Finland set a record in the EU for reducing gas consumption

Finland halved its natural gas consumption in the first half of the year, according to a Finnish newspaper Helsingin sanomat. At the same time, there were no “significant interruptions” in the production or heating of houses in the country.

From January to August, Finland consumed about 8.8 terawatt-hours of natural gas. This is almost twice lower than in the same period in 2021 (17.8 terawatt-hours). The reduction in consumption by almost 50% is a record for the countries of the European Union (EU), the newspaper notes.

According to the think tank Brugel, no other EU country has managed to reduce gas consumption so significantly. In the first half of the year, gas consumption in the EU fell by only 6% year-on-year, and in some countries there was even a slight increase.

In July EU agreed plan to reduce gas demand by 15% in the coming winter. In August, the European Commission (EC) announcedthat will take emergency measures to reduce electricity prices. European countries authorities singled out €114 billion to help individuals and companies due to rising electricity prices. The EC has also proposed introducing a tax on excess profits of generating companies.

Details – in the publication “Kommersant” “Great Distributor”.

Laura Keffer