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The price for energy does matter

Finnish Energy Industries association meeting in Levi, 8th of May, 2008

It is crucial that Finland has access to energy at a reasonable price even in the future. Affordable energy means competitiveness, lower inflation and interacts directly with the people’s welfare. Due to self-sufficiency and to the fact that old power plants will be out of date during the next decade, we need to make considerable investments to secure the supply of affordable energy and meet the demands of the climate change as well. These inevitable investments can only be made if the societal ambiance is open-minded. Study made by Finnish Energy Industries shows that even if we would considerably increase the production of renewable energy, we will still need two new nuclear power plants and condensing power before the year 2020.  (Mr Seppo Ruohonen, Chairman of the Executive Board, Finnish Energy Industries)