Finland state

Finland halves gas consumption at record pace among EU countries – Reports

HELSINKI (UrduPoint News / Sputnik – September 14, 2022) Finland halved its natural gas consumption in the first half of 2022, from 17.8 to 8.8 terawatts (TW)/hour year-on-year without production interruption and heating, media reported Wednesday.

Finland consumed about 8.8 TW/hour of natural gas in the first half of the year, which became the record reduction over the same period among European Union member states, Finnish newspaper Helsingin Sanomat reported. .

The EU has cut gas consumption by 6% year-on-year, while some member countries have increased energy spending, the report said, citing data from economic think tank Brugel. The bloc plans to reduce gas consumption by 15%, he added.

Industry experts have said that one of the possible explanations for the record reduction in gas consumption in Finland is the small number of houses equipped with individual gas heating, as well as the replacement of natural gas by natural gas. thermal energy with other fuels such as coal, biomass or peat, according to the report.

Since 2021, energy prices in Europe have been increasing as part of a global trend largely due to restrictive measures related to COVID-19. After the start of Moscow’s special military operation in Ukraine on February 24 and the imposition of comprehensive sanctions against Russia by the Western collective, energy prices have risen, prompting many European governments to resort to measures emergency.