Policy status:Superseded
Date Effective:1999
Policy Type:Economic Instruments>Fiscal/financial incentives>Grants and subsidies, Policy Support>Strategic planning, Economic Instruments>Fiscal/financial incentives>Taxes, Economic Instruments>Fiscal/financial incentives>Tax relief
Policy Target:Wind>Onshore, Bioenergy>Biomass for power, Bioenergy>Biomass for heat, Bioenergy>Biofuels for transport, Geothermal>Heat, Hydropower
Policy Sector:Multi-sectoral Policy
Agency:Finnish Ministry of Trade and Industry
Funding:target is 120 million €/year in 2003-2010
Description:This programme aimed to increase the market competitiveness of renewable energy sources as part of the National Climate Strategy of 2001. The Finnish Ministry of Trade and Industry issued in November 1999 a comprehensive programme to increase the use of renewable energy by 50% compared to 1995 levels and 30% to 2001 levels by 2010. Grants for renewable energy use account for 200 million Finnish marks (€33 million) and subsidies in energy taxation reach a total of 300 million marks (€50 million) annually. The cornerstone of the programme is to enhance use of biomass, which accounts for 90% of the proposed increase. Installations using thermal pumps cover 4% of the planned extra capacity and both wind farms and hydropower plants each account for 3% of the target. The ministry is also expecting solar cell technology to fulfil 0.5% of the future increase.
This record is superseded by:Action Plan for Renewable Energy Sources 2003-2006

Last modified: Thu, 10 Jan 2013 15:23:38 CET