Energy Efficiency Agreements Results 2017-2023 in Finland

Finnish companies and municipalities are actively and voluntarily improving their energy efficiency. At the end of 2023 around 770 Finnish companies with over 7500 sites and 151 municipalities and joint municipalities had signed up to voluntary Energy Efficiency Agreements 2017–2025. Saving measures they implemented in 2017-2023 generated annual energy savings of 14.8 TWh.

1. Finnish companies and municipalities
& responsible use of energy 2017-2023

14.8

ENERGY WTENSIVEINOUSTRY SES

m

ENERGY SAVING MEASURES
AND INVESTMENTS IN
2017-2023
© 27,285
© 1,481

€ million

768 companies

7,590 Sites
157 Municipalities/
Joint municipalities

ANNUAL RESULTS OF
IMPLEMENTED MEASURES

Energy 14.8

savings
Cost
© ames!

€ Reduction of 3.1

CO:-emissions _ nilion tonnes

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2. Energy Efficiency Agreements

2017-2025

ENERGY EFFICIENCY AGREEMENT
FOR INDUSTRIES.

din ınousrevy

+ Energy intensive industry
+ Food and drink industry
+ Chemical industry

+ Technology industry

+ Wood product industry
+ Industry - general

ENERGY EFFICIENCY AGREEMENT
FOR PROPERTY AND BUILDING SECTOR

af comerciar

PROPERTIES

à House propenris

Lens

ENERGY SECTOR

+ Energy production
+ Energy services

ENERGY EFFICIENCY AGREEMENT.
FOR MUNICIPAL SECTOR.

[Ese CITIES & MUNICIPALITIES,
JOINT MUNICIPALITIES

PRIVATE SERVICE SECTOR

+ Commerce sector

+ Hotel and restaurant sector
+ Motor trades and repairs
+ Services - general

ENERGY EFFICIENCY AGREEMENT:
FOR OIL SECTOR

2 DISTRIBUTION OF LIQUID
©” HEATING FUELS.

+ Oil-heated real estates

www:energyetficencyagreements2017-2025.f1

3. Annual energy savings
2017-2023

Close to 27,000 energy efficiency improvement measures
implemented by the participants in 2017-2023 reduce Finland's total
annual energy consumption by 14.8 TWh. Of this 10.4 TWh is related
to final energy consumption. The savings equal to 4.0% of Finland's
total energy consumption in 2023.

In addition, annual energy saving from customer advice services is
around 1 TWh.

IN THIS WE SUCCEEDED:
MORE SAVINGS ACHIEVED

‘Average new annual savings in 2017-2023 was 2.1 TWh,
while the corresponding savings during the previous
agreement period was 1.8 TWh.

A significant increase in annual savings arouse from a
couple of exceptionally large savings measures
implemented in energy intensive industry.

= ENERGY EFFICIENCY

aa

Y

Energy savings of
reported measures

am

Equals to

14.8 = | 738,000
terawatthours annual energy use of
annually electrically heated
houses
ete Equals to
1 = | 50,000

terawatthours
annually

annual energy use of
electrically heated
houses

wwwenergyefficiencyagreement:2017-2025.

4. Annual heat and electricity savings
2017-2023

[= TOTAL ANNUAL SAVINGS —

From the new energy savings achieved in 2017-2023, nearly

81% was heat and fuels, and the remaining 19% was
19% O ELECTRICITY
electricity.
. 81% JF @ Hearanorues

In private service sector, over 65% of savings were from

electricity. TWh/a
_ ay tw ==
Energy intensive | Medium-sized Energysector | | Private service © Property and { Municipal sector |

El
= ENERGY EFFICIENCY worwenergyefficeneyagreements2017-2025 fi
—

5. Annual cost savings
2017-2023

Energy saving measures implemented in 2017-2023 reduced participant's annual energy costs in total by 801 million euros.

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Energy intensive Medium-sized Energy Private service Property and
industry industry sector sector building sector

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6. Annual carbon dioxide emission reduc
2017-2023

Efficient use of energy is one of the key means to mitigate
climate change. Energy efficiency is globally recognized as
the “first fuel” when aiming to reduce energy consumption
and greenhouse gas emissions.

jon

In 2023 measures decreased
annual CO3 emissions by
Close to 27,000 energy savings measures implemented by —
agreement participants in 2017-2023 reduce annual 3.1 —

carbon dioxide emissions by 3.1 million tonnes. 6

million tonnes * a oe:
se $ es; Se:

ZA. IN THIS WE SUCCEEDED: meaty
LESS EMISSIONS This equals to the
average carbon

302,000 ‘

Finns

an
as.

>

The average new annual carbon dioxide reduction” in
the years 2017-2023 was 0.4 million tonnes.

* calculated with average emission factor for electricity

ENERGY EFFICIENCY wnienergyefficiencyagreements2017-2025.î

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7. Energy efficiendy measures & investments
2017-2023

The participating companies and municipalities have implemented over 27,000 saving measures in 2017-2023. Private
service sector and property and building sector have implemented over half of the measures.

NUMBER OF ENERGY ENERGY EFFICIENCY
EFFICIENCY MEASURES INVESTMENTS
IN 2017-2023 IN 2017-2023 ENERGY INTENSIVE INDUSTRY

“a
> RS

1,481

€ million

27,285

= Bera erriciency wun energyeffclencyagreements2017-2025.
—

8. Government support for energy effi
2017-2023

The Ministry of Economic Affairs and Employment provides energy efficiency investment subsidies to participants based on individual
assessment, In 2017-2023 investment subsicies totalin 144.8 million euros were granted to 1,434 projects.

ency investments

SUBSIDIES GRANTED FOR ENERGY EFFICIENCY INVESTMENTS IN 2017-2023, MILLION EUROS

37.0

ay 11

Energy intensive Medium-sized Energy Privateservice Property and Municipal
industry industry sector sector building sector sector

—
um ENERGY EFFICIENCY wonwenergyetficiencyagreements2017-2025

9. Energy Intensive Industry in Finland

& Responsible Use of Energy 2017-2023

TARGET

total annual ener,

MEASURES AND
INVESTMENTS IMPLEMENTED
IN 2017-2023

© 1,455

measures

© 478

€ million

oo
EF]

40 Companies

152 sites

OF

ANNUAL RESULTS OF
IMPLEMENTED MEASURES

y teo 8,033"

savings pe

© es 487

savings € million

€ Reductionof 1,692

CO,-emissions Frames

*of which 267 GW rom industry power stations

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10. En
EF]

50 Companies

Food & Drink Industry in Finland

& Responsible Use of Energy 2017-2023 © 102 sites
TARGET
WSU EME ANNUAL RESULTS OF
INVESTMENTS IMPLEMENTED IMPLEMENTED MEASURES
IN 2017-2023
Energy 289
& 829 7 savings Sm
measures 6
ost
OR, (8
© 47
a Reduction of
smilon O Coremissions 3

wnnenergyeffciencyagreements2017.2025 fi

11. Chemical Industry in Finland

& Responsible Use of Energy 2017-2023

TARGET

of
the end of

139

GWh

MEASURES AND

INVESTMENTS IMPLEMENTED

g

©

IN 2017-2023

384

measures

28

€ million

59 Companies

106 Sites

Or

ANNUAL RESULTS OF
IMPLEMENTED MEASURES

Energy 196

savings

Cost 13.1

savings € million

Ey Reductionof 4

CO,-emissions stones

wow energyeffciencyagreements2017-2025:1

12. E 18 Companies

Wood Product Industry in Finland |
& Responsible Use of Energy 2017-2023 © 49 Sites

MEASURES AND ANNUAL RESULTS OF
INVESTMENTS IMPLEMENTED IMPLEMENTED MEASURES

IN 2017-2023

) 20 Energy 162
© 120 savings en
measures S :
Cost
© Sins EZ
© 18
€ million OD) Reduction of

CO,-emissions yietamnes

won. energyeiclncyagreements2017-2025.1

13. Technology Industry in Finland

& Responsible Use of Energy 2017-2023

TARGET

Target reached by the end of

111%

EE.

MEASURES AND

INVESTMENTS IMPLEMENTED

©

©

IN 2017-2023

1,200

measures

55

€ million

135 Companies

© 307 Sites

ANNUAL RESULTS OF
IMPLEMENTED MEASURES.

Energy 356

savings

Cost 26

savings € million

€ Reductionof 53

CO,-emissions | Torsnnes

vw energyeffciencyagreements2017-2025:1

14. ©) General Industry in Finland
& Responsible Use of Energy 2017-2023

TARGET

The total annual

= ENERGY EFFICIENCY

end of 2023

7

g

©

MEASURES AND

INVESTMENTS IMPLEMENTED

IN 2017-2023

398

measures

9.2

€ million

CE] 32 Companies

© 111 Sites

ANNUAL RESULTS OF
IMPLEMENTED MEASURES

y Eneroy 58
savings oun
Cost 4.7
savings € million

© Reduction of 12

CO,-emissions kietennes

wwucenergyefficiencyagreements2017-2025 fi

15. €3 Energy Production in Finland
& Energy Efficiency 2017-2023

TARGET Electricity

422

GWh
Primary energy

1,649

GWh

hed by the end of 2023

é 97% f 229% À

Electricity Primary energy

Fe = = ==
MEASURES AND
INVESTMENTS IMPLEMENTED
IN 2017-2023

© 616
© 308
€ million

E 45 Companies
© 175 Sites

ANNUAL RESULTS OF
IMPLEMENTED MEASURES

des aad
ae

© Reduction of 922

CO,-emissions —Yusrennes

* zasitionally industria power stations save 267 GWh

wn energyefficiencyagreements2017-202541

16. €3 Energy Services in Finland
& Energy Efficiency 2017-2023

TARGET

Electricity

281

GWh
ies

* Primary energy

173

MEASURES AND
INVESTMENTS IMPLEMENTED
IN 2017-2023

(a ==

Y 1,846

measures

© 190

€ million

93 Companies

© 135 Sites

ANNUAL RESULTS OF
IMPLEMENTED MEASURES

y sex 609
Cost

© Reduction of 103

CO,-emissions yore

wn energyefficiencyagreements2017-202541

17. Motor Trades and Repairs in Finland

& Responsible Use of Energy 2017-2023

TARGET

d by the end of 2

168%

MEASURES AND
INVESTMENTS IMPLEMENTED
IN 2017-2023

© 125

measures

© 4

€ million

10 Companies

© 83 Sites

ANNUAL RESULTS OF
IMPLEMENTED MEASURES.

Energy 14
savings E
Cost 1.1
savings € million.

Ey Reduction of 1.6

COr-emissions tomes

ENERGY EFFICIENCY

iria |

18. Commerce Sector in Finland
& Responsible Use of Energy 2017-2023

TARGET
MEASURES AND

INVESTMENTS IMPLEMENTED
IN 2017-2023

© 5,930

measures

© 92

€ million

by the end of 2023

21 Companies

Ob

2,762 Sites

ANNUAL RESULTS OF
IMPLEMENTED MEASURES.

g me 357

savings
Cost 30
Savings: € million

© Reduction of 36

CO,-emissions \otonnes

\wwucenergyeffciencyagreements2017-2025.fi

19. @ Hotel & Restaurant Sector in Finland [34 companies

& Responsible Use of Energy 2017-2023 © 234 sites
MEASURES AND ANNUAL RESULTS OF
INVESTMENTS IMPLEMENTED IMPLEMENTED MEASURES
IN 2017-2023
Energy 16
© 128 savings own
measures = 11
savings €milion
© 27
ne Reduction of
€ million CO,-emissions 2.3
Ez es Aree orem
FI

20. TARGET

21. Municipalities in Finland

& Responsible Use of Energy 2017-2023

TARGET

The total annual energy

saving target of municipalities 5 7
e end of 2025

Target reached by the end c

MEASURES AND

INVESTMENTS IMPLEMENTED

©

©

IN 2017-2023

4,515

measures

88

€ million

145 Municipalities

12 Joint

municipalities

Or

ANNUAL RESULTS OF
IMPLEMENTED MEASURES

fp Energy 465

savings wi

Cost 35

savings € million

Ey Reduction of 58

CO--emissions —Gotonnes

rw energyefficiencyagreements2017-2025:1

22. Commercial Properties in Finland [| 164 companies
& Responsible Use of Energy 2017-2023 © 3,150 sites
MEASURES AND ANNUAL RESULTS OF
INVESTMENTS IMPLEMENTED IMPLEMENTED MEASURES
IN 2017-2023
Ene 456
& 6,0 83 ios a
measures
om, 34
iin
© 107 |
€ million Ose, 59

—
sore worwanergyeFficiencyagreements2017-2025,1

23. € million

En)
se |