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            • Oil Market Report - June 2026

              Fuel report — 17 June 2026

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            • Sheltering From Oil Shocks

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              Fuel report — 20 March 2026

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              Finland Clear all
                • Report

                • Apr 2025

                IEA Support to Accelerating Renewable Energy Permitting (ARPE)

                …as well as all other stakeholders engaged in renewable energy project development.The project was funded by the European Union (EU) via the Technical Support Instrument, which is managed by the Reform and Investment Task Force (SG REFORM) of the European Commission. The project is implemented by the International Energy Agency (IEA), in cooperation with the European Commission. Background In May 2022, the European Commission released the REPowerEU aimed at rapidly accelerating the clean energy transition in the European Union. The plan includes increasing the 2030 target for renewable energy in the overall energy mix to 42.5% (with the ambition…

                • Country report

                • May 2023

                Finland 2023

                …and strongly expanding wind generation. Thanks to the progress Finland has made on its clean energy transition, the country has the second lowest share of fossil fuels in its energy supply among IEA members. It is also reducing its reliance on Russian energy imports and ensuring energy security by increasing imports from other countries, raising domestic renewable energy production and improving energy efficiency. Despite these notable successes in clean energy and energy security, significant challenges remain. Imported fossil fuels still account for over a third of the energy supply while some areas of the Finnish economy, such as transport and…

                • Executive summaryExecutive summary
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                • Country report

                • Oct 2018

                Energy Policies of IEA Countries: Finland 2018 Review

                …sustainability and the country’s carbon sink, and it offers perspectives for Finland’s potential for innovation in heavy duty, aviation and maritime transport. The country has aligned its climate and energy policies within a robust policy framework and set ambitious climate targets for 2030, such as cutting oil consumption in half and achieving 30% of renewables in transport by 2030. As the power sector is largely decarbonised, transport is a key sector for the country’s ambitious national climate targets. Finland has been a leader among IEA countries in public and private spending on energy research, development and demonstration…

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                • Country report

                • May 2013

                Energy Policies of IEA Countries: Finland 2013 Review

                …fuels, and energy policy is at the heart of the government’s concerns.The government’s energy strategy aims to strengthen Finland’s energy security, to move progressively towards a decarbonised economy, and to deepen its integration in the wider European market. Finland has a very ambitious renewable energy programme, with a view to meeting 38% of its final energy consumption from renewable sources by 2020. Finland is the most forested country in Europe; biomass will thus play a central role in meeting the target. Finland is one of few IEA countries with plans to expand its nuclear capacity, and…

                • Country report

                • Mar 2004

                Energy Policies of IEA Countries: Finland 2003

                …for backup power, and efforts to diversify natural gas supply options would reinforce this policy.
                While Finland’s light-handed approach to regulation has worked well, the report recommends areas of more proactive regulation, especially in the fields of electricity networks and district heating systems.
                Finland has agreed to keep GHG emissions at 1990 levels during the first Kyoto commitment period, yet projections show a 15% increase in emissions under business-as-usual conditions. Actively integrating international measures such as emissions trading into domestic programmes and more market-based approaches to renewable energy will ease the path towards Kyoto compliance.

                • Country report

                • Mar 2008

                Energy Policies of IEA Countries: Finland 2007

                …should continue to explore ways to diversify import sources and routes. The new nuclear power plant currently being built – the first in a liberalised market – will help safeguard energy security, though the construction delays necessitate continued monitoring. Subsidies for peat, a fuel in abundance in Finland, should be reconsidered, as they do not enhance energy security. On the other hand, the government should continue to explore ways to expand new renewables, building on the current stock of biomass and hydro. This review takes an in-depth look at Finland’s energy policy today, highlighting energy efficiency and energy R&D.

                • Country report

                • Mar 2000

                Energy Policies of IEA Countries: Finland 1999

                Energy Policy Review Energy Policies of IEA Countries: Finland 1999 This IEA report provides a comprehensive, in-depth assessment of the energy policies of Finland, including recommendations on future policy developments. Over the past years, Finnish energy markets have undergone reform and restructuring. Competition was introduced into the electricity market in 1995, and has since been strengthened significantly. Competition in the natural gas market is imminent. Finland is not yet connected to the EU natural gas network, but the rules on competition cover cross-border competition from the outset to prepare for the future. Attention still needs to be given…

                • Country report

                • Sep 2012

                Oil and Gas Emergency Policy: Finland 2012 update

                Oil and Gas Emergency Policy: Finland 2012 update In 2007, the IEA published Oil Supply Security: Emergency Response of IEA Countries 2007. This report provided an overview of the IEA oil emergency response system and a detailed look at the specific systems in each IEA country for responding to an oil supply crisis. The report represented the findings of a five-year review cycle of the emergency response mechanisms in IEA member countries. Since the 2007 publication, the IEA has started a new cycle of reviews which now includes reviewing gas emergency policies. Rather than waiting for the completion of…

                • Article

                • 21 Mar 2022

                Finland Climate Resilience Policy Indicator

                …long-term trends, climate projections indicate an increasing precipitation trend. Heavy precipitation events could become more frequent in the summer, resulting in more flooding, while winters could be cloudier. These changes may affect climate-sensitive renewable energy sources, for instance by making greater hydropower generation possible and reducing solar energy potential in the winter. Based on extensive research, Finland has identified measures to adapt to climate change in the energy sector. Its Seventh National Communication under the United Nations Framework Convention on Climate Change describes ongoing and planned adaptation measures such as dam safety improvement through flood management, and the…

                • Article

                • 31 Jul 2020

                Finland's legislation on oil security

                Introduction The Finish legislative response to oil supply disruptions relies on a multiplicity of primary and secondary legislative measures. While the consolidated versions of the 1994 Act on the Compulsory Stockholding of Imported Fuels (1994/1070) (SIF) and the 1992 Act on Safeguarding Security of Supply (1992/1390) (SSS) provide the framework, more detailed guidance is contained in the 1994 Regulation on Mandatory Storage of Imported Fuels (1994/1071) (MSIF), the 2008 Government Decree on the Emergency Supply Agency (2008/455) (DESA) and the 2013 Government Decision on Security of Supply Objectives (2013/857) (DESO). Relevant domestic legislation Related domestic…

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