Country:Finland
Year:2010
Policy status:In Force
Jurisdiction:National
Date Effective:2010
Policy Type:Economic Instruments>Fiscal/financial incentives>Feed-in tariffs/premiums
Policy Target:Wind, Bioenergy>Biomass for power
Policy Sector:Electricity
Size of Plant Targeted:Small and Large
Agency:Ministry of Energy
URL:http://www.emvi.fi/files/Act_Production_Subsidies_Legislation_2011.pdf
URL:http://www.emvi.fi/files/Feed_in_tariff_summary_6_2013.pdf
URL:http://www.tem.fi/?89521_m=101689&l=en&s=2471
Legal References:Act on Production Subsidy for Electricity Produced from Renewable Energy Sources, No 1396/2010 issued 30th December 2010
Funding:Eur 55.35 million for 2011 budget
Description:

The Finish government 2020 strategy seeks to increase the share of renewable energies in total final consumption from 28% in 2010 to 38% by 2020, and reach:

  • 6TWh of wind power generation by 2020;
  • 22 TWh of fores chips utilised as fuel by 2020;

Feed-in tariff scheme is open for following renewable energy technologies: 

  • wind, biogas, timber chip and wood-fuelled power plants.

Feed-in tariff levels:

The feed-in tariff for wind, biogas and wood fuel power plants comprises the target price less the three-month mean market price of electricity. The target price is EUR 83.50/MWh. However, wind power plants receive an increased target price of EUR 105.30/MWh until the end of 2015.

The feed-in tariff payable to timber chip power plants is determined according to the three-month mean price of emission rights and the energy tax on peat.

Related policies:National Renewable Energy Action Plan (NREAP) , Long-term Climate and Energy Strategy

Last modified: Fri, 12 Jul 2013 14:43:01 CEST