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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
                • 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 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

                • Oct 2018

                Energy Policies of IEA Countries: Finland 2018 Review

                …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. A longer-term policy framework for 2050 will be pivotal to guide investments in clean energy technology innovation, a critical factor…

                Aerial View Finland
                • Country report

                • Mar 2000

                Energy Policies of IEA Countries: Finland 1999

                …merger of Finland's largest electricity company with the country's dominant oil and gas conglomerate did nothing to alleviate this situation. Price regulation and anti-trust oversight may have to be strengthened. Nevertheless, the Finnish power market is a successful example and worthwhile for other countries to study. Finland was the first country in the world to introduce a carbon tax and has an excellent record in energy efficiency policy. But carbon emissions continue to rise. Increased use of natural gas and Finland's interconnection to the EU gas grid may be the best approach to reducing CO2 emissions.

                • Country report

                • May 2023

                Finland 2023

                …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 key industrial activities, remain dependant on fossil fuels. Also, land use change and forestry in Finland, which have historically offset a significant amount of greenhouse gas emissions, became a net source of emissions for the first time in 2021. In this report, the IEA provides a range of energy policy recommendations to help Finland…

                • Executive summaryExecutive summary
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                • Country report

                • May 2013

                Energy Policies of IEA Countries: Finland 2013 Review

                …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 the Parliament has approved the construction of two more nuclear power plants. If all planned projects are completed, the share of electricity produced by nuclear could double by 2025, reaching around 60%. This would contribute to diversifying Finland’s energy security and meeting its…

                • Report

                • Apr 2025

                IEA Support to Accelerating Renewable Energy Permitting (ARPE)

                …providing multiple applicable insights for policy makers in focus countries and beyond.This webpage contains a summary of the main findings resulting from the ARPE action, as well as the summary reports containing the main findings of each workshop. It provides examples of solutions and can inform policy-making, 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…

                • 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

                …more frequent and longer. Rising temperatures are reducing heating degree days (HDDs) while cooling degree days (CDDs) increase only slightly. Indeed, Finnish winters have undergone more significant changes in recent decades than other seasons, becoming two weeks shorter in 1991-2020 than in 1981-2010 on the south and west coasts. This shortening of the winter is likely to decrease energy consumption for heating. Precipitation The high interannual variability of Finland’s precipitation patterns makes it difficult to detect long-term trends. Northern Finland is drier in general than southern and eastern regions, which experience higher average precipitation. Compared with...

                • 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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