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Aid for electrification Some of the EU ETS allowance costs passed on in electricity prices will be compensated for a limited number of industries through an aid for the electrification of energy-intensive industries. Provisions on this scheme are ...https://tem.fi/en/aid-for-electrification
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5. RRF energy investment aid projects granted aid A total of EUR 537.7 million has been reserved for energy investment aid under Finland’s Recovery and Resilience Plan. Funding is available to the following types of projects: Investments in energy...https://tem.fi/en/rrf-energy-investment-aid-projects-granted-aid
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Third application round for energy investment aid under Finland’s Recovery and Resilience Plan The aim of the aid scheme is to promote energy investment that are in line with the Sustainable Growth Programme for Finland and that reduce greenhouse ...https://tem.fi/en/third-application-round-for-energy-investment-aid
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Second application round for energy investment aid under Finland’s Recovery and Resilience Plan The aim of the aid scheme is to promote energy investment and energy infrastructure projects that are in line with the Sustainable Growth Programme for...https://tem.fi/en/second-application-round-for-energy-investment-aid
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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...https://tem.fi/en/waste-heat
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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 -
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...https://tem.fi/en/emissions-trading
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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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First application round for energy investment aid under Finland's Recovery and Resilience Plan The aim of the subsidy scheme is to promote energy investment and energy infrastructure projects that are in line with the Sustainable Growth Programme ...https://tem.fi/en/first-application-round-for-energy-investment-subsidies
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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...https://tem.fi/en/funding-available-to-companies-under-the-sustainable-growth-programme
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In terms of energy policy, Finland’s Presidency of the Council of the EU will focus on the implementation of legislation. The Presidency will also have an opportunity to lay down long-term policies especially on climate issues.https://tem.fi/en/-/suomen-eu-puheenjohtajakausi-energianeuvostossa-energiaunioni-ja-ilmastoneutraaliutta-edistava-ratkaisut-prioriteettina
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19.11.2025 | Arbets- och näringsministeriets publikationer • Energi • 2022:54 Klimatneutralt Finland 2035 – den nationella klimat- och energistrategin Klimatneutralt Finland 2035 – den nationella klimat- och energistrategin Arbets- och näringsministeriet Helsi...https://tem.fi/documents/1410877/2771855/Klimatneutralt+Finland+2035+%E2%80%93+den+nationella+klimat-+och+energistrategin.pdf/8992d37d-b29e-cad7-220b-b2a560d1825c?t=1763537278806
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13.3.2026 | The EU ministers responsible for energy issues will convene in Brussels on 16 March 2026. The meeting agenda will include the European grids package for 2028–2034, the action plan for affordable energy, and energy security. Finland will be represented by Minister of Climate and the Environment Sari Multala.https://tem.fi/en/-/eu-energy-ministers-meeting-to-be-marked-by-iran-war-and-european-competitiveness-issues
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18.2.2026 | Finland and Germany have signed a statement of intent on further cooperation on hydrogen infrastructure, hydrogen technology development and investments in the hydrogen sector. The statement was signed by Minister of Climate and the Environment Sari Multala and, on behalf of Germany, Minister of Economic Affairs and Energy Katherina Reiche in connection with the Ministerial Meeting of the International Energy Agency (IEA) in Paris on 18 February 2026.https://tem.fi/en/-/finland-and-germany-sign-statement-of-intent-on-hydrogen-cooperation
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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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13.10.2023 | The third application round for the RRF energy investment aid under the Sustainable Growth Programme for Finland will take place from 13th of October to 13th of November 2023. Funding is available for the electrification and decarbonisation of industrial processes (P1C2I2.)https://tem.fi/en/-/investment-aid-for-energy-infrastructure-and-electrification-and-decarbonisation-of-industry-is-available-until-13th-of-november
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2.10.2025 | The Nordic energy ministers met in Helsinki on 1 October. The main topics of the meeting were energy security and the electricity market. This year Finland holds the Presidency of the Nordic Council of Ministers, together with Åland. Finland was represented by Minister of Climate and the Environment Sari Multala and, on behalf of Åland, by Minister Camilla Gunell.https://tem.fi/en/-/nordic-energy-ministers-call-for-closer-cooperation-to-strengthen-energy-security
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20.11.2025 | Publications of the Ministry of Economic A airs and Employment Energy • 2024:46 Summary of Sectoral Low-Carbon Roadmaps 2024 Summary of Sectoral Low-Carbon Roadmaps 2024 Katja Tuokko, Adele Silver Ministry of Economic Affairs and Employment of Fin...https://tem.fi/documents/1410877/250845673/TEM_2024_46.pdf/eb5eda1a-7407-9422-14a1-16d8b14a777e?t=1763640298150
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17.10.2025 | EU energy ministers will meet in Luxembourg on 20 October 2025. In the meeting, the aim is to approve the Council's general approach on the RePowerEU regulation to gradually phase out natural gas imports from Russia. The other main item on the agenda is to discuss the role of electrification as a driver of the EU’s competitive and clean transition. Finland will be represented at the meeting by the Minister of Climate and the Environment Sari Multala.https://tem.fi/en/-/eu-energy-ministers-aim-to-reach-an-agreement-on-phasing-out-gas-imports-from-russia-council-meeting-to-be-held-on-20-october-in-luxembourg
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14.10.2024 | The Ministry of Economic Affairs and Employment has granted a total of EUR 44,546,484 in investment aid to 12 projects under the national Recovery and Resilience Plan (RRP). Moreover, by a decision supported by the Ministerial Finance Committee on 3 October, EUR 28,048,200 was granted to Nordic Ren-Gas Oy for a large demonstration project on new energy technology.https://tem.fi/en/-/eur-72.6-million-in-investment-aid-granted-to-13-clean-energy-projects