5. Discussion and conclusions
We have analysed the Finnish energy system and its development in different energy policy scenarios, simulated hydropower availability during a period of severe drought in Finland and estimated the indirect impacts of a drought in Finland's neighbouring countries. Moreover, we have simulated generation adequacy in the analysed scenarios in 2020 and 2030 with the EnergyPLAN simulation tool by applying the implications of a severe drought during otherwise similar conditions as were witnessed during the record-high demand peak in Finland in early 2016. Furthermore, we have briefly analysed the environmental impacts of hydropower regulation during drought and peak demand and the impacts of climate change on the Finnish energy system.
Excluding the impacts of a drought, our results show that in both of the scenarios presented in the new Energy and Climate Strategy of Finland, Basic and Policy, the stresses related to generation adequacy will ease by 2030 comparing to those in 2016. This is mainly due to the deployment of two new nuclear power plants, Olkiluoto 3 and Hanhikivi 1, and the planned new transmission lines between Finland and Sweden. These new power plants and cross-border transmission lines improve generation adequacy more than what the forecasted growth in the annual demand peak and the reduction in thermal power capacity in Finland affect in total. As regards the Alternative scenario with inter alia no investment in Hanhikivi 1 or in the third transmission line between Northern Finland and Sweden, the stresses related to generation adequacy will grow significantly by 2030.