FINLAND
FINLAND
LATEST ARTICLES
Europeās Green Revolution: Offshore Wind Power Takes Center Stage
The European energy sector is undergoing a historic transformation, with offshore wind power emerging as a dominant force in the transition toward renewable energy. Latest data presented by Ignitis highlights a pivotal shift: future offshore wind energy projects in Europe are [...]
New survey to support the assessment of the implementation of the Regional MSP Roadmap for the Baltic Sea
The joint HELCOM-VASAB (Vision & Strategies Around the BlaticSea) Maritime Spatial Planning Working Group (HELCOM-VASAB MSP WG) is about to proceed to the interim assessment of the progress in implementing theĀ Regional Maritime Spatial Planning Roadmap 2021-2030. In this context, a dedicated [...]
Wind Power Emerges as Finlandās Second-Largest Source of Electricity
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 [...]
Renewables Finland Sets Bold Offshore Wind Capacity Goals
Renewables Finland has unveiled ambitious targets to expand offshore wind capacity, setting milestones of 1 gigawatt (GW) by 2030, 7 GW by 2035, 16 GW by 2040, and 24 GW by 2045. Currently, Finland has only 44 megawatts of installed offshore [...]
NATO launches ‘Baltic Sentry’ to increase critical infrastructure security
NATO Secretary General, Mark Rutte co-hosted a Summit of Baltic Sea Allies on Tuesday (14 January 2025), along with President Alexander Stubb of Finland and Prime Minister Kristen Michal of Estonia. At the meeting in Helsinki, Mr Rutte announced the launch [...]
Registration Now Open: Announcing the Agenda for the First Baltic Sea Offshore Wind Summit 2025
The countdown has begun for the Baltic Sea Offshore Wind Summit 2025, scheduled for March 10th, 2025, at the European Solidarity Centre in GdaÅsk, Poland. With offshore wind energy gaining momentum across the Baltic region, the summit promises to be a [...]
EEAS: EU will propose sanctions on Russia’s ‘shadow fleet’ to protect undersea cables in the Baltic Sea
European Commission and the High Representative released joint statement on the Investigation into Damaged Electricity and Data Cables in the Baltic Sea. Incident involving undersea cables in the Baltic Sea of December 25th is the latest in a series of suspected [...]
Damage to EstLink 2 cable raises energy prices in Baltic countries
During the Christmas holidays, the EstLink 2 cable linking Finland and Estonia was damaged, restricting the ability to import cheaper energy from the Nordic countries to the Baltic region. As a result, electricity prices in the Baltic countries, including Lithuania, recorded [...]
Renewables Finland: onshore wind power is being built without government subsidies
Up to 70 percent of Finlandās more than 8,200 MW wind power capacity has been built on a market-based model without government subsidies. Considering the relatively young age of the sector, the newest projects have long been constructed without any subsidy [...]
Lithuania Confirms Stable Power System Despite “EstLink 2” Cable Disruption
Lithuania's Ministry of Energy has assured the public that the disruption of the "EstLink 2" power cable between Estonia and Finland has no impact on the stability of the Lithuanian electricity system. Electricity supply to consumers is fully secured, and there [...]
Act on Offshore Wind Power in the Exclusive Economic Zone enters into force ā First tenders could be organised at the end of 2025
On 19 December 2024, the President of the Republic approved the Act on Offshore Wind Power in the Exclusive Economic Zone. The Act will help promote offshore wind power in Finnish exclusive economic zone, clarify the regulation of offshore wind power [...]
PFI Yearbook 2025: Opportunities and Challenges for Baltic Offshore Wind
The decarbonisation agenda is a pressing priority for governments worldwide, and the Baltic Sea region is emerging as a critical area for renewable energy development, particularly offshore wind. In April 2024, eight countries bordering the Baltic Sea ā Lithuania, Denmark, Estonia, [...]
The significant role of Finnish municipalities in advancing renewable energy and nationwide vitality
In next springās municipal elections, decisions will be made not only about Finnish renewable energy projects but also about the future of Finlandās economic growth. Municipalities play a direct role in many key aspects of renewable energy projects. Renewables Finland believes [...]
Finlandās first commercial-scale offshore wind farm underway
The work is already in full swing in KorsnƤs off the west coast of Finland where one of the most significant industrial projects in the country is in progress. To achieve carbon neutrality by 2035 and to enhance Finland's energy self-sufficiency, [...]
Fingrid’s final report refines the preliminary connection possibilities for offshore wind power
Seven potential connection points for offshore wind power have been identified in mainland Finland for the 2030s. These enable the connection of up to 9 gigawatts of offshore wind power capacity to the main grid. The identified connection points are located [...]
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