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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.

4.11.2025 | Rapporteur Veli-Matti Mattila proposes in his report measures such as continuing electricity tax relief and streamlining permit procedures for data centres with high value added.

4.1.2024 | The price of exchange electricity – the spot price of electricity sold on the power exchange – will rise to record levels on Friday 5 January 2024. Even at its lowest, the hourly changing price of electricity, including the Finnish value added tax, will be more than a euro per kilowatt-hour (kWh) between 6.00 and 21.00 and more than two euros between 15.00 and 20.00.

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. 

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.

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.

28.1.2021 | On 28 January 2021, the Government submitted a proposal to Parliament to curb the rise in electricity distribution prices and cut the profits of distribution companies by amending the Electricity Market Act and the Act on the Supervision of the Electricity and Natural Gas Market. The Acts are intended to enter into force as soon as possible.

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.

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...

18.2.2022 | Energy prices have risen substantially over the past year both in Finland and throughout Europe. Energy prices have risen less in Finland than the euro zone average, but significantly nonetheless. The Government has decided on temporary targeted measures in response to rising energy prices.

24.10.2024 | The European Union has a challenging starting point for the next five years. Although the energy crisis has largely been overcome, geopolitical uncertainty continues and strong investments in military and civilian security are necessary. The political situation in many Member States is unstable, including Germany and France.

1.12.2021 | The EU's Energy Council will convene in Brussels on 2 December 2021. State Secretary Jukka Ihanus will represent Finland on behalf of Minister of Economic Affairs Mika Lintilä. The meeting will focus on the energy initiatives in the Fit for 55 package concerning renewable energy and energy efficiency and the recent rise in energy prices in Europe.

7.6.2024 | The availability and price of natural gas (methane) have been at the heart of Europe's response to Russia's aggression in connection with the war in Ukraine. A massive military invasion of Ukraine began in February 2022, but the energy war started already in summer 2021 as Russia manipulated gas trade to the European Union.

21.1.2022 | The EU’s environment and energy ministers will convene in informal meetings in Amiens, France on 20–22 January 2022. Emma Kari, Minister of the Environment and Climate Change, and Jukka Ihanus, State Secretary to Minister of Economic Affairs Mika Lintilä, will represent Finland in the meetings hosted by France.

25.3.2024 | Clean energy is one of the main themes of Prime Minister Petteri Orpo’s government program in Finland. The energy and climate policy actions for the coming years will be outlined in a comprehensive national strategy. The key objective is to establish a predictable and economically sustainable foundation for the significant investment efforts needed to advance both climate goals and our national economy.

31.8.2023 | This year, more than 40 per cent of Finnish electricity is produced with nuclear energy. In the future, nuclear energy can also be produced in smaller units and used for new purposes, such as heating industry and buildings. A new outlook for the sector's activities requires a new approach also in the administration.

16.2.2023 | The expectations of small and medium-sized enterprises (SMEs) fell towards the end of the year. The near-term outlook of companies has been negatively affected by Russia’s war of aggression in Ukraine and the rising prices fuelled by the war. The European Central Bank continues to raise interest rates and the energy market is in turmoil.

13.11.2024 | On 13 November 2024, the Ministry of Transport and Communications published the national programme on the distribution infrastructure for alternative fuels. The programme, which was drawn up in broad-based cooperation with stakeholders, facilitates the implementation of EU regulation.

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.

13.12.2022 | The EU energy ministers will meet at an extraordinary Council meeting in Brussels on 13 December 2022. The only item on the agenda is the European Commission’s proposal of 22 November for a Council regulation establishing a market correction mechanism to protect citizens and the economy against excessively high gas prices.