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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-...

Waste heat In Finland, it is estimated that about 130 TWh of waste heat will be generated, of which the amount of waste heat currently utilised as district heat is about 3 TWh. The potential for waste heat, which is still technically reasonably ex...

EU, heating market The European Commission will present a heating and cooling strategy in the first quarter of 2026. The strategy aims for a cost-effective transition to clean heating and cooling by improving energy efficiency and system integrati...

Kuopion Energia Oy small modular reactor plant producing district heating Kuopion Energia Oy is a company operating in the energy sector, and it is wholly owned by the City of Kuopio. The company’s operations include energy production, district he...

Environmental impact assessment of the Kuopion Energia Oy small modular reactor plant producing district heating - EIA programme On 31 March 2026, Kuopion Energia Oy submitted an environmental impact assessment programme (EIA programme) under the ...

24.2.2026 | TEM raportteja 28/2013 Aurinkolämmön liiketoimintamahdollisuudet kaukolämmön yhteydessä Suomessa Pöyry Management Consulting Oy Energiaosasto Raportti 5.7.2013 LOPPURAPORTTI 52X116181 7.6.2013 TYÖ- JA ELINKEINOMINISTERIÖ, ENERGIATEOLLISUUS RY Auri...

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...

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,...

Preparation of energy and climate policy scenarios When preparing energy and climate policy scenarios, each ministry is responsible for the projections concerning its own sector. The ministries work in close cooperation to ensure that sector-speci...

15.4.2026 | Kuopion Energia Oy has submitted to the Ministry of Economic Affairs and Employment an environmental impact assessment (EIA) programme concerning its plan to build a small nuclear power plant in Kuopio for district heating production. The EIA programme is a plan prepared by the party responsible for the project that details the necessary analyses and organisation of the environmental impact assessment procedure.

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...

Fifth application round for energy investments under Finnish RRP The aim of the aid scheme is to promote energy investment and energy infrastructure projects that are in line with Finland’s Recovery and Resilience plan and that reduce greenhouse g...

Climate policy aims to reducing greenhouse gas emissions. In the European Union, these emissions are reduced by emissions trading scheme, the obligations of effort sharing sectors and the promotion of renewable energy and energy efficiency. Other relevant tools are land-use change and sinks in forests, which have their own regulations. Is the EU’s tool kit consistent and optimal in economic terms?

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 em...

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...

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....

15.4.2026 | Kuopion Energia Oy Environmental impact assessment of a small mod- ular reactor (SMR) plant Environmental impact assessment programme Annex 1 International consultation summary document March 2026 Kuopion Energia Oy Environmental impact assessment...

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.

15.4.2026 | Appendix 1 International consultation document Kuopion Energia Oy Environmental impact assessment of a small mod- ular reactor (SMR) plant Environmental impact assessment programme Annex 1 International consultation summary document March 2026 Kuo...

12.2.2026 | “Today we are creating a foundation for the future to develop an energy system that can meet the demands of a new era. This plant is a concrete result of purposeful research and planning,” said Minister of Climate and the Environment Sari Multala at the groundbreaking ceremony for Steady Energy Oy’s small nuclear pilot plant in Salmisaari, Helsinki on 12 February 2026.