Energy aid

The energy aid programme aims to promote investment projects and studies on renewable energy and energy efficiency that support Finland’s carbon neutrality targets. 

The objective is to support projects that are estimated to promote future energy solutions in the best possible way so that the EU targets for 2030 and the national targets for 2035 can be met. Aid will only be granted to projects that would not be implemented without the aid. The key objective of the aid is to reduce, in particular, the technical and economic risks associated with new technologies. By focusing on projects involving new technologies, the programme’s goal is to achieve wider impacts, such as positive externalities, that go beyond the direct energy or climate effects of individual projects. The overall objective is to promote renewable energy and energy efficiency cost-effectively in the long term.

Energy aid may be granted for investment projects or studies conducted in Finland that aim to promote: renewable energy production; energy savings or more efficient energy production or use; recovery of waste heat; or decarbonisation of energy systems. 

The Ministry of Economic Affairs and Employment will decide the recipients of aid and perform other related tasks for investment projects where the eligible costs exceed EUR 5 million. Business Finland will decide the recipients of aid and perform other related tasks for all other projects.

All aid applications concerning projects with admissible investment costs over five million euros will be handled in the Call for large demonstration projects on new energy technology. 

Further information:
kati.veijonen(at)gov.fi, projects on renewable energy sources
tuula.savola(at)gov.fi, projects on hydrogen, electrofuels and other renewable energy projects
olli.salo(at)gov.fi, biogas, electrofuels and other renewable energy projects
pekka.karpanen(at)gov.fi, projects on energy savings and energy efficiency