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Showing 1 to 20 of 442 entries.
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Electricity market Finland’s electricity market was gradually opened to competition after the passing of the Electricity Market Act in 1995. Since late 1998, all electricity users, including private households, have been able to choose their prefe...https://tem.fi/en/electricity-market
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Report on smart grids´ potential for the electricity market The Finnish power system is facing significant changes. Increased use of renewable energy and weather-dependent variable production changes the operating logic of the power system and the...https://tem.fi/en/working-group-to-explore-smart-grids-potential-for-the-electricity-market
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Heating market Electricity and heat production must be nearly emissions-free in Finland by the end of the 2030s while also taking into account the perspectives of security of supply and servicing. In accordance with the Act approved in 2019, coal-...https://tem.fi/en/heating-market
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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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Energy communities promote the production and distribution of renewable electricity Electricity users’ role in the electricity system has grown as a result of the green transition. A decree that allows private individuals, communities and companie...https://tem.fi/en/energy-communities
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Up-to-date information on possible power shortages This page contains information on how and why everyone should participate in saving energy, what will cause a possible power shortage and how to act in the event of one. Saving energy and reducing...https://tem.fi/en/information-on-electricity-shortages
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Reserve stocks and preparedness planning secure energy supply In Finland, the security of energy supply is based on the country’s decentralised, diversified and efficient energy production. Stocks of imported fuels and contingency and preparedness...https://tem.fi/en/security-of-energy-supply
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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 energ...https://tem.fi/en/energy
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Feed-in tariff for renewable energy The Act on Production Subsidy for Electricity Produced from Renewable Energy Sources (1396/2010) lays down provisions on a feed-in tariff system for which power plants fuelled with wind, biogas, forest chips and...https://tem.fi/en/feed-in-tariff-for-renewable-energy
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Russian attack on Ukraine Russia launched an attack on Ukraine on 24 February 2022. Finland has strongly condemned Russia’s military actions in Ukraine and supports Ukraine’s independence, sovereignty, self-determination and territorial integrity....https://tem.fi/en/russian-attack-on-ukraine
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System integration - a new key theme for energy policy - Ministry of Economic Affairs and Employment
Climate neutrality requires that we stop using fossil fuels and increase the use of intermittent renewable energy. Different energy systems should be strongly interlinked to secure the functioning of energy systems and improve their efficiency, with due consideration for the large-scale needs of industrial production. However, we must also beware of the pitfalls on the long path towards sector integration.https://tem.fi/en/-/system-integration-a-new-key-theme-for-energy-policy -
23.10.2025 | The amendment to the Electricity Market Act will promote the integration of the increasing electricity generation and growing consumption loads into the main grid and high-voltage distribution network. The Government submitted the Act to the President of the Republic for approval on 23 October 2025. The Act will enter into force on 1 January 2026.https://tem.fi/en/-/lakimuutos-puhtaan-energian-investointien-edistamiseksi-ja-sahkoverkkojen-kehittamiseksi-hyvaksytty-1
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Preparedness for serious disruptions and emergency conditions in the administrative branch of the Ministry of Economic Affairs and Employment Finland’s security of supply relies on well-functioning markets and investments by private sector actors,...https://tem.fi/en/preparedness-for-serious-disruptions-and-emergency-conditions
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Press releases, news, columns and other current materials from the Ministry of Economic Affairs and Employment.https://tem.fi/en/current-issues
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27.5.2025 | The working group on non-fossil flexibility appointed by the Ministry of Economic Affairs and Employment has released its final report. According to it, flexible demand for and supply of electricity as well as various energy storages will be necessary to respond to the challenges of rapidly fluctuating electricity generation driven by increasing renewable energy production.https://tem.fi/en/-/working-group-on-non-fossil-flexibility-considers-a-model-for-promoting-security-of-supply-and-flexibility-of-electricity-market
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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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8.5.2025 | On 8 May 2025, the Government submitted to Parliament a proposal for acts amending the Electricity Market Act and sections 12 and 96 of the Natural Gas Market Act. The main objective of the proposal is to facilitate the integration of the increasing electricity generation and consumption loads into the transmission system and high-voltage distribution networks.https://tem.fi/en/-/legislative-amendments-to-boost-integration-of-increasing-electricity-generation-and-consumption-into-electricity-grids
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Strategy of the Ministry of Economic Affairs and Employment and its administrative branch The Ministry of Economic Affairs and Employment and its administrative branch create preconditions for sustainable growth. Growth must be economically, socia...https://tem.fi/en/strategy
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30.3.2026 | EU energy ministers will hold an informal video conference on Tuesday 31 March 2026 to formulate a common response to the effects of the Persian Gulf crisis on energy markets. Minister of Climate and the Environment Sari Multala will represent Finland at the meeting.https://tem.fi/en/-/eu-energy-ministers-to-discuss-response-to-situation-caused-by-middle-east-war
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As an interim target for reaching climate neutrality by 2050, the EU wants to tighten the emission reduction target from 40% to at least 55% by 2030. Although it seems that the EU will exceed the original target, this constitutes a major change. In particular, the way emission reductions are implemented has a major impact on how much the transition will cost and how these costs will be distributed between countries.https://tem.fi/en/-/fit-for-55-what-are-the-best-ways-to-cut-emissions-