The Finnish Energy Council (FinnWEC) was founded in 1993 as a co-operation body for various companies and organisations in the energy sector. The aim of the Finnish Energy Council is to promote stable and economically sound development of the energy sector. In order to achieve this aim FinnWEC organises various events and activities. Co-operation activities include regular gatherings to discuss and debate topical issues as well as organisation of one of the biggest annual energy industry event – the National Energy fair. The Finnish Energy Council also provides prices indexes for heavy fuel oil and coal. In addition, Finnish Energy Council annually awards the best master’s thesis in fields of energy technology and energy economics. The Finnish Energy Council (FinnWEC) is a National Member Committee of the World Energy Council, WEC, and also co-ordinates other international activities of common interest.