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Finland’s electricity consumption is not projected to rise rapidly. Finlands energy use in general is in decline, their economy isn’t growing and neither is th
by pembrook 6d ago
Finland’s electricity consumption is not projected to rise rapidly.
Finlands energy use in general is in decline, their economy isn’t growing and neither is their population: https://www.treasuryfinland.fi/annualreview2022/energy-consumption-statistics/ https://www.treasuryfinland.fi/annualreview2022/energy-consu...
Absent AI, this plant is absolutely the type of thing that a left/Green Party would vote to shut down under the premise that the cost is too great to retool/maintain it and “nuclear bad.” This is a Cold War era Russian plant that needs retooling.
- Illotus 6d ago"Electricity consumption will increase from the current approximately 83 TWh to 103–123 TWh by 2030 and 104–159 TWh by 2035." That is the estimate by the transmission system operator Fingrid. Note that energy consumption and electricity consumption are two different things. https://www.fingrid.fi/en/grid/development/prospects-for-future-electricity-production-and-consumption-q3-2024/ https://www.fingrid.fi/en/grid/development/prospects-for-fut... In Finland there aren't any political parties talking about shutting down nuclear power.
- pembrook 5d agoYes and Nordea has predicted housing prices will start to climb again every quarter for the last 3 years. Next quarter I guess! Electricity demand will likely stay well under the lower end of those estimates, but its good that estimating is done optimistically, given it means that level of demand is planned to be supported already. So it's not like electricity demand is going to grow modestly within a declining energy demand environment (which opens up other opportunities) while nothing new is being built. The American data-center hysteria is mostly due to the fact that Americans have made it impossible (and have lost a lot of the expertise needed) to build infrastructure, and their faster growing power demand is NOT being met with new supply. This was already happening decades ago, before factoring in AI. US infrastructure is massively underfunded and 60-80 years outdated in most areas due to poor government policy.