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21.2.2022 | Datahub, the centralised information exchange system for the electricity retail market, went live on 21 February 2022. Datahub centralises the data from about 3.8 million electricity accounting points in a single system, and it significantly accelerates the exchange of information in the electricity retail market. Datahub is a key part of the flexible power system of the future.

7.5.2026 | The State is selling Class B shares in Fingrid to OP Pohjola. Earlier this year, the State acquired the Class A shares in Fingrid owned by Ilmarinen. Fifty of these shares will now be converted into Class B shares. Following the arrangement, the State’s holdings in Fingrid will 59.5 per cent.

12.8.2021 | The Government issued a new decree on electricity supply settlement and measurement on 12 August 2021. The decree lays down provisions on the 15-minute balance settlement period, the transition towards the so-called single price model in the electricity market, and the changes in electricity supply settlement caused by the introduction of Datahub – a centralised information exchange system for the electricity retail market.

5.2.2026 | The State of Finland is acquiring the Class A shares in Fingrid currently owned by Ilmarinen Mutual Pension Insurance Company. The total share purchase price is about EUR 401.3 million. The acquisition will strengthen the State’s ability to steer Fingrid, which a company of strategic interest.

18.12.2025 | Minister of Climate and the Environment Sari Multala and Estonia’s Minister of Energy and the Environment Anders Sutt discussed future opportunities for Finnish-Estonian energy cooperation in Helsinki on 18 December 2025. The countries have so far had successful collaboration on developing the transmission networks for electricity and gas, protecting critical infrastructure and creating a common electricity market.

15.7.2024 | On 15 July 2024, the Ministry of Transport and Communications published an assessment report on how the electrification of transport could contribute to the flexibility of the Finnish energy system. In accordance with EU requirements, the report describes the current state of the opportunities which the electrification of transport could offer and proposes measures. 

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.

30.5.2024 | EU Energy Ministers will meet in Brussels on May 30. The aim is to adopt the Council conclusions on promoting sustainable electricity network infrastructure. The ministers will also discuss the future of the REPowerEU plan and the status of the Green Deal. Finland will be represented at the meeting by Minister of Climate and the Environment Kai Mykkänen.

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.

13.11.2025 | The Finnish Government submitted a communication to Parliament on 13 November 2025 regarding the European Commission’s proposal for a Regulation on the Connecting Europe Facility for the period 2028–2034. The Government welcomes the proposal and emphasises that funding should be more strongly directed towards strengthening defence and security, among other sectors. 

6.9.2024 | The Finnish Minister of Climate and the Environment Kai Mykkänen and the Norwegian Minister of Energy Terje Aasland discussed cooperation prospects in the energy sector between the two countries in a virtual meeting on 6 September 2024. 

14.3.2025 | The first Energy Council meeting under the Polish Presidency will be held in Brussels on 17 March 2025 with a focus on the Commission’s action plan for affordable energy and the energy security situation in the EU. Minister of Climate and the Environment Sari Multala will represent Finland at the meeting.

23.4.2025 | FINNISH GOVERNMENT PO Box 23, FI-00023 Government, Finland vn.fi/en Tel. +358 295 16001 VALTIONEUVOSTO PL 23, 00023 Valtioneuvosto vn.fi p. 0295 16001 1(7) Putting Finland on a path to growth Making Finland the most attractive destination for inve...

12.5.2025 | On 12 May 2025, the EU Baltic Sea coastal states signed a Memorandum of Understanding in Warsaw to renew the Baltic Energy Market Interconnection Plan adopted in 2015 (BEMIP). The plan focuses on developing the energy infrastructure and transmission networks in the Baltic Sea region.

6.11.2023 | It's only been four years since Finland's natural gas imports were entirely dependent on the Russian pipeline connection. At the beginning of 2020, the Balticconnector between Finland and Estonia was commissioned, and a year ago, in the conditions of energy crisis, so was the floating LNG terminal in Inkoo. In an amazingly short time, Finland has changed gas monopoly to global LNG market. After ...

10.10.2023 | Gasgrid Finland informed the authorities on Sunday that a leak causing disruption in gas transmission had been detected in the Balticconnector gas pipeline between Finland and Estonia in the early hours of 8 October. The breach is located in Finland’s economic zone. Led by Finnish National Bureau of Investigation, the authorities in Finland have launched an investigation into the matter. In terms of security of supply, the situation remains stable.

9.2.2023 | The Government adopted a resolution on hydrogen on 9 February 2023. In its resolution, the Government describes Finland’s objectives regarding hydrogen and the measures to promote them. Finland’s goal is to become the European leader in the hydrogen economy in the entire value chain. Finland has the capacity to produce at least ten per cent of the EU’s emissions-free hydrogen in 2030.

11.9.2024 | FINNISH GOVERNMENT PO BOX 23, 00023 GOVERNMENT, FINLAND vn.fi/en Tel. +358 295 16001 1(8) Budget session of Prime Minister Orpo’s Government 3 September 2024 Government’s fiscal policy line The priorities of the Government’s economic policy are ec...

11.10.2024 | The EU energy ministers will convene in Luxembourg on 15 October 2024 for the official Energy Council under the Hungarian Presidency. There are no decisions on the agenda of the meeting. The ministers will discuss follow-up measures to the recommendations of Draghi’s competitiveness report, preparedness for the upcoming winter season and divergence in wholesale electricity prices.

24.2.2022 | Simo Nurmi has served as Director General of the Energy Authority since 2015. The Government decided on 24 February 2022 to continue his appointment for a seven-year term starting on 1 April.