Search

10.3.2026 | The Ministry of Economic Affairs and Employment has adopted the financial statement of the National Nuclear Waste Management Fund for 2025 and decided on the recognition of the profit of the Fund as revenue. The Fund consists of two separate assets, the Financial Provision Fund and the Research Fund for Nuclear Waste and Nuclear Safety Research, which focuses on expertise in the nuclear energy use.

7.8.2025 | Finland is known as a country of responsible use of nuclear energy. Safety comes always first. Responsibility includes ensuring the funds required for nuclear waste management and for the decommissioning of facilities. An extensive legislative reform is, however, required to streamline regulation and licensing. The reform process is also driven by the need to take account of new technologies and the profitability challenges of the sector.

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.

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.

25.3.2024 | The Ministry of Economic Affairs and Employment has adopted the financial statement of the National Nuclear Waste Management Fund for 2023 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.

18.9.2025 | The OECD’s Nuclear Energy Agency (NEA) and the Government of South Korea will organise a ministerial meeting in Paris on 18–19 September 2025. The Roadmaps to New Nuclear meeting aims to strengthen cooperation between governments and industry to boost the role of nuclear power in providing clean energy and securing energy supply. Finland will be represented by Mika Nykänen, State Secretary to Minister of Climate and the Environment Sari Multala.

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.

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.

24.3.2026 | Finland has joined the US-led Foundational Infrastructure for Responsible Use of Small Modular Reactor Technology (FIRST) programme as a contributing partner. Led by the State Department’s Bureau of Arms Control and Nonproliferation (ACN), FIRST harnesses the power of the nuclear industry to expedite responsible nuclear reactor deployment worldwide.

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.

15.4.2026 | Kuopion Energia Oy has submitted to the Ministry of Economic Affairs and Employment an environmental impact assessment (EIA) programme concerning its plan to build a small nuclear power plant in Kuopio for district heating production. The EIA programme is a plan prepared by the party responsible for the project that details the necessary analyses and organisation of the environmental impact assessment procedure.

30.3.2023 | On 30 March 2023, the Government granted Fortum Power and Heat Oy an operating licence for the disposal facility for low and intermediate level waste, located in the Loviisa power plant area. The new licence, which will be in force until 2090, will replace the current one expiring in 2055.

1.3.2022 | The national programme and environmental impact assessment of spent nuclear fuel and radioactive waste management were published on 1 March 2022. The programme was drawn up by the Ministry of Economic Affairs and Employment and the Ministry of Social Affairs and Health together with the Radiation and Nuclear Safety Authority. The programme’s aim is to ensure that all spent nuclear fuel and radioactive waste generated in Finland is managed safely and without undue delay.

6.6.2024 | The Finnish Minister of Climate and the Environment, Kai Mykkänen met with members of an American nuclear energy delegation visiting Finland and Sweden on June 6, 2024. The group was led by the U.S. Acting Assistant Secretary of Energy responsible for nuclear energy, Michael Goff, and the CEO of the Nuclear Energy Institute (NEI), Maria Korsnick. The delegation includes nearly 20 influential figures in the American nuclear energy sector.

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.

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.

2.9.2019 | A working group tasked with assessing the legal standards that regulate the investment activities of the National Nuclear Waste Management Fund and the investment instruments available to it submitted its report to Minister of Economic Affairs Katri Kulmuni on 2 September 2019. The working group proposed various ways of improving the regulation and administration of the investment of assets under the Fund’s management.

2.9.2019 | The National Cooperation Group on Nuclear Waste Management presented its final report to Minister of Economic Affairs Katri Kulmuni on 2 September 2019. It is the group’s opinion that it is important to ensure appropriate management of all existing and future radioactive waste in Finland, regardless of its origin, producer or production method.

5.8.2021 | The Ministry of Economic Affairs and Employment, the Ministry of Social Affairs and Health, and the Radiation and Nuclear Safety Authority published a draft of the national programme for spent fuel and radioactive waste management on 5 August 2021. A report on the environmental impacts of the programme was released at the same time.

26.4.2024 | The Ministry of Economic Affairs and Employment issued a statement on the EIA-programme on 25 April 2024 concerning an extension to the service life of Olkiluoto 1 and Olkiluoto 2 nuclear power plant units in Eurajoki as well as an increase to their thermal output. The Ministry received from Teollisuuden Voima Oyj an environmental impact assessment programme on 5 January 2024.