Energy aid

Energy aid can be granted to investment and investigation projects that:

  1. promote the production or use of renewable energy;
  2. promote energy savings or increase the efficiency of energy generation or use; or
  3. otherwise promote the transition towards a low-carbon energy system.

Investments in renewable energy use that are eligible for support:

  • small-scale electricity and heat production projects;
  • projects producing biofuels in transport;
  • demonstration projects for new technology.

Investments in energy savings and energy efficiency that are eligible for support:

  • projects involving conventional technology that have signed an energy performance contract;
  • demonstration projects for new technology.
  • ESCO projects.

Investigations on energy savings, more efficient energy use and the use of renewable energy that are eligible for support:

  • energy audits;
  • energy analyses.

Projects eligible for support do not include conventional studies and investigations on the establishment, expansion, profitability, development, planning, marketing or testing of business activities. As a rule, energy aid will not be granted to projects that fall under the Emissions Trading Act (311/2011).

Energy aid can be granted if:

  1. the project or the new technology included in the project would not be implemented without the aid; and
  2. before the decision on granting the aid is made:
  • the investment project has not made any binding investment decision, data terminal acquisition or decision to commence construction work or any other agreement that would make it impossible to withdraw from the project without substantial economic loss;
  • the investigation project has not made any binding acquisition or any other agreement that would make it impossible to withdraw from the project without substantial economic loss.

Energy aid is available to companies, municipalities and other organisations.

Aid will not be granted to:

  • organisations whose activities are funded by appropriations from the Budget;
  • agencies, institutions and other public bodies included in the Accounting and Payment Services referred to in the State Budget Act (423/1988);
  • start-up projects eligible for central government transfers;
  • limited liability housing companies, residential properties or farms or projects implemented in connection to them, with the exception of projects implemented in connection to farms where the energy produced is not used in agricultural production;
  • companies in financial difficulty referred to in the EU state aid rules.

All energy aid applications should be submitted using the online services of Business Finland.

Business Finland

As a rule, Business Finland will process all the aid applications. The Ministry of Economic Affairs and Employment will decide on the grant of aid to investment projects where the expenditure eligible for aid exceeds EUR 5,000,000 or to projects related to new technology where the expenditure eligible for aid exceeds EUR 1,000,000.

Further inforamation:

pekka.gronlund(at)tem.fi, projects on renewable energy sources
kati.veijonen(at)tem.fi, projects on renewable energy sources
pekka.karpanen(at)tem.fi, projects on energy savings and energy efficiency