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Published on September 13th, 2012 | by Anneli Hidalgo


New funding to boost Finnish wind power

The Finnish government is now making efforts to speed up environmental assessments and planning regulations concerning wind power projects.

As part of the country’s budgetary review process, the government is boosting the development of wind power, according to the Minister for Economic Affairs Jyri Häkämies. EUR 600 000 is to be committed to new funding to the regional Centres for Economic Development, Transport and the Environment in order to speed up environmental impact assessments concerning wind power projects. Furthermore, the local municipalities in Finland are to be provided with an additional EUR 1 million for accelerating the preparation of town planning regulations that guide wind power construction.

Later this year, the Finnish government has plans to launch a clean energy program that includes among other projects the boosting of wind power. According to Invest in Finland, the program is intended to make the country a global pioneer in the field of clean energy by increasing the use of renewable energy and improving energy efficiency. Also, the program aspires to create new business opportunities aimed at export markets.

The Finnish government’s budget review has also allocated EUR 1.1 million from the production subsidy for renewable energy to a gasifier premium that is paid for wood chips in addition to a feed-in tariff.

“The objective is to reduce dependency on imported energy, to increase domestic production and to create export opportunities for domestic clean energy solutions,” said Jyri Häkämies earlier in a press release.

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