gas price

Because Finland and the greater Nordic electricity market is increasingly connected and tied into Europe's market, price fluctuations are felt across borders. The price of electricity will rise in Finland, especially before the commissioning of the nuclear reactor Olkiluoto 3 and wind turbines expected to be completed at the end of the year.
  • August 19, 2022
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A rise in electricity prices is expected to hit the southern parts of Sweden particularly hard this winter. Experts say that prices could be twice as high as last year...
  • July 29, 2022
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Russia said it will cut gas supplies to Europe from tomorrow, adversely affecting countries that have backed Ukraine.
  • July 26, 2022
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Despite gas supply returning to 67 million cubic meters per day (MMcmd) through the Nord Stream 1 pipeline, prices and sentiments in the gas market remain clouded in uncertainty. Uncertainty...
  • July 24, 2022
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On Wednesday, The European Union asked member states to cut gas usage by 15% until March as an emergency step after President Vladimir Putin warned that Russian supplies sent via Nord Stream 1 could be reduced further and might even stop. Nord Stream 1 accounts for more than a third of Russian gas exports to the EU.
  • July 24, 2022
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The EU expects Russia to shut off gas supplies to the EU at any moment, a dramatic escalation of hostilities that would hit the bloc's economy by up to 1.5% of GDP.
  • July 21, 2022
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