Finland still in top 10 in energy sustainability
The Energy Trilemma Index by World Energy Council has ranked Finland in eighth spot on its annual list.
The index draws on three core dimensions when assessing countries: energy security, energy equity and environmental sustainability. The top three countries this year are Denmark, Switzerland and Sweden.
According to the report, Finland’s energy trilemma is well balanced, and it is placed third in energy security. This results in a letter grade of AAB.
The majority of Finland’s conventional thermal power generation is made up of highly efficient combined heat and power production. However, the report notes that there is room for improvement in the country’s environmental sustainability score.
To this effect, the Finnish government has recently increased its efforts in the renewables sector. For example, the imports of hard coal have decreased and Finland’s domestic strategy calls for a further increase of the share of renewables in energy production.