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Pilot projects of the data economy growth programme Two pilot projects were already selected during the preparation phase of the growth programme. At least one more pilot project will be selected by the end of June 2025. Automation of the Port of ...https://tem.fi/en/pilot-projects-of-the-data-economy-growth-programme
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20.5.2026 | The views on data centres and their electricity use presented in public tend to either depict the centres as a threat to the sufficiency of electricity or, alternatively, highlight the necessity and benefits of such investments. However, data centres are not a black-and-white issue. Data centres should be seen as a part of the overall economic change, data sovereignty and general electrification. Thro...https://tem.fi/en/-/column-data-centres-are-an-integral-part-of-a-developing-energy-system-and-economy
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9.4.2026 | The Ministry of Economic Affairs and Employment received eight applications for investment aid for biogenic carbon dioxide capture projects by the deadline of 31 March 2026. The amount of aid applied totals EUR 101 million.https://tem.fi/en/-/eight-companies-apply-for-investment-aid-for-biogenic-carbon-dioxide-capture-projects
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Fennovoima cancels its construction licence application for nuclear power plant in Pyhäjoki Photo: Fennovoima On 24 May 2022, Fennovoima Oy submitted to the Ministry of Economic Affairs and Employment a notification by which it cancels the constru...https://tem.fi/en/nuclear-facilities-and-projects/fennovoima
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7.8.2025 | Finland is known as a country of responsible use of nuclear energy. Safety comes always first. Responsibility includes ensuring the funds required for nuclear waste management and for the decommissioning of facilities. An extensive legislative reform is, however, required to streamline regulation and licensing. The reform process is also driven by the need to take account of new technologies and the profitability challenges of the sector.https://tem.fi/en/-/column-reform-of-nuclear-energy-legislation-to-streamline-regulation-and-prepare-the-ground-for-future-projects
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Nuclear facilities include nuclear power plants and facilities for nuclear waste management Finland has five active nuclear reactors with a combined gross output of approximately 4,400 MW. In total, the power plants produce more than 30 TWh of ele...https://tem.fi/en/nuclear-facilities-and-projects
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Licence procedure The licence procedure in accordance with the Nuclear Energy Act is preceded by an environmental impact assessment, as laid down in the act on environmental impact assessment procedure (252/2017). The Ministry of Economic Affairs ...https://tem.fi/en/nuclear-energy-licence-procedure
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12.1.2026 | In order to promote the capture of biogenic carbon dioxide, the Government has decided to grant investment aid totalling EUR 90 million for the construction of capture capacity. The Ministry of Economic Affairs and Employment has now launched a call for applications for the competitive bidding process for the investment aid. Applications can be submitted at Business Finland’s e-service portal no later than 31 March 2026.https://tem.fi/en/-/call-for-applications-for-competitive-bidding-processfor-biogenic-carbon-capture-projects-open-until-31-march
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Sustainable Growth Programme funding to companies from the Ministry of Economic Affairs and Employment and government agencies under its purview Recovery funding promotes the renewal of economic structure and the competitive advantage of Finnish c...https://tem.fi/en/funding-available-to-companies-under-the-sustainable-growth-programme
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Support for biogenic carbon dioxide capture in industry The Finnish Government promotes the capture of biogenic carbon dioxide through investment grants for the construction of capture capacity with a total of 90 million euros. The objective of th...https://tem.fi/en/subsidy-for-the-capture-of-biogenic-carbon-dioxide-from-industry
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7.5.2026 | Based on the 2025 hydrogen auction of its Innovation Fund, the European Commission has selected nine projects that will proceed to agreement negotiations. Among them is the Cloudberry project of Finland’s Vetyalfa Oy. The Commission published the results of the auction on 7 May 2026.https://tem.fi/en/-/finnish-hydrogen-project-to-receive-eur-224-million-from-eu-s-innovation-fund
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There are 15 Centres for Economic Development, Transport and the Environment in Finland. Together with the six Regional State Administrative Agencies they function as the country’s regional state administrative authorities.https://tem.fi/en/ely-centres
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A number of climate investments are underway in Finland and across Europe. In the plans, thousands of windmills on land and sea, hydrogen and synthetic fuels, and many other innovative energy solutions will help Europe’s transition to climate neutrality. With measures to boost the economy after the coronavirus crisis, public funding for the green transition will come from many directions. Howev...https://tem.fi/en/-/money-alone-is-not-enough-consistent-regulation-is-key-to-eu-s-climate-goals
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Regular electricity production at Olkiluoto 3 plant unit started in 2023 In January 2002, the government made a favourable decision-in-principle on Teollisuuden Voima Oyj’s (TVO) Olkiluoto 3 nuclear power plant project, which was ratified by the F...https://tem.fi/en/nuclear-facilities-and-projects/olkiluoto-3
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Bioeconomy In Finland, bioeconomy refers to an economy that relies on renewable, biological natural resources in a resource-wise manner to produce food, energy, products and services. The most important renewable, biological resources in Finland a...https://tem.fi/en/bioeconomy
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Decisions-in-Principle on Posiva Oy’s facility In 2000, the Government made a Decision-in-Principle on the construction of a final disposal facility that would have the capacity to process and dispose of the spent nuclear fuel generated by the Olk...https://tem.fi/en/posiva-s-decision-in-principle-process
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25.3.2026 | A study describing the alternatives and costs of nuclear energy promotion as well as its effects on the electricity market has been published. The report commissioned by the Ministry of Economic Affairs and Employment and produced by AFRY Management Consulting Oy was submitted to Minister of Climate and the Environment Sari Multala on 25 March 2026.https://tem.fi/en/-/new-report-highlights-means-costs-and-impacts-of-increased-promotion-and-use-of-nuclear-power
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Applications for Decisions-in-Principle on Fennovoima Nuclear Power Plant Project In 14 January 2009 Fennovoima Oy submitted an application to the Government for a Decision-in-Principle on the construction of a nuclear power plant at Pyhäjoki, Ruo...https://tem.fi/en/processing-of-decisions-in-principle
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Nuclear power forms the basis of Finland's electricity production Photo: TVO Approximately 40% (39% in 2024) of the electricity produced in Finland comes from nuclear energy. Nuclear energy plays a major role in the implementation of the Finnish C...https://tem.fi/en/nuclear-energy
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Licensees responsible for nuclear waste management Photo: Posiva Nuclear waste management means all measures necessary to recover, store, handle and permanently dispose of nuclear waste, including measures associated with the decommissioning of a ...https://tem.fi/en/nuclear-energy/nuclear-waste-management