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Recovering from the pandemic and Russia's attack on Ukraine led to steep rises in energy commodity prices

Release related to topics:Energy
release | Energy prices 2022, 3rd quarter

Change

Datanase tables Day-ahead prices of the Nordic power exchange (12gc) and Price of Electricity by Type of Consumer (12gv) are no longer updated.
Read more about the change

In the third quarter of 2022, the price of was an average of 40 to 60 per cent higher than one year ago. According to Statistics Finland, prices went up most for households consuming little electricity and least for households living in electrically heated houses. The running costs of oil-heated homes also rose clearly, because heating fuel oil cost 68 per cent more than one year earlier.

Key selections

  • The area price for wholesale electricity in Finland tripled in the third quarter of 2022 compared to  the price one year ago.
  • Consumer prices of electrical energy rose by an average of 40 to 60 per cent in the third quarter of 2022 from one year ago. The price of electricity went up most in households consuming little electricity and least in households heating their homes with electricity.
  • The prices of petrol and diesel fell by six to seven per cent from the summer peak prices in the third quarter of 2022. 
  • The tax-free prices of natural gas and hard coal increased 3.5-fold in the third quarter of 2022 compared to one year ago. 

Change

Datanase tables Day-ahead prices of the Nordic power exchange (12gc) and Price of Electricity by Type of Consumer (12gv) are no longer updated.
Read more about the change

Database tables

Pick the data you need into tables, view the data as graphs, or download the data for your use.

Updated database tables
12ge
Classifications used:
  • Fuel
Reference period cycle:
month
Updating frequency:
quarter
Statistics:
Updated:
13rb
Classifications used:
  • Price component
  • Type of consumer
Reference period cycle:
month
Updating frequency:
quarter
Statistics:
Updated:
12gd
Classifications used:
  • Type of consumer
Reference period cycle:
month
Updating frequency:
quarter
Statistics:
Updated:
13nl
Classifications used:
  • Building type
  • Energy source
Reference period cycle:
month
Updating frequency:
quarter
Statistics:
Updated:
12hf
Classifications used:
  • Type of consumer of natural gas
Reference period cycle:
month
Updating frequency:
quarter
Statistics:
Updated:
12gw
Classifications used:
  • Type of consumer of natural gas
Reference period cycle:
month
Updating frequency:
quarter
Statistics:
Updated:
12he
Classifications used:
  • Price of coal
Reference period cycle:
month
Updating frequency:
quarter
Statistics:
Updated:
13p7
Classifications used:
  • Fuel price in electricity production
Reference period cycle:
month
Updating frequency:
quarter
Statistics:
Updated:
12gb
Classifications used:
  • Domestic fuel
Reference period cycle:
quarter
Updating frequency:
quarter
Statistics:
Updated:
Removed database tables

Future releases

Documentation

Description of the production, used methods and quality of the statistics.

Go to documentation of the statistics

Referencing instructions

Energy prices [online publication].
Reference period: 2022, 3rd quarter. ISSN=1799-800X. Helsinki: Statistics Finland [Referenced: 19.5.2025].
Access method:

Statistical experts

Inquiries primarily

Service email
energia@stat.fi
Marianne Rautelin
Senior Statistician
029 551 3421

Other experts

Virve Rouhiainen
Senior Statistician
029 551 3527

Head of Department in charge

Katri Kaaja
Head of Department in charge
029 551 3488