Energy

The objective of energy policy is to proceed consistently towards a sustainable climate-neutral society, making use of the potential for growth. The principal tasks of the Ministry of Economic Affairs and Employment are to develop the energy markets and the security of supply, promote renewable energy and energy efficiency, and regulate nuclear energy. The Ministry’s responsibilities also include implementing emissions trading and coordinating the national preparation and implementation of climate policy.

 

  • Energy and climate strategy »

    Finland’s long-term goal is a carbon-neutral society. Approximately 80 per cent of greenhouse gases causing global warming result from the production and consumption of energy, including transport.

  • Renewable energy »

    Finland is one of the world’s leading users of renewable sources of energy, especially bioenergy.

  • Electricity market »

    There are approximately 75 electricity retailers in Finland. The electricity market also allows electricity consumers to practice small-scale electricity production and sell the energy on the market.

  • Heating market »

    Carbon neutral heating plays a key role in reducing greenhouse gas emissions. District heating and cooling will be essential in future energy systems too.

  • Emissions trading »

    The aim of the EU emissions trading system (EU ETS) is to keep the greenhouse gas emissions of industrial and energy production plants and flights within the European Economic Area (EEA) below the EU-wide emissions cap for the emissions trading sector.

  • Energy efficiency »

    The primary objective of increasing energy efficiency is the cost-effective reduction of greenhouse gas emissions.

  • Energy and investment aid »

    Based on its assessment the Ministry of Economic Affairs and Employment can grant aid for innovative energy projects. Energy aid is granted för investments and studies

  • Nuclear energy »

    More than a quarter of the electricity consumed in Finland is produced with nuclear energy.

  • Security of energy supply »

    In Finland, the security of energy supply is based on the country’s decentralised, diversified and efficient energy production.

  • International and EU cooperation in the energy sector »

    International cooperation in the energy sector has been undertaken via various forums for a long time and diverse global issues have only increased the need for such collaboration.

  • Energy technologies »

    Climate change mitigation creates enormous global markets for clean solutions. Improving air quality and ensuring energy security will also create markets for energy technologies.

  • Low-carbon roadmaps 2035 »

    The Government will work to ensure that Finland is carbon neutral by 2035 and carbon negative soon after that. In accordance with the Government Programme, sectoral low-carbon roadmaps will be drawn up in cooperation with companies and organisations in the relevant sectors.