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19.3.2020 | On 19 March 2020, the Finnish Government issued a decree on investment aid for projects accelerating the replacement of coal in energy production. The aid is intended to promote voluntary phase-out of coal use by the end of 2025. Coal-based power and heat generation will be banned in Finland as of 1 May 2029

2.12.2020 | The Ministry of Economic Affairs and Employment has adopted the first decisions concerning investment aid for projects that rapidly phase out the use of coal energy. Aid was granted to four projects totalling EUR 7,715,880. The supported projects involve using non-combustion-based technologies in district heat generation.

27.1.2026 | Finland and China signed a memorandum of understanding (MoU) on energy cooperation in Beijing on 27 January 2026. The areas of cooperation focus in particular on clean energy, smart energy systems and energy innovation.

Valtioneuvoston kirjelmä eduskunnalle komission ehdotuksista 1) neuvoston päätökseksi hiili ja terästutkimusrahaston tutkimusohjelman hyväksymisestä, ohjelman monivuotisista teknisistä suuntaviivoista, hiili ja terästutkimusrahaston varojen hoitoa...

3.11.2025 | On 28 October 2025, Finland and Kazakhstan signed a memorandum of understanding (MoU) on a strategic partnership in the energy sector. The particular areas of cooperation are the promotion of energy and clean technologies, security of energy supply and decarbonisation of electricity and heat production.

13.6.2025 | The EU’s energy ministers will meet in Luxembourg on 16 June 2025 to discuss the roadmap towards ending Russian energy imports and to approve conclusions on strengthening the energy union by reinforcing energy security. Finland will be represented by Minister of Climate and the Environment Sari Multala.

27.1.2026 | ”Nuorten pääsy työmarkkinoille on hidastunut ennen kaikkea matalasuhdanteen takia. Talouden jäähtyessä kokeneet työntekijät pysyvät työpaikoissaan, eivätkä uudet tulokkaat saa tilaisuuksia päästä työelämään”, kirjoittaa alivaltiosihteeri Elina Pylkkänen kolumnissaan.

27.6.2025 | The clean energy transition is progressing at a good pace, thanks in part to the emissions trading system. However, reaching Finland’s climate targets will require more action in the effort sharing sector, and especially in the land use sector where emissions increased compared to the previous year.

7.3.2023 | This week, a Mongolian delegation composed of public officials from several ministries is visiting Finland to learn about heat pump technology and other energy solutions related to the supply of heat. Besides the Ministry for Foreign Affairs, the delegation will meet representatives of the Ministry of Economic Affairs and Employment, Business Finland, Nordic Development Fund and Finnish Energy. ...

30.10.2023 | Finland and the Australian state of New South Wales will strengthen their cooperation to promote carbon neutrality and to develop solutions advancing it. A Memorandum of Understanding (MoU) on the matter was presented at an event in Australia on 30 October 2023. Finland was represented by Ambassador Satu Mattila-Budich.

4.8.2023 | Before Russia's invasion of Ukraine in February 2022, approximately one third of the energy used in Finland was imported from Russia. That share was reduced almost to zero in a few months, and the energy war launched by Russia increased consumer prices remarkably. As the energy markets have changed, it is the time to look how Russian energy was replaced and what more permanent effects trade changes will have.

27.6.2024 | Emissions from energy production are decreasing substantially but further actions will be needed to reach the national targets and meet the obligations set at the EU level. In particular, further actions will be needed in the land use and effort sharing sectors.

23.6.2023 | The European Union introduces significant new instruments in its eleventh package of restrictive measures against Russia to prevent circumvention and evasion of sanctions, particularly through third countries. These instruments include several facilities for targeting sanctions against parties that circumvent sanctions and assist in such circumvention. Export bans, bans on transit through Russia and individual sanctions lists are expanded.

6.2.2024 | On 6 February 2024, the European Commission issued a Communication concerning the climate target for 2040 and a Communication on Industrial Carbon Management. The Communications open up paths towards new clean solutions and further development of carbon sequestration.

13.5.2022 | The European Council has stated that the EU will work to get rid of its dependence on Russian energy as soon as possible. Decisions on sanctions and trade diversion are topical. Long-term investments will be guided by, among other things, the EU's Fit for 55 package. In the coming weeks, there will be many far-reaching decisions on European energy policy.

24.11.2022 | On 24 November 2022, the Government authorised the Ministry of Economic Affairs and Employment to make on its behalf a EUR 200 million gratuitous investment in the Climate Fund’s reserve of unrestricted equity. The capitalisation would occur in one instalment in 2022.

9.3.2022 | An action plan published by the European Commission on 8 March 2022 sets the objective of achieving independence from Russian energy by the end of the decade. We can immediately change suppliers of many fuels. However, a long-term transformation will require major investments in energy and industrial facilities as well as transmission lines. At the same time, we must accept that the change will have an effect on energy prices.

20.12.2021 | On 17 December 2021, the Ministry of Economic Affairs and Employment decided to grant investment aid to four major renewable energy demonstration projects. The total amount of aid granted was EUR 64.12 million.

13.8.2020 | The draft budget of the Ministry of Economic Affairs and Employment for 2021 prioritises a growth policy that will promote sustainable economic growth.

15.3.2022 | Prime Minister Sanna Marin gave an opening speech on the current foreign and security policy situation at Parliament's topical debate on Tuesday 15 March 2022. Speech to be checked against delivery.