Final Consumption of Energy in Industry

• In 2024, industrial final energy consumption (excluding mining) in Finland was 121 TWh, i.e., about 43% of total final consumption. Electricity consumption in industry was 34 TWh. 
• The forest industry accounted for about 58% of industrial final energy consumption, the chemical industry 17%, and metal processing 15%.
• Industrial final energy use decreased by 21% over the period 2000–2024. The volume index describing industrial production increased by 17% over the same period, but development varied significantly across energy-intensive sectors. In the forest industry, the volume index decreased by 25% over 2000–2024, while in the chemical industry it increased by 30% and in the metal industry by 33%.

The following figure presents industrial energy consumption in 2010 and 2024 and analyses the factors affecting changes in consumption (so-called decomposition analysis).

• Industrial energy consumption decreased by 18 TWh over the period.
• Activity level, measured by the volume index would have increased energy consumption by 11 TWh, all other things equal.
• Structural change, reflecting differing development across sectors, reduced consumption by 34 TWh.
• Energy efficiency measures reduced consumption by 18 TWh.
• “Other” factors increased consumption by 18 TWh, including, for example, inflexible consumption due to reduced utilisation rates.