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22.4.2026 | Prime Minister Petteri Orpo’s Government has agreed on the General Government Fiscal Plan for 2027–2030. Both the global economy and Finland’s finances are facing challenges. In its spending limits session, the Government focused on new targeted measures to strengthen people’s confidence in the future and improve the conditions for growth and employment.

26.6.2025 | The Ministry of Economic Affairs and Employment has sent out for comments the draft of the new Nuclear Energy Act. Primarily, the new act aims to ensure that the use of nuclear energy is in line with the overall good of society, that the operations are safe and that nuclear waste generated in Finland is handled properly.

18.12.2025 | Minister of Climate and the Environment Sari Multala and Estonia’s Minister of Energy and the Environment Anders Sutt discussed future opportunities for Finnish-Estonian energy cooperation in Helsinki on 18 December 2025. The countries have so far had successful collaboration on developing the transmission networks for electricity and gas, protecting critical infrastructure and creating a common electricity market.

13.3.2025 | The Ministry of Economic Affairs and Employment has adopted the financial statement of the National Nuclear Waste Management Fund for 2024 and decided on the recognition of the profit of the Fund as revenue. The Fund consists of two separate funds, the Financial Provision Fund and the Research Fund for Nuclear Energy Expertise.

18.11.2024 | Finland and the United Kingdom will intensify their cooperation in a broad range of peaceful uses of nuclear energy. The countries have signed a Memorandum of Understanding (MoU) with the aim to establish structures for collaboration concerning nuclear energy projects, programmes, research and development, and policies.

29.8.2024 | On 29 August 2024, the Government appointed a new Board for the National Nuclear Waste Management Fund for the term of 1 September 2024–31 August 2027. The chair of the new Board will be Chief Risk Officer Jarkko Heikkilä from the Elo Mutual Pension Insurance Company.

5.1.2024 | On 5 January 2024, the Ministry of Economic Affairs and Employment received from Teollisuuden Voima Oyj an environmental impact assessment (EIA) programme referred to in the Act on the Environmental Impact Assessment Procedure. The programme concerns extending the service life of Olkiluoto 1 and Olkiluoto 2 nuclear power plant units located in the Olkiluoto nuclear power plant area in Eurajoki as well as increasing their thermal output.

11.4.2024 | Nuclear energy is produced for good reasons. In the early days of January, the coldest winter conditions for decades raised electricity consumption in Finland to a maximum of 15 gigawatts, which is the biggest quantity for nearly a decade. There was indeed demand for electricity produced with nuclear energy. The more challenging energy market situation has increased support for the use of nuclear energy across Europe.

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.

7.6.2022 | “Due to the ongoing war in Ukraine, we are in a historical situation where we have to find energy solutions independent of the imports from Russia. Together with climate change, this poses an enormous challenge. We need to make use of all tools and capabilities to find solutions to these challenges and increase our resilience,” Minister of Economic Affairs Mika Lintilä said in his speech at the opening event of the Nordic Nuclear Forum 2022 in Helsinki on 7 June 2022.

24.5.2022 | On 24 May 2022, Fennovoima Oy submitted to the Ministry of Economic Affairs and Employment a notification by which it cancels the construction licence application concerning the Hanhikivi 1 nuclear power plant. The company announced on 2 May 2022 that it has terminated the plant delivery contract concluded with Russian RAOS Project.

18.1.2024 | On Thursday 18 January, the Government appointed Petteri Tiippana to serve as Director General of the Radiation and Nuclear Safety Authority (STUK), starting on 1 February 2024. The appointment is for a fixed term until 31 January 2029.

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.

14.1.2022 | On 14 January 2022, the Ministry of Economic Affairs and Employment released its informed conclusion on the environmental impact assessment report of Fortum Power and Heat Oy’s nuclear power plant in Loviisa. In the conclusion, the Ministry of Economic Affairs and Employment, as the coordinating authority, states its view on the significant environmental impacts of the project. The conclusion is ba...

1.2.2022 | Finland and Sweden have sent a letter to Mairead McGuinness, EU Commissioner for financial services, financial stability and the Capital Markets Union, in which they express their concerns about the proposed technical screening criteria for nuclear power in the draft complementary delegated act of the EU Taxonomy Regulation. The College of Commissioners is expected to publish the final delegated act this week.

16.2.2023 | On 16 February 2023, the Government granted an operating licence to Fortum Power and Heat Oy (Fortum) for nuclear power plants units Loviisa 1 (LO1) and Loviisa 2 (LO2), in accordance with the Nuclear Energy Act. The new operating licence allows energy production at the nuclear power plant units until the end of 2050. The current operating licences for Loviisa expire on 31 December 2027 (LO1) and 31 December 2030 (LO2).

5.12.2024 | On 5 December 2024, the Ministry of Economic Affairs and Employment received an environmental impact assessment (EIA) report from Teollisuuden Voima Oyj (TVO). The report assesses the environmental effects of a potential extension to the service life of Olkiluoto 1 and Olkiluoto 2 nuclear power plant units as well as an increase to their thermal power.

17.12.2024 | Consultation has begun on the environmental impact assessment (EIA) report concerning the lifetime extension and increased thermal power of the Olkiluoto 1 and Olkiluoto 2 nuclear power plant units of Teollisuuden Voima Oyj (TVO). Comments on the report will be accepted at the Lausuntopalvelu.fi service from 17 December 2024 to 14 February 2025. In addition, a hearing event open to the public will be held in Eurajoki on 6 February 2025

27.11.2020 | On 13 August 2020, Fortum submitted an environmental impact assessment (EIA) programme to the Ministry of Economic Affairs and Employment. It started a procedure, which will assess the environmental impact of continuing, or alternatively closing, the operation of the Loviisa nuclear power plant as well as the impact of the options for the final disposal facility of low and intermediate-level waste.

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...