The Ministry of the Environment is distributing a total of EUR 1.3 million to municipalities for studies on green transition projects, i.e. solar, wind, hydrogen or biogas projects. Jakobstad receives the largest grant of almost €190,000. - It concerns offshore wind power off Pietarsaari. We will receive the money for various types of studies, what [...]
On May 12, OX2 announced that an agreement had been signed with Ingka Investments for the sale of 49 percent of three offshore wind projects in Finland, with a potential capacity of about 6,000 MW. The deal was subject to customary competition merger filing approval. Merger clearance has now been obtained and the transaction has [...]
Finland's offshore wind energy sector is poised for significant growth, with the country's government setting ambitious green targets for 2035 and initiating the first 6GW of auctions. This is according to the latest Aegir Insights analysis by Maria Holm Bohsen. Despite a slow start, Finland has all the ingredients for a thriving international offshore wind [...]
Helsinki, Finland - Metsähallitus, a state-owned enterprise responsible for managing state-owned land and water areas, has partnered with the Geological Survey of Finland (GTK) to conduct seabed soundings as part of its new offshore wind farm projects. This collaboration will provide crucial data for the construction and planning of the wind farms, as well as [...]
Metsähallitus has agreed with Skyborn Renewables to extend the Suurhiekka sea area reservation agreement for five years. The planned Suurhiekka offshore wind farm will be located in the municipalities of Oulu, Simo and Ii by the Bothnian Bay in Finland. The reservation agreement gives Skyborn Renewables the exclusive right to continue the surveys in the [...]
On 13 June the meeting of the ministers of defence from the Joint Expeditionary Force (JEF) partner nations took place in Amsterdam. The topics on the meeting agenda included cooperation to support Ukraine and to promote the security situation in the neighbouring areas. The UK-led JEF is a multilateral framework for defence cooperation formed by [...]
Finland has the potential to significantly increase both onshore and offshore wind power production, as the capacity of planned wind power projects has increased by around 84 % over the last six months. According to a review by the Finnish Wind Power Association (FWPA) in May, most of the growth in project volume is coming [...]
The 20th Council of the Baltic Sea States (CBSS) Ministerial Session, held in Wismar, Germany, concluded on 2 June 2023, with key outcomes demonstrating solidarity against Russia's ongoing aggression in Ukraine, commitment to climate neutrality and renewable energy, and an emphasis on youth participation and societal resilience in the Baltic Sea Region. The 20th Council [...]
According to a recent report by the Economist Intelligence Unit, the Baltic states of Estonia, Latvia, and Lithuania are making significant strides in energy security, with a particular focus on the development of offshore wind farms. This move comes in the wake of Russia's invasion of Ukraine in February 2022, which prompted these nations to [...]
OX2 has agreed with Ingka Investments to sell a 49 percent stake in its three offshore wind projects in Finland. The three projects will have a potential to reach total installed capacity of about 6,000 MW. The transaction is expected to impact OX2’s operating income positively with approximately 300 MSEK* in 2023. The sale is [...]
The municipality of Hailuoto has approved the zoning initiative for an offshore wind farm in the Eastern area of Seljänsuunmatala, on the west coast of Finland. Metsähallitus has submitted zoning initiatives for a total of five offshore wind projects to local municipalities. Decisions on the project development and sales order will be made later this [...]
Raahe has approved the zoning initiatives for two offshore wind farms submitted by Metsähallitus. The offshore wind farms are planned in the areas of Pyhäjoki-Raahe and the western part of Seljänsuunmatala, on the west coast of Finland. Metsähallitus has submitted zoning initiatives for a total of five projects to local municipalities. Decisions on the project [...]
CEOs and other executives from the Transmission System Operators (TSOs) of the Baltic Sea countries met in Berlin to further intensify cooperation. The meeting was attended by AST (Latvia), Elering (Estonia), Energinet (Denmark), Fingrid (Finland), Litgrid (Lithuania), PSE (Poland), Statnett (Norway) and Svenska Kraftnät (Sweden). The companies' managers gave a positive assessment of how the [...]
Finland will be launching five competitive tendering processes for more than 6,000 MW of offshore wind power on its territorial waters along the western coast of the country. Zoning initiatives for the first five projects have been submitted to the local municipalities. Two projects are planned to be opened for tendering already in September-October this [...]
Ilmatar Offshore has been granted a seabed survey permit for the new 1.2 GW offshore wind project area Vågskär in the Finnish Exclusive Economic Zone (EEZ). Ramboll Finland is contracted for the environmental impact assessment, and studies are underway. Ilmatar Offshore has identified a new 367 km2 offshore wind area in the Finnish exclusive economic [...]
Suomen Hyötytuuli Oy was granted EUR 30 000 000 for an offshore wind power investment in Tahkoluoto, Pori. The investment project would involve two offshore wind turbines located in deeper waters than the offshore wind turbines previously built in Finnish waters. The Ministry of Economic Affairs and Employment has granted investment aid totalling €108 730 [...]
The BalticSeaH2 hydrogen valley project will develop the first significant cross-border hydrogen valley in Europe. The goal is to create an integrated hydrogen economy in the Southern Finland and Estonian region, which enables the reduction of carbon dioxide emissions from various industries and the region’s energy self-sufficiency. The area is connected to the wider market [...]
OX2 and the Bank of Åland’s fund management subsidiary Ålandsbanken Fondbolag, which are developing the Noatun North and Noatun South offshore wind power projects near Finland’s Åland archipelago in the Baltic Sea, have initiated a feasibility study for the planning and establishment of a “Mega Grön Hamn” (Mega Green Port) with a location coexisting with [...]
Metsähallitus and Suomen Hyötytuuli have signed an access right contract by which Metsähallitus leases the public water area off the coast of Pori Tahkoluoto to Suomen Hyötytuuli for wind power production. The agreement is the first long-running access right contract for public water area designated for wind power production. “Suomen Hyötytuuli is a pioneer in [...]
Europe wants wind power capacity to increase from the current 190 GW to 510 GW by 2030. This means a large increase in the number of investments to be made in the near future. Consequently, the importance of education and labour market challenges will clearly increase. As WindEurope points out, in just eight years the [...]
OX2 has initiated the development of the offshore wind farm Tyrsky in the Gulf of Bothnia in the Finnish economic zone. The project that is estimated to have a total installed capacity of 1,400 MW and will be included in OX2’s project development portfolio for the first quarter, 2023. OX2 received a research permit for [...]
In Finnish Energy’s annual Energy Attitudes survey, wind power still holds its place as the second most desired form of electricity production in Finland. The survey also strongly highlights Finns’ willingness to increase Finland’s energy self-sufficiency, which brings security in an unstable world situation. A growing number of respondents see electricity as a potential export [...]
Finnish Government gave consent regarding research permits to Eolus for the two offshore wind projects Wellamo and Tuulia in the Finnish Bothnian Sea in 29 December. The Environmental Impact Assessment will begin in January 2023 and the seabed investigations will be carried out in 2023. "This is an important step towards realizing our first offshore [...]
Vattenfall has entered a joint venture with Metsähallitus to build and operate Finland’s first major offshore wind farm. The project, located at Korsnäs off the Finnish west coast, will have a capacity of 1.3 GW and a potential annual production of 5 TWh. Vattenfall was selected in the first of a number of international offshore [...]
The energy crisis in the Baltic Sea region might be solved by generating less expensive power in Estonia instead of building another “A to B” link with Finland, according to the CEO of Estonian power company Eesti Energia Hando Sutter. In his opinion, another submarine cable in the Baltic Sea region should rather run along [...]
Gasgrid Finland, Nordion Energi, OX2, and Copenhagen Infrastructure Partners are taking concrete steps to realise the European Hydrogen Backbone vision, developed by 31 gas infrastructure companies, in the Baltic Sea region. The companies have agreed to investigate the possibility to develop new large-scale offshore hydrogen pipeline infrastructure connecting Finland, Sweden, and Central Europe by 2030 [...]
The joint venture named SeaSapphire, powered by Eolus and Simply Blue Group, is commencing the development of four commercial scale floating offshore wind parks in The Baltic Sea –two projects in Sweden and two in Finland. Simply Blue Group, is an Irish blue economy project developer, developing pioneering projects in floating offshore wind, e-Fuels, wave [...]
EU countries have earmarked around 52,000 km2 for wind energy development, as shown in WindEurope's analysis of offshore spatial plans. Such an area, if fully utilized, will allow the installation of 220 GW of wind power. Among the leaders are Belgium and Germany, which together want to allocate 15% of their territorial waters for wind [...]
According to the Finnish Wind Power Association’s (FWPA) half-year review of wind power projects, in addition to onshore wind power, potential offshore wind power areas are also of interest to project operators. There are currently 13 offshore wind power projects planned, with a total output of nearly 13,500 megawatts. More than 3,200 MW more offshore [...]
The leaders of the Baltic Sea electricity transmission system operators met in Helsinki on 2nd of November to discuss the energy crisis in Europe and the electricity adequacy of the region. The transmission system operators of the Baltic Sea region actively cooperate and share information on the security and the electricity supply situation in the [...]
The Finnish energy company Ilmatar is starting a technical survey of the seabed over an area of 600 square kilometres north of Åland. The planned wind farm is intended to be connected to both Sweden and Finland and is projected to supply around 10 per cent of Finland’s annual electricity consumption. – This is the operational launch of Ilmatar’s investment [...]
On 30 August 2022 the Heads of Governments and Energy Ministers of the 8 countries around the Baltic Sea signed the Marienborg Declaration. They committed to new volumes for the build-out of offshore wind in the Baltic Sea and agreed to cooperate more closely on it and on energy more [...]
The Finnish Government has granted permits to lease its seabed for the development of two large-scale offshore wind farms. State-owned forest and seabed administrator Metsähallitus obtained permission to lease these areas. […]
The Finnish government has granted the state-owned company Metsähallitus permission to lease state-owned coastal properties for wind energy production at the Korsnäs offshore wind farm project and the expansion project of the existing Tahkoluoto offshore wind farm. […]
Finnish electricity system operator Fingrid indicates that the upcoming wind energy boom threatens the transmission capacity of the electricity system in the western part of the country. Accordingly, the operator is exploring options for developing the transmission system. […]
Finnish company Elomatic Oy has established a subsidiary in Wismar, Germany, to design vessels and structures for offshore wind power plants. […]
Finnish state-owned company Metsähallitus has reported that surveys of bird populations commissioned in the area of the future Korsnäs offshore wind farm have yielded no surprises. Common species were observed as part of the monitoring. […]
Estonian and Finnish transmission system operators Elering and Fingrid have signed a letter of intent to begin the planning process for a third submarine cable link connecting Finland and Estonia. […]
Fingrid, Finnish transmission system operator, and Svenska kraftnät, Swedish grid operator, are jointly preparing a new electricity transmission line between Finland and Sweden. Construction of the 380 km long transmission line, called the Aurora Line, and the substations, that will be part of the project, will begin this year in Finland. […]
Finnish company Metsähallitus has announced that Timo Laakso will lead the Korsnäs offshore wind farm project in the Baltic Sea. […]
The Finnish Wind Power Association (STY) reports that Finland will reach the milestone of 1,000 installed wind turbines with a total capacity of 5,000 MW in 2022. Over time, offshore wind turbines will also begin to enter the Finnish market. […]
Finnish state-owned company Metsähallitus will soon begin field surveys for the Korsnäs offshore wind project as part of an upcoming environmental impact assessment (EIA). The surveys will help select the most suitable route for a coastal electricity transmission line to Finland’s electricity grid. […]
Finnish Metsähallitus Director General, CEO Juha S. Niemelä sees offshore wind power as the next step in Finnish energy solutions. In an interview with “Uutissuomalainen” he says that Finland will lease offshore areas for 2-4 wind farm projects on the country’s west coast. […]
Fingrid, the operator of the Finnish electricity system, will invest a record of €3 billion in grids over the next ten years. These investments will enable electrification and increase the pace of RES construction. Fingrid plans to build new cross-border connections to Sweden and Estonia. […]
In May, Finland’s Metsähallitus will begin seabed surveys as part of the environmental impact assessment (EIA) of the planned Korsnäs offshore wind farm. Analyses will take several weeks. […]
Two Nordic entities – Gasgrid Finland and Nordion Energi – will launch the Nordic Hydrogen Route, the first large-scale cross-border hydrogen network in Europe. The companies are looking to develop pipeline networks that would transport the energy carrier from producers to consumers. Wind energy – onshore and offshore – will [...]
Metsähallitus is a state-owned company that manages one-third of Finland’s land and water areas. The Finnish entity has announced that the onshore and offshore nature surveys needed for the environmental impact assessment (EIA) of the Korsnäs offshore wind farm will start in the spring. Wind measurements will also continue on [...]
Ilmatar Offshore Ab has expressed its interest in developing an offshore wind farm on the north side of Åland. A fully built wind park could be operational by 2030, estimated of producing 20 TWh of energy annually. This would be a sizeable amount of renewable energy for the Ålandic, Finnish [...]
The CEOs of Scandinavian grid companies Energinet, Fingrid, Statnett, and Svenska kraftnät discussed the electricity system operators’ preparation for a possible aggravation of the situation in the Baltic Sea region and its impact on the Baltic transmission system, according to a release from Finnish operator Fingrid. […]
According to the Finnish Wind Power Association (FWPA), the domestic wind power industry will see strong growth in installed capacity later this year. The strengthening of energy independence is in line with the EU’s announcement of efforts to reduce fossil fuel imports from the Russian Federation following the invasion of [...]
According to a recent study by Finnish state-owned company Metsähallitus, Korsnäs offshore wind farm will bring billions in tax benefits to Finland and provide employment for thousands of people over its lifetime. […]
Finnish state-owned company Metsähallitus is currently working on the Korsnäs offshore wind farm project, which will be built in 2028 at the earliest. We asked Metsähallitus wind energy project leader Pertti Tapio about the progress. In the first phase of the Korsnäs offshore wind farm project, 70-100 turbines with a nominal capacity of 12-20 [...]
In Finland, concerns have begun to arise among the public that wind energy development will affect residential property values. According to a recent study, wind turbines have no effect on home prices in this country. […]
The Finnish town of Raahe has been identified as a suitable site for the industrial production of hydrogen (H2). A hydrogen pipeline is planned for the northern part of the Baltic Sea. The hydrogen itself could be produced using energy from renewable sources, including offshore wind power. […]
Opponents and skeptics of wind energy development, particularly onshore, often have concerns about the impact of wind turbines noise on humans. Resistance to this is particularly found among local communities. Recent studies have not found wind turbine noise to be associated with disease or disease symptoms. […]
Researchers at Finland’s LUT University of Applied Sciences, commissioned by St1 and Fortum, have mapped the conditions necessary for electricity production in the Perämeri region. The region has great potential to become a center for carbon-free steel, fuel, and chemical production. This development will require a significant increase in wind [...]
Finnish state-owned company Metsähallitus, which is developing the Korsnäs offshore wind farm project, is strengthening its staff. Heid Vest has joined the team as a wind project expert in the Baltic Sea. Vest took up her position on January 24 and works from offices in Vaasa and Korsnäs. […]
The Connecting Europe Facility (CEF) coordination committee has positively assessed and approved the application submitted by the transmission system operators from the Baltic countries – Latvia, Estonia, Lithuania, and Poland. The financial aid will reach 170 million euros. […]
The Government has granted research permits for three offshore wind power projects in Finland’s exclusive economic zone. Wpd Finland Oy was granted a permit on 20 January 2022 for the research area west of Jakobstad. OX2 Finland Oy received permits for two projects in the research areas west of Hailuoto and Jakobstad last week. [...]
According to the Energy Industry’s annual Energy Attitudes Survey, wind power is the second most desired of all forms of electricity generation. More than 70 percent of respondents are in favor of increasing the use of wind power. […]
Finnish state-owned enterprise Metsähallitus is releasing preliminary market information and launching its partner selection process for the planned 1.3 Gigawatt (GW) Korsnäs offshore wind power project. Metsähallitus is looking for a responsible and experienced partner to accelerate the development, construction and operation of the wind farm. Metsähallitus will invite both [...]
Finland currently has an offshore wind farm project in Korsnäs, on the southwest coast of Finland, 15 km from the coast. In early 2022, work will begin on the environmental impact assessment and zoning of the installation. […]
The Finnish Ministerial Committee for the Economic Policy approved a proposal for an auction model to be used to lease public water areas managed by Metsähallitus. The aim is to accelerate the development of offshore wind projects under market conditions. The first auctions will take place in late 2023 or [...]
OCEaN to welcome a new Member: The German Network for Wind Energy – WAB e.V. […]
Enersense, which acquired the entire share capital of Pori Offshore Constructions Oy on 4 October, will standardise the legal names of its companies starting on 1 December in Finland as part of the integration and brand renewal of the company. […]
Finnish electricity system operator Fingrid has published its Grid Development Plan 2022-2031, which sets out the principles of grid planning, grid development needs and planned investments for the next ten years. The operator is also increasing forecasts for wind power development, but this raises challenges in expanding the north-south transmission [...]
OX2, a company developing, building and managing renewable power generation, is about to commence the environmental impact assessment procedure for two offshore wind power projects in the Gulf of Bothnia Exclusive Economic Zones. […]
Finnish company Metsähallitus has announced that it will soon start testing wind levels at the site in Maalahden Bergö. The measurements will take about two years and the construction of the Korsnäs offshore wind farm will depend on the results. […]
Experts from Finland’s LUT University have mapped the offshore wind energy potential in the Åland Islands for the local authorities. As it turns out, the region has huge potential for offshore wind development. A large wind farm could cover half of Finland’s current electricity production. […]
On 11 November 2021, the Government approved Finland’s participation in the Interreg Baltic Sea Region programme, an interregional co-operation programme of the European Union. This programme plays a key role in implementing the EU Baltic Sea Strategy. […]
Nordic grid operators Fingrid, Energinet, Statnett and Svenska kraftnät have published the Nordic Grid Development Perspective (NGDP) 2021 report. The study presents a path to a climate-neutral Nordic energy system. The “Climate Neutral Nordics” scenario foresees a doubling of RES capacity by 2040. […]
On October 4, zero-carbon solutions provider Enersense acquired all shares of Pori Offshore Constructions, a company with extensive know-how in the offshore wind sector. This was a major factor in the investment decision. […]
Transmission system operators of Sweden and Finland, Svenska kraftnät and Fingrid, have together applied for Connecting Europe Facility co-funding for the new cross-border interconnector Aurora Line between the northern parts of the countries. […]
Finnish-Swedish law firm Hannes Snellman will be engaged by Finnish state-owned company Metsähallitus in the Korsnäs offshore wind farm project. […]
A few days ago, the Swedish government announced that it had instructed operator Svenska Kraftnät to begin preparatory work before expanding the offshore transmission grid for offshore wind development. Sweden’s plans have been addressed by the Finnish Wind Power Association, which states in a release that if Finland is late [...]
Finnish company Metsähallitus has announced that the developer of the Korsnäs wind farm will hold its first meetings with local residents in early December 2021. This will be the second offshore wind farm operating in Finland. The local dialogue with residents is about the offshore wind farm that will be installed near the municipality [...]
The time for offshore wind farms is approaching in Finland – say experts at Helsinki-based law firm Castrén & Snellman. In Finland, there are plans to accelerate the construction of offshore wind farms, among others by reducing the property tax rate. […]
Research conducted by the Finnish Ministry of the Environment shows that the best way to promote the development of wind energy is to streamline and define regulatory procedures for the production of wind energy both onshore and offshore. […]
The Finnish medium Yle reports that plans to expand the Tahkoluoto offshore wind farm (42 GW) in the waters of the Gulf of Bothnia could harm the environment. This is the result of the Environmental Impact Assessment (EIA) carried out for the extension project. […]
The technology group Wärtsilä has been selected to supply an integrated propulsion and dynamic positioning thruster solution, including the engines, a Wärtsilä NOx reducer emission abatement system, as well as steerable and tunnel thrusters to deliver optimum performance for vessel dynamic positioning in this new wind turbine installation vessel (WTIV). [...]
Following the receipt of equipment orders for four offshore wind service vessels announced in May 2020, MacGregor, part of Cargotec, has received an additional order for another two Commissioning Service Operation Vessels (CSOV) that will further expand the Østensjø Rederi Edda Wind fleet. […]
Finnish electricity system operator Fingrid has published a draft grid development plan for 2022-2031. The document raises the forecasts for the growth of wind power energy. The document is based on regional grid plans, prepared in cooperation with the operator's partners and customers. Project feedback and comments can be sent to Fingrid until August [...]
Four Scandinavian transmission network operators - Energinet, Fingrid, Statnett and Svenska Kraftnät - are working on the development plan for the Nordic TSO Strategy until 2030. The document focuses on the development of wind energy in countries and sector integration. Works on the strategy started in autumn 2020. A webinar was organized in March [...]
Recently, at BalticWind.EU we informed that the Finnish forestry company Metsähallitus is planning to build the Korsnäs offshore wind farm, which will be located 15 km from the coast of the municipality of the same name in the waters of the Baltic Sea. Environmental research has already started in the farm area. Metsähallitus announces [...]
According to WindEurope, at the end of 2020, there were 19 offshore wind turbines connected to the Finnish electricity grid within three farms with a total capacity of 71 MW. The offshore wind potential in the Finnish part of the Baltic Sea is estimated at 8 GW (BEMIP). We asked the Finnish Wind Energy [...]
The European Commission has received the Finnish government's approved national recovery and resilience plan. The document includes support for offshore wind development in the Åland Islands region. According to the EC, Finland has requested financial assistance in the form of grants under the plan amounting to EUR 2.1 billion. The Finnish plan is part [...]
The biggest wind power seminar in Finland gathers over 200 people from more than 10 countries to network and learn from the latest winds in the industry. As we are moving closer to the era of new normal, event organizers work hard to make safe events happen – and so are we.
Metsähallitus is a Finnish state-owned forestry company with the ambitious goals of developing the Korsnäs offshore wind farm, which will be located 15 km from the coast of the municipality of the same name, in the waters of the Baltic Sea. The company announced its intentions already in 2020, and more specifically about the [...]