FINLAND
FINLAND
LATEST ARTICLES
Eight Baltic Sea TSOs publish roadmap for efficient and resilient offshore grid to connect the countries
The Baltic Sea Map with the projects under consideration, in planning, under construction and existing in the Baltic Sea. Expert-paper presented at the Conference of Energy Ministers in Warsaw Potential of 93 GW Offshore Capacity in the Baltic Sea Basins Questions [...]
Supplier Day – new prospects for cooperation in offshore wind energy
In the margins of the informal meeting of EU energy ministers in Warsaw, Commissioner for Energy and Housing Dan Jørgensen and energy ministers of the Baltic Energy Market Interconnection Plan(BEMIP) High-Level Group have signed a new Memorandum of Understanding (MoU). The [...]
Baltic Regulators Request More Time on Long-Term Electricity Capacity Calculation Decision
Baltic energy regulators have requested a three-month extension from the EU Agency for the Cooperation of Energy Regulators (ACER) to decide on a proposed long-term capacity calculation methodology for electricity trading. Originally due by 22 March 2025, the decision concerns a [...]
EU Allocates €52 Million to Boost Wind Energy in Estonia Through RENEWFM
The European Commission has awarded €52 million in funding to nine renewable energy projects in Finland and Estonia under the EU Renewable Energy Financing Mechanism (RENEWFM), with a strong emphasis on expanding wind energy capacity in Estonia. The funding nearly matches [...]
Heikki Peltomaa appointed as new Chair of Renewables Finland
The Annual General Meeting of Renewables Finland (formerly the Finnish Wind Power Association) has elected a new board for the 2025–2026 term. Heikki Peltomaa, CEO of wpd Finland, was elected Chair of the Board for the fourth time. Renewables Finland represents [...]
Euroports and Noatun project companies held by OX2 and Ålandsbanken Offshore Wind I Sign a Letter of Intent to Develop Koverhar Harbour as a Strategic Offshore Wind Hub
Euroports Group and Noatun project companies, jointly held by OX2 and Ålandsbanken Offshore Wind I LP, a fund managed by Ålandsbanken Funds Ltd, have signed a Letter of Intent (LoI) to establish Koverhar Harbour in Hanko as a key logistics hub [...]
EU Energy in Q4 2024: Market Resilience and Record Share of Renewables
Based on the latest data published by the European Commission, EU electricity and gas markets demonstrated strong resilience and stability in the fourth quarter of 2024. Despite a seasonal increase in gas demand, energy supply remained secure, market integration continued, and [...]
OX2 starts construction of 472 MW onshore wind power in Finland
OX2 has made the investment decision for two onshore wind farms in Finland with a total capacity of 472 MW. The investment amounts to more than 700 MEUR and the wind farms will remain under OX2’s ownership once constructed. The projects [...]
Analyzing Baltic offshore wind opportunities with WindEurope CEO Giles Dickson
Giles Dickson, the CEO of WindEurope, offered his perspectives on the recent Baltic Sea Offshore Wind Summit (BSOWS2025) during an interview. The conversation highlights the positive momentum in the Baltic offshore wind sector and underscores the importance of regional collaboration. Dickson [...]
Smart cities on the move – how AI is helping improve urban flow
EU-funded researchers are using AI to help ease the flow in Europe’s cities, making urban environments both safer and greener. By Tom Cassauwers At the Las Matas train station in the town of Las Rozas, just north of the Spanish [...]
Electricity from renewable sources reaches 47% in 2024
In 2024, 46.9% of net electricity generated in the EU came from renewable energy sources. Among EU countries, Denmark had the highest share of renewables in its net electricity generation with 88.4%, coming mostly from wind, followed by Portugal (87.5%, mostly [...]
Report by ORLEN Group and S&P Agency: Cooperation between Poland and Baltic States will ensure cheaper and cleaner energy
Stable electricity supplies at an affordable price, full independence of the Baltic Sea region from Russian supplies, and clean air through joint projects to develop new technologies, including hydrogen - these are the potential benefits of cooperation between the Baltic countries. [...]
Arenso and Utilitas partner for Basic Design of the Saare-Liivi Offshore Wind Park
The Finnish wind energy service provider Arenso Oy and a leading Estonia-based renewable energy developer and producer Utilitas Wind have signed an agreement for co-operation in the Saare-Liivi Offshore Wind Park project. Arenso was assigned to prepare Basic Design for the [...]
Finland has over 100 GW of wind power in the planning pipeline
According to project statistics from Renewables Finland, there are over 100 gigawatts (GW) of wind power at various stages of planning in Finland. Not all planned projects will be realized, but a broad portfolio of wind power projects ensures that even [...]
OX2: Finland offshore Halla Project’s EIA Report Completed
OX2's offshore wind project development continues to progress despite challenging market and regulatory conditions. The Environmental Impact Assessment (EIA) report for the Halla project, located in Finland's exclusive economic zone, has been completed and submitted to the competent authority. This marks [...]
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