The Ministry of Economic Affairs and Employment has sent for comments an environmental impact assessment programme (EIA programme) concerning the continued operation of Teollisuuden Voima Oyj (TVO) Olkiluoto 1 and Olkiluoto 2 nuclear power plant units in Eurajoki. TVO submitted the EIA programme to the Ministry in January. The deadline for submitting comments is 25 March 2024.

The third application round for the RRF energy investment aid under the Sustainable Growth Programme for Finland will take place from 13th of October to 13th of November 2023. Funding is available for the electrification and decarbonisation of industrial processes (P1C2I2.)

This year, more than 40 per cent of Finnish electricity is produced with nuclear energy. In the future, nuclear energy can also be produced in smaller units and used for new purposes, such as heating industry and buildings. A new outlook for the sector's activities requires a new approach also in the administration, writes Head of Unit Juho Korteniemi.

Before Russia's invasion of Ukraine in February 2022, approximately one third of the energy used in Finland was imported from Russia. That share was reduced almost to zero in a few months, and the energy war launched by Russia increased consumer prices remarkably. As the energy markets have changed, it is the time to look how Russian energy was replaced and what more permanent effects trade changes will have, writes Director General Riku Huttunen in his column.

By 26 May 2023, 24 new applications were received in the second application round for energy investment aid under Finland’s Recovery and Resilience Plan. Funding is available for energy infrastructure projects and the electrification and decarbonisation of industrial processes.