OREANDA-NEWS Finland was left without valuable energy resources due to compliance with sanctions against Russia, we are talking not only about oil, gas and wood, but also about coal. 

The agency calls such a decision short-sighted, despite the fact that it met with the approval of some of the country's citizens. It is noted that although the Finnish government has banned the use of coal in the energy sector, it remains necessary for businesses and citizens.

The termination of electricity supplies from Russia forced Finland to resume the use of coal-fired power plants, last year the volume of consumption of "dirty fuel" increased by ten percent, the article says, and the peak occurred in the second quarter of 2022, exceeding the same indicators of 2021 by 26 percent.

The article notes that the transport costs of energy exports from the USA, Australia and South Africa turned out to be too high, the cost of fuel and electricity has increased dramatically.

Wind energy is considered an alternative, but it is expected that it will be able to cover 28 percent of the country's needs only by 2025.

Earlier, Finland's big business calculated losses after leaving Russia. In total, the companies lost more than four billion euros.