The Electricity Users of Finland (ELFi) reminds political decision-makers and public authorities that, energy-intensive business operations require a competitive electricity price for profitably business.
A stable and competitive electricity price is a decisive factor for the profitability of export-oriented industry, the development of new electricity-based services, and the achievement of climate targets. We need investments in new technologies, in expanding production, and in low-emission solutions to ensure future economic growth.
Government decisions have wide-ranging economic and societal consequences for electricity costs. The competitiveness of electricity-intensive industries and services affects employment, regional vitality, and Finland’s position as an export-driven economy. High heating-related energy costs for households reduce consumers’ purchasing power and diminish economic activity in Finland. Careful impact assessment as part of the decision-making process ensures that decisions support sustainable growth and safeguard long-term wellbeing.
Decision-makers should understand the overall structure of the electricity market both in the EU and in Finland. The electricity market is highly integrated. Decisions taken in Finland affect at least the other Nordic countries, and EU-level decisions have an immediate impact on Finnish companies. Consistent and well-informed decision-making is the most effective way to develop the electricity market.
The Electricity Users of Finland contributes an independent expert perspective to the decision-making process on behalf of electricity buyers. When decision-makers recognise the importance of the role of electricity users in this dialogue, it becomes possible to ensure that Finland’s electricity policy supports both business competitiveness and national climate and economic objectives.
Our key message to decision-makers is that electricity costs in Finland are more closely linked to national competitiveness, investment, and employment than in any other EU country.