In 2024, wind power solidified its position as Finland’s second-largest electricity production method, surpassing hydropower, which had traditionally held this rank. Wind energy contributed significantly to the nation’s electricity supply, accounting for 24% of total electricity consumption and 25% of electricity production according to data released by Renewables Finland. This milestone underscores wind power’s growing prominence in Finland’s energy transition.
The year saw wind power generating 19.8 terawatt-hours (TWh) of electricity, second only to nuclear power. Solar energy, while still a smaller player, is gaining traction, producing 1.1 TWh and representing 1.4% of both electricity consumption and production. The emergence of industrial-scale solar power has added a new dimension to Finland’s renewable energy landscape.
Finland’s wind power development has been market-driven since 2019, with 70% of installations built without state subsidies. “Wind power’s advantages extend beyond being market-based and emissions-free—it’s also Finland’s fastest-growing energy source, uniquely positioned to meet the green transition’s demands for clean electricity,” said Anni Mikkonen, CEO of Renewables Finland. She highlighted its critical role in supporting industrial investments, such as hydrogen projects, which require vast amounts of renewable energy.
This rapid growth has been a key factor in Finland achieving electricity self-sufficiency. However, broader energy system self-sufficiency and climate neutrality remain on the horizon.
“Wind power is a cornerstone of Finland’s journey toward a sustainable energy system. It’s vital for decarbonizing industries, transport, and heating, and for enabling a hydrogen economy. To maintain momentum and ensure continued growth, it’s essential to protect the sector’s investment environment,” Mikkonen emphasized.
Finland’s commitment to renewable energy continues to pave the way for a greener, self-sufficient future.
