Does energy policy support competitiveness?

At the same time as forest industry companies have improved their chances of success through painful measures, rising energy costs have pushed the sector's competitiveness in the opposite direction.

The rise in energy prices creates a difficult situation for export companies operating in Finland. They cannot pass on the cost increase to the prices set for their products on the world market. To maintain their competitive position, they would have to be able to cut a corresponding amount from other costs.

There are many factors contributing to the increase in energy costs, one of the most significant being the large increase in the market price of electricity in recent years. However, what is particularly troubling in the forest industry is that competitiveness has been eroded by political decisions, which have put Finnish industrial plants at a significantly weaker position than their foreign competitors.

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