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  1. European Commission proposes reforms to emissions trading – flexibilities for industry, more stable rules for markets - Finnish Government

    17.7.2026 | On 17 July 2026, the European Commission gave a proposal on the reform of the Emissions Trading Directive. The Commission will reform emissions trading to promote the implementation of the 2040 climate target and ensure predictable regulation in the emissions trading sector.
    https://valtioneuvosto.fi/en/-/1410903/european-commission-proposes-reforms-to-emissions-trading-flexibilities-for-industry-more-stable-rules-for-markets

  2. Working group on non-fossil flexibility considers a model for promoting security of supply and flexibility of electricity market - Finnish Government

    27.5.2025 | The working group on non-fossil flexibility appointed by the Ministry of Economic Affairs and Employment has released its final report. According to it, flexible demand for and supply of electricity as well as various energy storages will be necessary to respond to the challenges of rapidly fluctuating electricity generation driven by increasing renewable energy production.
    https://valtioneuvosto.fi/en/-/1410877/working-group-on-non-fossil-flexibility-considers-a-model-for-promoting-security-of-supply-and-flexibility-of-electricity-market

  3. Legislative amendment to boost clean energy investments and develop electricity grids approved - Finnish Government

    23.10.2025 | The amendment to the Electricity Market Act will promote the integration of the increasing electricity generation and growing consumption loads into the main grid and high-voltage distribution network. The Government submitted the Act to the President of the Republic for approval on 23 October 2025. The Act will enter into force on 1 January 2026.
    https://valtioneuvosto.fi/en/-/1410877/lakimuutos-puhtaan-energian-investointien-edistamiseksi-ja-sahkoverkkojen-kehittamiseksi-hyvaksytty-1

  4. Legislative amendments to boost integration of increasing electricity generation and consumption into electricity grids - Finnish Government

    8.5.2025 | On 8 May 2025, the Government submitted to Parliament a proposal for acts amending the Electricity Market Act and sections 12 and 96 of the Natural Gas Market Act. The main objective of the proposal is to facilitate the integration of the increasing electricity generation and consumption loads into the transmission system and high-voltage distribution networks.
    https://valtioneuvosto.fi/en/-/1410877/legislative-amendments-to-boost-integration-of-increasing-electricity-generation-and-consumption-into-electricity-grids

  5. Working group to explore ways to promote security of supply and flexibility of electricity market - Finnish Government

    18.9.2024 | The increase in variable renewable electricity generation has increased the variation in the supply available on the market, and as a result, affected security of supply and increased the fluctuation in electricity prices. Generation may vary significantly within days, between days and at different seasons, sometimes unpredictably.
    https://valtioneuvosto.fi/en/-/1410877/working-group-to-explore-ways-to-promote-security-of-supply-and-flexibility-of-electricity-market

  6. Working group for reforming the Electricity Market Act to facilitate network connections for electricity generators and industrial investments - Finnish Government

    12.4.2024 | The Ministry of Economic Affairs and Employment has appointed a working group to prepare a proposal for reforming the Electricity Market Act to integrate the increasing electricity production and the growing load demands into the transmission network and the high-voltage distribution networks. The working group should submit its proposal to the Ministry by 29 November 2024.
    https://valtioneuvosto.fi/en/-/1410877/working-group-to-prepare-legislative-proposal-on-integration-of-increasing-electricity-production-and-growing-load-demands-into-high-voltage-grids

  7. EU energy ministers aim to reach agreement on new electricity market design - Finnish Government

    16.10.2023 | The EU energy ministers will convene in Luxembourg on 17 October 2023 for the first official Energy Council under the Spanish Presidency. The ministers will seek a general approach on a proposed Regulation to improve the EU’s electricity market design. Minister of Climate and the Environment Kai Mykkänen will represent Finland at the meeting.
    https://valtioneuvosto.fi/en/-/1410877/eu-energy-ministers-aim-to-reach-agreement-on-new-electricity-market-design

  8. Energy Council to discuss gas market package and electricity market design - Finnish Government

    27.3.2023 | The EU energy ministers will convene in Brussels on 28 March 2023 for the first official Energy Council under the Swedish Presidency. The aim is to reach a general approach on the gas market package and to hold a policy debate on the European Commission’s proposal to revise the EU electricity market design published on 14 March. Ann-Mari Kemell, State Secretary to Minister of Economic Affairs Mika Lintilä, will represent Finland at the meeting.
    https://valtioneuvosto.fi/en/-/1410877/energy-council-to-discuss-gas-market-package-and-electricity-market-design

  9. Government proposes measures to stabilise the electricity derivatives market - Finnish Government

    4.9.2022 | In its meeting on 4 September, the Ministerial Committee on Economic Policy discussed measures required in the electricity derivatives market. Stabilisation measures were also discussed in the government evening session on 4 September. The proposed central government scheme is a last-resort financing option for companies that would otherwise be at risk of insolvency.
    https://valtioneuvosto.fi/en/-/government-proposes-measures-to-stabilise-the-electricity-derivatives-market

  10. Government proposes measures to stabilise the electricity derivatives market - Finnish Government

    4.9.2022 | In its meeting on 4 September, the Ministerial Committee on Economic Policy discussed measures required in the electricity derivatives market. Stabilisation measures were also discussed in the government evening session on 4 September. The proposed central government scheme is a last-resort financing option for companies that would otherwise be at risk of insolvency.
    https://valtioneuvosto.fi/en/-/10616/government-proposes-measures-to-stabilise-the-electricity-derivatives-market

  11. Supplementary budget proposal to secure the effective functioning of the electricity market - Finnish Government

    5.9.2022 | The Government is proposing a EUR 10 billion loan and guarantee scheme for the energy sector. The aim is to ensure that energy companies can function through the current exceptional situation and to secure the effective functioning of the electricity market.
    https://valtioneuvosto.fi/en/-/10623/supplementary-budget-proposal-to-secure-the-effective-functioning-of-the-electricity-market

  12. EU energy ministers discuss electricity market reform and emergency measures to curb high gas prices - Finnish Government

    11.10.2022 | EU energy ministers will hold an informal meeting in Prague on 11−12 October 2022 to discuss the need and ways to reform the electricity market as well as emergency measures to curb high gas prices.
    https://valtioneuvosto.fi/en/-/1410877/eu-energy-ministers-discuss-electricity-market-reform-and-emergency-measures-to-curb-high-gas-prices

  13. State signs bridge financing agreement with Fortum to cover collateral needs in electricity derivatives market - Finnish Government

    6.9.2022 | The State of Finland will provide fixed-term bridge financing to Fortum Corporation to mitigate the difficult situation in the Nordic electricity derivatives market. The aim of the arrangement is to strengthen Fortum’s liquidity reserves and thereby secure Finland’s energy supply.
    https://valtioneuvosto.fi/en/-/state-signs-bridge-financing-agreement-with-fortum-to-cover-collateral-needs-in-electricity-derivatives-market

  14. Information exchange in the electricity retail market enters a new era – Datahub goes live successfully - Finnish Government

    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.
    https://valtioneuvosto.fi/en/-/1410877/information-exchange-in-the-electricity-retail-market-enters-a-new-era-datahub-goes-live-successfully

  15. Acts related to the introduction of Datahub for electricity retail market enter into force on 27 October - Finnish Government

    21.10.2021 | The legislative amendments required for the introduction of centralised information exchange services for the retail electricity market, the Datahub, will enter into force on 27 October 2021. These include the Act on amending the Electricity Market Act and the Act on temporary measures related to the introduction of centralised information exchange services in retail electricity market. The President of the Republic is scheduled to approve the legislative amendments on Friday 22 October 2021.
    https://valtioneuvosto.fi/en/-/1410877/acts-related-to-the-introduction-of-datahub-for-electricity-retail-market-enter-into-force-on-27-october

  16. Acts on retroactive reimbursement for electricity costs and extended payment periods of electricity bills enter into force next week - Finnish Government

    2.3.2023 | The acts on the temporary retroactive reimbursement for electricity costs, the extension to payment period of electricity bills and the temporary support to secure the liquidity of electricity companies and other related legislation will enter into force on 6 March 2023. The acts are set to be approved at the presidential session on Friday.
    https://valtioneuvosto.fi/en/-/1410877/acts-on-retroactive-reimbursement-for-electricity-costs-and-extended-payment-periods-of-electricity-bills-enter-into-force-next-week

  17. Save electricity on Friday – spot prices are up to 20 times higher than normal - Finnish Government

    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.
    https://valtioneuvosto.fi/en/-/1410877/save-electricity-on-friday-spot-prices-are-up-to-20-times-higher-than-normal

  18. EUR 6.1 million in EU funding to Finnish businesses for construction of electricity recharging points and hydrogen refuelling stations - Finnish Government

    10.4.2024 | The European Union has granted EUR 1.9 million to Finnish businesses for constructing recharging points for electric cars in the Baltic States and EUR 4.2 million for constructing hydrogen charging points in Finland. Funding was granted under the Transport Programme of the Connecting Europe Facility, CEF.
    https://valtioneuvosto.fi/en/-/1410829/eur-6.1-million-in-eu-funding-to-finnish-businesses-for-construction-of-electricity-recharging-points-and-hydrogen-refuelling-stations

  19. Government issues decree on critical electricity consumers - Finnish Government

    8.12.2022 | The Government has issued a decree that lays down provisions on classification of critical electricity consumers during disruptions, power shortages and crises. Grid operators must update their preparedness plans in accordance with the decree. 
    https://valtioneuvosto.fi/en/-/1410877/government-issues-decree-on-critical-electricity-consumers

  20. Radical events in the Finnish gas market - security of supply ensured - Finnish Government

    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 ...
    https://valtioneuvosto.fi/en/-/1410877/radical-events-in-the-finnish-gas-market-security-of-supply-ensured