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  1. Electricity market - Ministry of Economic Affairs and Employment

    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
  2. Working group to explore smart grids’ potential for the electricity market - Ministry of Economic Affairs and Employment

    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
  3. Heating market - Ministry of Economic Affairs and Employment

    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
  4. Information on electricity shortages - Ministry of Economic Affairs and Employment

    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
  5. Energy communities - Ministry of Economic Affairs and Employment

    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
  6. Working group on non-fossil flexibility considers a model for promoting security of supply and flexibility of electricity market - Ministry of Economic Affairs and Employment

    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
  7. Legislative amendment to boost clean energy investments and develop electricity grids approved - Ministry of Economic Affairs and Employment

    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
  8. Legislative amendments to boost integration of increasing electricity generation and consumption into electricity grids - Ministry of Economic Affairs and Employment

    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
  9. Flexible and customer-centred electricity system

    19.11.2025 | Publications of the Ministry of Economic Affairs and Employment • Energy • 39/2018 A Flexible and Customer- driven Electricity System Final report by the Smart Grid Working Group Ministry of Economic Affairs and Employment, Helsinki 2018 Flexible ...
    https://tem.fi/documents/1410877/3481825/TEM_39_2018.pdf/1cec6f62-238f-a462-36a3-c5f446c07f2b?t=1763544894813
  10. Working group to explore ways to promote security of supply and flexibility of electricity market - Ministry of Economic Affairs and Employment

    18.9.2024 | The increase in variable renewable electricity generation has increased the variation in the supply available on the market, and as a result, affected security of supply and increased the fluctuation in electricity prices. Generation may vary significantly within days, between days and at different seasons, sometimes unpredictably.
    https://tem.fi/en/-/working-group-to-explore-ways-to-promote-security-of-supply-and-flexibility-of-electricity-market
  11. Working group for reforming the Electricity Market Act to facilitate network connections for electricity generators and industrial investments - Ministry of Economic Affairs and Employment

    12.4.2024 | The Ministry of Economic Affairs and Employment has appointed a working group to prepare a proposal for reforming the Electricity Market Act to integrate the increasing electricity production and the growing load demands into the transmission network and the high-voltage distribution networks. The working group should submit its proposal to the Ministry by 29 November 2024.
    https://tem.fi/en/-/working-group-to-prepare-legislative-proposal-on-integration-of-increasing-electricity-production-and-growing-load-demands-into-high-voltage-grids
  12. Energy Council to discuss gas market package and electricity market design - Ministry of Economic Affairs and Employment

    27.3.2023 | The EU energy ministers will convene in Brussels on 28 March 2023 for the first official Energy Council under the Swedish Presidency. The aim is to reach a general approach on the gas market package and to hold a policy debate on the European Commission’s proposal to revise the EU electricity market design published on 14 March. Ann-Mari Kemell, State Secretary to Minister of Economic Affairs Mika Lintilä, will represent Finland at the meeting.
    https://tem.fi/en/-/energy-council-to-discuss-gas-market-package-and-electricity-market-design
  13. EU energy ministers aim to reach agreement on new electricity market design - Ministry of Economic Affairs and Employment

    16.10.2023 | The EU energy ministers will convene in Luxembourg on 17 October 2023 for the first official Energy Council under the Spanish Presidency. The ministers will seek a general approach on a proposed Regulation to improve the EU’s electricity market design. Minister of Climate and the Environment Kai Mykkänen will represent Finland at the meeting.
    https://tem.fi/en/-/eu-energy-ministers-aim-to-reach-agreement-on-new-electricity-market-design
  14. Radical events in the Finnish gas market - security of supply ensured - Ministry of Economic Affairs and Employment

    6.11.2023 | It's only been four years since Finland's natural gas imports were entirely dependent on the Russian pipeline connection. At the beginning of 2020, the Balticconnector between Finland and Estonia was commissioned, and a year ago, in the conditions of energy crisis, so was the floating LNG terminal in Inkoo. In an amazingly short time, Finland has changed gas monopoly to global LNG market. After ...
    https://tem.fi/en/-/radical-events-in-the-finnish-gas-market-security-of-supply-ensured
  15. Investments and the Western market replaced Russian energy - prices reflect the new reality - Ministry of Economic Affairs and Employment

    4.8.2023 | 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.
    https://tem.fi/en/-/investments-and-the-western-market-replaced-russian-energy-prices-reflect-the-new-reality
  16. EU energy ministers discuss electricity market reform and emergency measures to curb high gas prices - Ministry of Economic Affairs and Employment

    11.10.2022 | EU energy ministers will hold an informal meeting in Prague on 11−12 October 2022 to discuss the need and ways to reform the electricity market as well as emergency measures to curb high gas prices.
    https://tem.fi/en/-/eu-energy-ministers-discuss-electricity-market-reform-and-emergency-measures-to-curb-high-gas-prices
  17. Legislative proposal to cut electricity distribution prices and profits of distribution companies - Ministry of Economic Affairs and Employment

    28.1.2021 | On 28 January 2021, the Government submitted a proposal to Parliament to curb the rise in electricity distribution prices and cut the profits of distribution companies by amending the Electricity Market Act and the Act on the Supervision of the Electricity and Natural Gas Market. The Acts are intended to enter into force as soon as possible.
    https://tem.fi/en/-/legislative-proposal-to-cut-electricity-distribution-prices-and-profits-of-distribution-companies
  18. Security of energy supply - Ministry of Economic Affairs and Employment

    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
  19. Acts on retroactive reimbursement for electricity costs and extended payment periods of electricity bills enter into force next week - Ministry of Economic Affairs and Employment

    2.3.2023 | The acts on the temporary retroactive reimbursement for electricity costs, the extension to payment period of electricity bills and the temporary support to secure the liquidity of electricity companies and other related legislation will enter into force on 6 March 2023. The acts are set to be approved at the presidential session on Friday.
    https://tem.fi/en/-/acts-on-retroactive-reimbursement-for-electricity-costs-and-extended-payment-periods-of-electricity-bills-enter-into-force-next-week
  20. Information exchange in the electricity retail market enters a new era – Datahub goes live successfully - Ministry of Economic Affairs and Employment

    21.2.2022 | Datahub, the centralised information exchange system for the electricity retail market, went live on 21 February 2022. Datahub centralises the data from about 3.8 million electricity accounting points in a single system, and it significantly accelerates the exchange of information in the electricity retail market. Datahub is a key part of the flexible power system of the future.
    https://tem.fi/en/-/information-exchange-in-the-electricity-retail-market-enters-a-new-era-datahub-goes-live-successfully
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