
""Before 2022, there had been the optimistic hope we had gotten past an era where it's all about enlarging territory and invading sovereign countries and we could live happily in peace having trade," says Sari Multala, Finland's Minister of Climate and the Environment. "But then, we understood that was not the case and that we had to take care of our own sovereignty, also when it comes to energy. We cannot depend on a hostile partner," she told DW."
"Oil, which made up for 19% of Finland's energy consumption in 2019, is now being imported from Norway, the UK and the US. Natural gas, at the time representing 5% in the country's energy mix, is imported in its liquefied LNG form. Finland's state-owned company Gasgrid Finland, meanwhile, has commissioned a new floating LNG terminal in the southern port of Inga."
Finland previously imported about half of its energy from Russia, including electricity, oil and natural gas. After the Russian invasion of Ukraine in February 2022, Finland stopped relying on Russian supplies. Moscow cut electricity deliveries, citing a refusal to pay in rubles, and Russia's share of Finnish energy imports fell to almost zero. Olkiluoto island became central to domestic supply after the Olkiluoto 3 reactor turbines were powered up in 2023, replacing large parts of former Russian electricity. Oil now comes from Norway, the UK and the US. Natural gas is imported as LNG, supported by a new floating terminal in Inga. Nuclear power and renewables form the core of the energy mix.
Read at www.dw.com
Unable to calculate read time
Collection
[
|
...
]