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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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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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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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17.7.2026 | On 17 July 2026, the European Commission gave a proposal on the reform of the Emissions Trading Directive. The Commission will reform emissions trading to promote the implementation of the 2040 climate target and ensure predictable regulation in the emissions trading sector.https://tem.fi/en/-/1410903/european-commission-proposes-reforms-to-emissions-trading-flexibilities-for-industry-more-stable-rules-for-markets
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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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17.7.2026 | On 15 July 2026, the Finnish Ministry of Economic Affairs and Employment issued a competent authority statement on the environmental impact assessment (EIA) programme of Kuopion Energia Oy’s project to build a small modular reactor (SMR) plant for district heating production. The statement was issued as part of the EIA procedure.https://tem.fi/en/-/ministry-of-economic-affairs-and-employment-issues-competent-authority-statement-on-eia-programme-of-kuopio-energia-oy-s-smr-plant-project
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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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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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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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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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REPowerEU application round for energy investments under Finland’s Recovery and Resilience Plan The aim of the aid scheme is to promote clean transition investments that are in line with the REPowerEU chapter of Finland’s Recovery and Resilience p...https://tem.fi/en/fourth-application-round-for-energy-investment-aid
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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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Security Strategy for Society On 16 January 2025, the Government adopted, as a resolution, the Security Strategy for Society prepared by the Security Committee. The purpose of the strategy is to provide a common concept for comprehensive security ...https://tem.fi/en/security-strategy-for-society
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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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Competition legislation The Competition Act and EU competition rules prohibit competition restraints which are generally considered to have harmful effects on sound and effective economic competition (prohibition principle). Such prohibited restra...https://tem.fi/en/competition-legislation
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The Government’s climate targets are ambitious: carbon neutrality by 2035, and nearly fossil-free energy production in the course of the 2030s. The wide-ranging changes required to achieve these targets demand vigorous policies and consistent action. At the same time, however, one has to ensure social justice and the competitiveness of businesses. Paths to carbon neutrality involve major uncertainties.https://tem.fi/en/-/miten-hiilineutraaliin-yhteiskuntaan-paastaan-ja-mita-se-maksaa-
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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 -
Nuclear facility operators have unlimited liability Under the Nuclear Liability Act (484/1972), the operators of nuclear facilities located in Finland have unlimited liability for damage caused to third parties in Finland. The Ministry of Economic...https://tem.fi/en/nuclear-liability
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Energy aid The energy aid programme aims to promote investment projects and studies on renewable energy and energy efficiency that support Finland’s carbon neutrality targets. The objective is to support projects that are estimated to promote futu...https://tem.fi/en/energy-aid