Finnish exports still lose a third of their value at the Russian border, mainly due to double in- voicing.
    [Show full text]
  • PESTLE ANALYSIS of Barriers to Community Energy Development
    PESTLE ANALYSIS of Barriers to Community Energy Development 1 CONTRIBUTING AUTHORS AND INSTITUTIONS IN ALPHABETICAL ORDER: Aisling Nic Aoidh Údarás na Gaeltachta Christina Hülsken Renewable Energies Agency Clara Good UiT, the Arctic University of Norway Eamonn Ó Neachtain Údarás na Gaeltachta Erik Elfgren Luleå University of Technology Fionnán Ó hOgáin Údarás na Gaeltachta Johanna Salmi Centria.fi Lasse Jansson Centria.fi Mikael Risberg Luleå University of Technology Orla Nic Suibhne Western Development Commission Pauline Leonard Western Development Commission Pentti Etelamaki Lohtaja Energy Cooperative Robert Fischer Luleå University of Technology Ryotaro Kajimura Renewable Energies Agency Silva Herrmann Jokkmokk municipality Ulrich Müller Renewable Energies Agency Wolfgang Mehl Jokkmokk municipality CONTENTS 1 Introduction .................................................................................... 4 2 What is a PESTLE analysis? ............................................................. 6 3 Finland .............................................................................................7 3.1 PESTLE Analysis ....................................................................... 8 3.2 Summary .................................................................................10 4 Ireland ............................................................................................12 4.1 PESTLE Analysis ......................................................................13 4.2 Summary .................................................................................14
    [Show full text]
  • Statement on the Corporate Governance and Steering System 2016 Finnvera’S Financial Review 2016 2
    Statement on the Corporate Governance and Steering System 2016 FINNVERA’s FinanciaL REVIEW 2016 2 Statement on the Corporate Governance and Steering System Finnvera’s Financial Review 2016 Statement on the Corporate Governance and Steering System Contents Statement on the Corporate Governance and Steering System .............. 3 Acts and rules governing the operations ........................................... 3 The goals of good corporate governance ........................................... 3 Ownership and ownership policy ..................................................... 4 Administrative bodies of Finnvera ........................................ ........... 4 General Meeting of Shareholders ........................................ 4 Supervisory Board ............................................................ 4 Board of Directors ............................................................ 5 Inspection Committee of the Board of Directors ..................... 7 Remuneration Committee of the Board of Directors ................ 7 Chief Executive Officer, Management Group and Corporate Management Team ............................................. 8 Salaries and fees .......................................................................... 8 Operating principles for internal control ............................................ 9 Risk management ......................................................................... 9 Controlling the financial reporting process ........................................ 9 Compliance function .....................................................................
    [Show full text]
  • Regulator\ Reform in Finland
    5HJXODWRU\ 5HIRUP LQ )LQODQG 7KH 5ROH RI &RPSHWLWLRQ 3ROLF\ LQ 5HJXODWRU\ 5HIRUP ORGANISATION FOR ECONOMIC CO-OPERATION AND DEVELOPMENT Pursuant to Article 1 of the Convention signed in Paris on 14th December 1960, and which came into force on 30th September 1961, the Organisation for Economic Co-operation and Development (OECD) shall promote policies designed: to achieve the highest sustainable economic growth and employment and a rising standard of living in Member countries, while maintaining financial stability, and thus to contribute to the development of the world economy; to contribute to sound economic expansion in Member as well as non-member countries in the process of economic development; and to contribute to the expansion of world trade on a multilateral, non-discriminatory basis in accordance with international obligations. The original Member countries of the OECD are Austria, Belgium, Canada, Denmark, France, Germany, Greece, Iceland, Ireland, Italy, Luxembourg, the Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, Turkey, the United Kingdom and the United States. The following countries became Members subsequently through accession at the dates indicated hereafter: Japan (28th April 1964), Finland (28th January 1969), Australia (7th June 1971), New Zealand (29th May 1973), Mexico (18th May 1994), the Czech Republic (21st December 1995), Hungary (7th May 1996), Poland (22nd November 1996), Korea (12th December 1996) and the Slovak Republic (14th December 2000). The Commission of the European Communities takes part in the work of the OECD (Article 13 of the OECD Convention). Publié en français sous le titre : LE ROLE DE LA POLITIQUE DE LA CONCURRENCE DANS LA RÉFORME DE LA RÉGLEMENTATION © OECD 2003.
    [Show full text]
  • Metsä Group 2019 1
    We are METSÄ GROUP 2019 1 Year 2019 SALES Northern EUR million 5,473 79% 2018: 5,709 OF THE ENERGY USED IN bioproducts PRODUCTION IS RENEWABLE COMPARABLE OPERATING RESULT to the world EUR million 495 100% 2018: 849 TRACEABLE WOOD Metsä Group produces renewable products from northern forests that provide a substitute for the use of fossil based raw materials. We use the best raw COMPARABLE RETURN material in the world responsibly and wisely. ON CAPITAL EMPLOYED 9.6 85% 2018: 16.8 CERTIFIED WOOD Metsä Group focuses on wood supply and forest Metsä Group is planning a new bioproduct SALES* EUR 5.5 BILLION | PERSONNEL 9,300 services, wood products, pulp, fresh fibre paper- mill to be built in Kemi and a new pine saw- METSÄ GROUP RENEWABLE ENERGY 27.7 TWH board as well as tissue and greaseproof papers. mill in Rauma and, the first phase of modernis- OWNED BY 103,000 FINNISH FOREST-OWNERS All our business areas have good growth and ing the Husum pulp mill in Sweden. The value profitability outlooks. Metsä Group invested of these investments in 2020–2023 would be METSÄ FOREST METSÄ WOOD METSÄ FIBRE METSÄ BOARD** METSÄ TISSUE some EUR 2 billion in the increase and devel- around EUR 2 billion. WOOD SUPPLY WOOD PRODUCTS PULP AND PAPERBOARD TISSUE AND opment of its production in 2015–2018, the AND FOREST SAWN TIMBER GREASEPROOF majority of it in Finland. SERVICES PAPERS Sales Sales Sales Sales EUR 0.4 billion EUR 2.2 billion EUR 1.9 billion Sales EUR 2.0 billion Personnel 1,500 Personnel 1,300 Personnel 2,400 EUR 1.0 billion Personnel 840 Personnel
    [Show full text]
  • Journal of Animal & Natural Resource
    JOURNAL OF ANIMAL & NATURAL RESOURCE LAW Michigan State University College of Law MAY 2019 VOLUME XV The Journal of Animal & Natural Resource Law is published annually by law students at Michigan State University College of Law. The Journal of Animal & Natural Resource Law received generous support from the Animal Legal Defense Fund and the Michigan State University College of Law. Without their generous support, the Journal would not have been able to publish and host its annual symposium. The Journal also is funded by subscription revenues. Subscription requests and article submissions may be sent to: Professor David Favre, Journal of Animal & Natural Resource Law, Michigan State University College of Law, 368 Law College Building, East Lansing MI 48824, or by email to msujanrl@ gmail.com. Current yearly subscription rates are $27.00 in the U.S. and current yearly Internet subscription rates are $27.00. Subscriptions are renewed automatically unless a request for discontinuance is received. Back issues may be obtained from: William S. Hein & Co., Inc., 1285 Main Street, Buffalo, NY 14209. The Journal of Animal & Natural Resource Law welcomes the submission of articles, book reviews, and notes & comments. Each manuscript must be double spaced, in 12 point, Times New Roman; footnotes must be single spaced, 10 point, Times New Roman. Submissions should be sent to [email protected] using Microsoft Word or PDF format. Submissions should conform closely to the 19th edition of The Bluebook: A Uniform System of Citation. All articles contain a 2019 author copyright unless otherwise noted at beginning of article. Copyright © 2019 by the Journal of Animal & Natural Resource Law, Michigan State University College of Law.
    [Show full text]
  • Yhtiöittämisen Periaatteet Valtiolla
    Valtiovarainministeriö Yhtiöittämisen periaatteet valtiolla Esiselvitys 30.1.2018 Valtionhallinnon kehittämisosasto 30.1.2018 SISÄLLYS JOHDANTO .............................................................................................................................................. 2 1 Valtion yhtiöt ja omistajapolitiikan periaatteet ................................................................................ 3 1.1 Valtion omistamisen perusta ......................................................................................................... 3 1.2 Omistajaohjaus .............................................................................................................................. 4 1.3 Valtion yhtiöt .................................................................................................................................. 6 2 Valtion liikelaitokset ..................................................................................................................... 10 2.1 Euroopan yhteisön päätös Tieliikelaitosta koskien ...................................................................... 10 2.2 Valtion liikelaitoksia koskeva lainsäädäntö .................................................................................. 12 3 Rahastot ...................................................................................................................................... 14 3.1 Valtion talousarvion ulkopuoliset rahastot ................................................................................... 14 3.2 Itsenäiset
    [Show full text]
  • Backcasting Energy Efficiency Futures of the European Union
    BACKCASTING ENERGY EFFICIENCY FUTURES OF THE EUROPEAN UNION Case studies of Finland and Germany Master’s thesis in Futures Studies Author: Ellinoora Leino-Richert Supervisors: Adjunct professor Jyrki Luukkanen Professor Petri Tapio Adjunct professor Jarmo Vehmas 23.5.2017 Turku Turun kauppakorkeakoulu • Turku School of Economics The originality of this thesis has been checked in accordance with the University of Turku quality assurance system using the Turnitin OriginalityCheck service. Table of contents 1 INTRODUCTION ................................................................................................. 9 1.1 Importance of energy efficiency ............................................................................ 9 1.2 Objectives and research questions ...................................................................... 11 1.3 Thesis outline ...................................................................................................... 12 2 ENERGY EFFICIENCY ......................................................................................... 13 2.1 Definitions .......................................................................................................... 13 2.2 Energy policy in the European Union ................................................................... 15 2.3 Global energy visions and scenarios .................................................................... 18 2.4 National energy plans and visions for Finland and Germany ................................ 21 2.4.1 The official plans
    [Show full text]