Finland’s target is to be climate neutral in 2035. In 2024, already 95 % of Finland’s electricity production was clean, meaning that it came from renewables and nuclear power. Last year, nuclear power covered almost 40 % of Finland’s electricity production. Versatile energy mix is Finland’s strength in decarbonization and energy security.
However, Finland will need vast amount of additional clean electricity to decarbonize industrial, transport and heating sectors. Finnish companies are also interested in using nuclear energy for heat production in district heating systems.
Therefore, a technology-neutral approach, including all net-zero energy generation sources should be promoted in the EU climate and energy policy and regulation, financial instruments and state aid rules.
Finland is also the first country in the world where the challenge of spent nuclear fuel disposal has been solved. Final repository, Onkalo, is due to be completed during 2020s, after which final disposal can begin. Spent fuel will be disposed of in the bedrock at a depth of approximately 430 metres and isolated from the organic environment by multiple safety solutions called release barriers.
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electricity production climate policy
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