Finland’s new government has unveiled plans to ramp up energy generation from wind and nuclear power stations by an impressive 15,000 MW. Notably, both of these sources will be carbon-neutral. However, it’s worth noting that these substantial investments may lead to even greater fluctuations in electric energy prices compared to the current scenario.
By strategically reducing consumption during peak and costly hours, electric heating is poised to become the dominant heat source in Finnish single-family houses for two compelling reasons:
- It promises a more economical energy option compared to district heating.
- Opting for district heating may result in significant CO2 emissions, even when utilizing wood as a fuel source.