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Spent nuclear fuel will be disposed of in Finland Based on the Finnish Nuclear Energy Act, spent nuclear fuel from Finland must be disposed of in Finland. Accordingly, fuel from abroad may not be transferred to Finland for disposal. The import and...https://tem.fi/en/spent-nuclear-fuel
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Responsible final disposal of spent nuclear fuel The spent nuclear fuel from the operational Finnish nuclear power plants is intended to be disposed of at a final disposal facility to be built in Olkiluoto, Eurajoki. The planned facility has an ab...https://tem.fi/en/final-disposal-of-spent-nuclear-fuel
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Posiva to apply for an operating licence for a spent nuclear fuel disposal facility first in the world On 30 December 2021, Posiva Oy submitted to the Government an operating licence application referred to in the Nuclear Energy Act for an encapsu...https://tem.fi/en/posivas-operating-licence
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National programme and environmental impact assessment of spent nuclear fuel and radioactive waste management completed The Ministry of Economic Affairs and Employment, the Ministry of Social Affairs and Health, and the Radiation and Nuclear Safet...https://tem.fi/en/national-programme
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19.9.2022 | Fuel prices have been rising fast, partly due to Russia’s war of aggression against Ukraine. To curb the rapid rise in prices, the Government decided earlier this year to lower the renewable fuel distribution obligation in 2022. Now the Government is proposing the same reduction of 7.5 percentage points for 2023.https://tem.fi/en/-/lower-distribution-obligation-for-transport-fuels-to-continue-in-2023
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22.9.2022 | The Government proposes on 22 September 2022 a fuel subsidy for fuel oil used in mobile machinery. The proposal would amend the Act on Fixed-Term Fuel Subsidy for Transport Companies. When the Act entered into force in September this year, Parliament issued a resolution calling for the rapid preparation of a similar subsidy for fuel oil.https://tem.fi/en/-/fuel-subsidy-for-fuel-oil-used-in-mobile-machinery
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24.11.2021 | Finland joined the Export Finance for Future coalition (E3F) at its meeting on 24 November 2021. The E3F is part of the strategy work to combat global warming. It allocates funding to sustainable projects and defines the most suitable measures for phasing out export finance in projects that are not in line with sustainable development.https://tem.fi/en/-/finland-joins-coalition-aiming-to-end-export-finance-of-fossil-fuels
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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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Biofuels Biofuels are liquid or gaseous fuels used in transport. Biofuels include bioethanol and biodiesel. Bioliquids are liquid fuels, such as pyrolysis oil, made for purposes other than transport (e.g. heating). Biofuels and bioliquids are made...https://tem.fi/en/biofuels
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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 -
Renewable Energy in Finland Finland is one of the world leaders in the utilisation of renewable sources of energy, especially bioenergy. The key target in promoting renewable energy is to reduce greenhouse gas emissions and move away from the ener...https://tem.fi/en/renewable-energy
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The European Commission issued its expected Fit for 55 package in July. The handling of proposals in the EU will begin when the autumn term starts. Alongside individual regulatory proposals, it is necessary to assess how the package affects economies as a whole and the deployment of new technologies. However, making these assessments is not always straightforward or easy.https://tem.fi/en/-/plenty-to-chew-on-in-the-eu-climate-package
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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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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...https://tem.fi/en/kuopion-energia-small-modular-reactor-plant
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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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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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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-
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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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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