Tesi’s new investment strategy will strengthen the conditions for growth
The Government’s main objective is to return Finland to a growth path. Concentrating the state’s capital investment activities under the Finnish Industry Investment Group is part of this work. Together with a stronger industrial policy task, additional capitalisation and a new investment strategy, Tesi will become an even stronger promoter of growth, renewal and investment.
Column: Paths to Promote Nuclear Energy Investments
In Finland, there is broad recognition of the important role that nuclear energy will also play in the future. There is a willingness to build new capacity, yet the profitability of investments has clearly weakened over the years. What different means could be considered to advance nuclear energy? This is what Director General Riku Huttunen ponders in his column.
What Will Finland Look Like in 2040 in the Sectoral Low-Carbon Roadmaps?
By summer 2023, only three years had passed since the publication of the sectoral low-carbon roadmaps in 2020. A provision in Petteri Orpo’s government program from June 2023 mandated the Ministry of Economic Affairs and Employment and various sectors to revisit the roadmaps in light of the evolving operating environment. With this mandate, the update process began in autumn 2023. By autumn 2024, all 14 participating sectors had completed their updates.
Europe needs investments – what is the EU's new energy and climate agenda?
The EU faces challenging prospects for the next five years. The geopolitical situation is uncertain, and the political landscape in several countries is unstable. There is a need to boost the economy, and clean solutions are seen as a driver of growth. However, these investments require huge capital and a stable regulatory environment. In his column, Director General Riku Huttunen reflects on the outlook for EU energy and climate policy and the choice between placing more emphasis on markets or on subsidies and regulation.
Phasing out Russian gas will continue – EU prepares for the coming winter
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.
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