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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.

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.

27.9.2024 | Finland’s Ministry of Economic Affairs and Employment and the Estonian Ministry of Climate signed a Memorandum of Understanding (MoU) concerning the protection and repair of underwater energy infrastructure on 27 September 2024.

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.

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.

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.

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. 

22.6.2022 | A national hydrogen network will be established in Finland. On Wednesday 22 June, the Ministerial Committee on Economic Policy supported expanding the group-level mandate of the wholly state-owned Gasgrid Finland Oy to include hydrogen transmission infrastructure and the development of a related hydrogen market in Finland.

20.12.2022 | The aim of the legislative amendment is to support low-income households that have difficulties in paying their electricity bills. Financial support for electricity will be available to households that cannot, due to their low income, fully make use of the tax credit for household expenses to deduct their electricity bills.

20.10.2022 | The aim of the proposal is to support low-income households that have difficulties in paying their electricity bills. Financial support for electricity would be available to households that can-not, due to their low income, fully make use of the tax credit for household expenses to deduct their electricity bills.

20.10.2021 | The Ministry of Economic Affairs and Employment has granted Fingrid Oyj a permit to construct a transmission line of 400 kilovolts that will cross the border between Finland and Sweden. The interconnector would increase the transmission capacity between Finland and Northern Sweden from Sweden to Finland by 800 MW and from Finland to Sweden by 900 MW.

20.5.2026 | The views on data centres and their electricity use presented in public tend to either depict the centres as a threat to the sufficiency of electricity or, alternatively, highlight the necessity and benefits of such investments. However, data centres are not a black-and-white issue. Data centres should be seen as a part of the overall economic change, data sovereignty and general electrification. Thro...

27.1.2022 | On January 26 2022, the Energy programme committee of the EU’s Connecting Europe Facility (CEF) decided to grant EUR 127 million for the implementation of a planned electricity transmission line between Northern Finland and Northern Sweden. The amount will be divided between Finland and Sweden. The financial support covers 50% of the project costs.

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.

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.

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.

1.9.2022 | The measures taken in the administrative branch of the Ministry of Economic Affairs and Employment will support economic growth that is socially, economically and ecologically sustainable. The key objectives include ensuring a predictable investment environment, promoting productivity growth and full use of available labour, supporting clean technology investments and improving energy self-sufficiency.

15.7.2021 | On 15 July 2021, the President of the Republic approved legislation to curb rises 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 enter into force on 1 August 2021.

18.12.2025 | Finland’s economic recovery has been weaker than expected this year. The general government deficit is wide, and the debt ratio will continue to grow, estimates the Ministry of Finance in its economic forecast published on 18 December.

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.