On 28 June 2024, the Finnish government published key details of a planned tax subsidy for large industrial investments. The initiative seeks to accelerate investments in the green transition,
Vehicle Incentives While the subsidy scheme for passenger electric vehicles closed in 2022, Finland has committed €2.5 million from its 2023 budget to
This research considers the impact of government subsidies on port shore power construction and ship shore power use. It constructs a multi
This initiative, which is part of the Government''s broader economic growth package, seeks to attract significant investments by offering an investment credit targeted at
5 days ago· Alajarven kaupunki Finland has Released a tender for A Back -Up Power Machine Installed In A Container in Energy, Power and Electrical. The tender was released on Sep 03,
The objective of the tax subsidy would be to increase the number of large industrial investments that use electricity while also supporting the construction of a clean transition
The Government proposes that the current purchase subsidies for full electric passenger cars and gas powered trucks as well as the conversion subsidy for passenger cars
Abstract:This study optimises port infrastructure investment and shore-power subsidies considering the congestion at the bottlenecks and CO 2 emission reduction targets in inland
Saft has provided a 2 MW lithium-ion battery for a Fortum power plant in Järvenpää, Finland. Fortum will receive a 30% subsidy from Finland''s
Minister of Climate and the Environment Kai Mykkänen (NCP) talked about nuclear power at a press conference organised by Fortum, a majority state-owned power company, in
As Finland is proceeding towards achieving carbon neutrality by 2035, energy storage can help facilitate the integration of increasing amounts of VRES in Finland by
The Energy Authority governs the feed-in tariff scheme for renewable energy subsidies, arranges auctions for renewable energy subsidies and transport infrastructure projects, as well as
5 days ago· Organisation Finland has Released a tender for A Back -Up Power Machine Installed In A Container in Energy, Power and Electrical. The tender was released on Sep 03, 2025.
Aid can be granted to an electricity storage solution if at least 75% of its annual electricity absorption comes from a renewable energy production facility directly connected to it and the
The newly published Government Program, "A Strong and Committed Finland", sets a vision for Finland to become a key player in the hydrogen economy and an attractive location for
The decision to grant investment aid is made by Business Finland, after consulting the Ministry of Economic Affairs and Employment. A total of 400 million euros has been
power. However, while installation subsidies may promote the installation of SPI in ports, resulting in a reduction in ship emissions, utilization subsidies may attract more ship visits, which may
The aim of the subsidy scheme is to promote energy investment and energy infrastructure projects that are in line with the Sustainable Growth Programme for Finland and that reduce
On 16 December 2021, the Government issued a decree that will allow support to energy investments under Finland''s Recovery and Resilience Plan in 2022–2026.
Luo C., Zhou Y., Mu M., Zhang Q., Cao Z., Subsidy, tax or green awareness: Government policy selection for promoting initial shore power usage and sustaining long-run
This tax subsidy is part of Finland''s broader efforts toward a sustainable future and provides significant investment opportunities for companies in the country. The proposed tax subsidy is
Website of Business Finland: First application round for energy investment subsidies On 4 October 2022, the Ministry of Economic Affairs and Employment made the first energy investment aid decisions under Finland’s Recovery and Resilience Plan to promote clean energy solutions. Aid was granted to six projects totalling EUR 99.8 million.
The Ministry of Economic Affairs and Employment and Business Finland will announce the first call for applications in the next few days. The Sustainable Growth Programme has specified the following amounts of funding to energy investments: The funding will come from the EU Recovery and Resilience Facility (RRF).
Many of these topics have been further addressed in the proposal. As relevant background, approximately EUR 280 billion worth of green transition investment projects are currently underway in Finland according to the Data Dashboard maintained by the Confederation of Finnish Industries.
In this case, priority is given to well-prepared projects that can cost-effectively promote the goals of the energy subsidy program and that are not estimated to have significant harmful environmental effects.
Upon the adoption of the decree, calls for applications related to the energy system transformation and industrial energy solutions of the Sustainable Growth Programme can be opened. The amount of available funding will total about EUR 520 million.
