Russian electricity exports to Finland are 4 times higher than last year’s volumes

Imports of Russian electricity to Finland reached a record high in the first half of the year – 10.2 billion kWh or 196.2 million euros, which is 4.1 times more than in the same period in 2020, according to the trade office of Russia in Finland.
“In the first 6 months of 2021, Finnish imports of Russian electricity reached almost record values ​​- 196.2 million euros (10.2 billion kWh) – 4.1 times more than in the same period in 2020. For the Russian electricity operator PJSC Inter RAO, Finland is a key area where the main growth in the volume and value of exports is observed, ”the message says.

Inter RAO predicts that by the end of 2021, about 27% of the total export volume will be directed to the Finnish market.

The trade mission informs that in 2002 PJSC Inter RAO opened a subsidiary company RAO Nordic Oy in Finland, through which electricity is sold in Northern Europe. Today, the company’s share in the Finnish market is 10%, the trade mission said.