Results

Results in 2017-2023

Hundreds of Finnish companies and municipalities that have joined voluntary energy efficiency agreements have improved their annual energy use by a total of 14.8 terawatt hours in 2017-2023. The substantial savings are equal to the annual energy use of 738,000 electrically heated single-family houses.

Savings were attained when the more than 770 companies and 157 municipalities and joint municipalities that have joined energy efficiency agreements have carried out over a total of 27,000 individual energy efficiency measures and invested more than EUR 1,481 million in energy efficiency over two years. The savings equal to 4% of Finland’s total energy consumption.

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 arose from a couple of exceptionally large savings measures implemented in energy intensive industry.

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.

Over 27,000 energy savings measures implemented by agreement participants in 2017-2023 reduce annual CO₂ emissions by 3.1 million tonnes.

The participating companies and municipalities have implemented over 27,000 saving measures and invested over 1,480 million euros in energy efficiency in 2017-2023. Private service sector and property and building sector have implemented over half of the measures.

Energy savings measures implemented in 2017-2023, reduced participant’s annual energy costs in total by 800 million euros.

From the new energy savings achieved in 2017-2023, 81% was heat and fuels, and the remaining 19% was electricity. In private service sector, over 65% of savings were from electricity.