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

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tables Day-ahead prices of the Nordic power exchange (12gc) and Price of Electricity by Type of Consumer (12gv) are no longer updated.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tables Day-ahead prices of the Nordic power exchange (12gc) and Price of Electricity by Type of Consumer (12gv) are no longer updated.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
Period:
quarter
Statistics:
Updated:
13rb
Classifications used:
  • Type of consumer
  • Price component
Period:
quarter
Statistics:
Updated:
12gd
Classifications used:
  • Type of consumer
Period:
quarter
Statistics:
Updated:
13nl
Classifications used:
  • Building type
  • Energy source
Period:
month
Statistics:
Updated:
12hf
Classifications used:
  • Type of consumer of natural gas
Period:
quarter
Statistics:
Updated:
12gw
Classifications used:
  • Type of consumer of natural gas
Period:
quarter
Statistics:
Updated:
12he
Classifications used:
  • Price of coal
Period:
quarter
Statistics:
Updated:
13p7
Classifications used:
  • Fuel price in electricity production
Period:
month
Statistics:
Updated:
12gb
Classifications used:
  • Domestic fuel
Period:
quarter
Statistics:
Updated:
Removed database tables

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Background information

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Statistical experts

Inquiries primarily
Service email
energia@stat.fi
Marianne Rautelin
Senior Statistician
029 551 3421
Other experts
Head of Department in charge