What is Finland's main source of electricity?
Finland’s electricity production is characterized by a diverse and modern mix of clean energy sources, with nuclear power now serving as the single largest contributor to the nation's grid. The recent commissioning and successful integration of the Olkiluoto 3 nuclear reactor have significantly boosted Finland's domestic energy security and reduced its dependence on energy imports. In addition to nuclear, Finland relies heavily on renewable energy, particularly hydroelectric power, wind energy, and biomass from its massive forestry industry. This transition toward a carbon-neutral energy mix is a cornerstone of Finland's national strategy, focusing on high-efficiency, emission-free power generation. The country's power grid is highly sophisticated, benefiting from extensive investments in smart-grid technology and international interconnections, ensuring a stable, sustainable, and reliable supply of electricity for its industrial, commercial, and residential consumers.
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Fortum Oyj is a leading European energy enterprise headquartered in Finland, specializing in clean electricity generation, carbon-free nuclear power, district heating, and recycling solutions.
Fortum Oyj records multi-billion-euro annual revenues (representing tens of billions of euros or hundreds of billions in regional currency tracking equivalents), cementing its position as a leading European energy corporation.
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Fortum Corporation is a fully public, listed company whose shares are openly traded on the Nasdaq Helsinki stock exchange under the ticker symbol FORTUM.
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