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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.

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.

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.

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.

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.

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.

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.

13.6.2025 | In its meeting on Friday 13 June, the Ministerial Committee on European Union Affairs outlined Finland’s positions on the Commission’s plans to phase out energy imports from Russia, the Commission’s communication on artificial intelligence and its proposal regarding the Asylum Procedure Regulation. The Ministerial Committee on EU Affairs also discussed the EU–Mercosur Association Agreement.

14.5.2021 | On 14 May 2021, Teollisuuden Voima Oyj submitted an environmental impact assessment report concerning its project on the final disposal of very low-level nuclear waste in the Olkiluoto nuclear power plant area to the Ministry of Economic Affairs and Employment. The Ministry of Economic Affairs and Employment acts as the coordinating authority in the project.

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.

29.1.2019 | The Finnish research programme on Nuclear Waste Management, KYT2018, is at the end of its four-year term. The final seminar on 29 January 2019 at Finlandia Hall in Helsinki presents the achievements of the programme and considers how national nuclear waste research best supports the safe use of nuclear energy in Finland.

27.6.2025 | The clean energy transition is progressing at a good pace, thanks in part to the emissions trading system. However, reaching Finland’s climate targets will require more action in the effort sharing sector, and especially in the land use sector where emissions increased compared to the previous year.

18.5.2022 | An international evaluation commissioned by the Ministry of Economic Affairs and Employment of the ongoing SAFIR2022 and KYT2022 safety research programmes for nuclear power plants and nuclear waste management has been completed. The evaluation, which also provided feedback on the preliminary plan for the SAFER2028 research programme, was published on 17 May 2022.

14.8.2020 | On 14 August 2020, Teollisuuden voima Plc submitted an environmental impact assessment programme (EIA programme) on the final disposal of very low-level nuclear waste in the Olkiluoto nuclear power plant area in Eurajoki to the Ministry of Economic Affairs and Employment. The alternatives are constructing a new near-surface disposal facility or expanding the deep geological repository currently in use.

29.4.2025 | 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(11) Government discussions on the General Government Fiscal Plan 22–23 April 2025 Entries in t...

8.2.2022 | The Ministry of Economic Affairs and Employment requests comments on Posiva Oy’s application for an operating licence that the company submitted to the Government on 30 December 2021 for an encapsulation plant and a disposal facility for spent nuclear fuel. The encapsulation plant is located above ground and an underground repository of the disposal facility is located in the bedrock at a depth of approximately 400–430 metres in Olkiluoto, Eurajoki.

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.

30.12.2021 | On 30 December 2021, Posiva Oy submitted to the Government an operating licence application referred to in the Nuclear Energy Act for an encapsulation plant and a disposal facility for spent nuclear fuel. The facility is currently under construction in Olkiluoto, Eurajoki. Posiva is applying for an operating licence for a period from March 2024 to the end of 2070.

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...

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.