
From 2011 to 2021, Finland experienced a significant shift in its . The share of in Total Energy Supply (TES) declined from 53% to 36%, with decreases seen across all types: oil (26% to 21%), natural gas (9.6% to 6.4%), and coal (11% to 6.3%). Peat's contribution to TES also decreased from 5.8% to 2.7%. These changes were driven by transitions to renewable energy sources, notably solid biomass, with bioenergy and waste increasing from 23. . The electricity sector in relies on , , and electricity import from neighboring countries. Finland has the highest per-capita electricity consumption in the EU. Co-generation of heat and electricity for industry process heat and district heating is common. Finland is one of the last countries in the world still . As part of the Finland has been replacing electricity generation from with. [pdf]
Finland's per capita energy consumption is notably high, driven by its heavy industry sector and significant heating requirements due to its cold climate. In 2021, the industrial sector was the primary consumer of energy, accounting for 52% of Total Final Consumption (TFC)—above the International Energy Agency (IEA) average of 36%.
Bioenergy also plays a key role in Finland’s climate and energy policies: forestry biomass is currently a key source of electricity and heat, and biofuels are set to play a central role in supporting the transport sector’s clean energy transition.
Finland's energy and climate strategy targets carbon neutrality by 2035, emphasizing energy security, sustainability, and biodiversity.

The RES Group (Renewable Energy Systems) is the world's largest independent company, having been in the sector for more than 40 years. As of 2023 , the company had established more than 23 gigawatts of renewable energy projects worldwide and supported more than 12 gigawatts operations. Employing more than 2500 people in 14 countries, it operates onshore and in wind and , in energy storage and in transmission and distrib. [pdf]

Renewable energy in Lithuania constitutes some energy produced in the country. In 2016, it constituted 27.9% of the country's overall . Previously, the Lithuanian government aimed to generate 23% of total power from renewable resources by 2020, the goal was achieved in 2014 (23.9%). . In order to break down monopoly in the natural gas market of Lithuania, , the first large scale LNG import terminal in the Baltic region, was built in port of Klaipėda in 2014. will be supplying 540 million cubic meters of natural gas annually from 2015 until 2020. The terminal is able to meet all of Lithuania's demand, and 90% of Latvia's and Estonia's n. [pdf]
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