INTIEAFinland · National Energy and Climate Strategy of Finland for 2030PolicyIn force

National Energy and Climate Strategy of Finland for 2030

The National Energy and Climate Strategy outlines the actions that will enable Finland to attain the targets specified in the Government Programme and adopted in the EU for 2030, and to systematically set the course for achieving an 80% - 95% reduction in greenhouse gas…

Last changed 7 years ago.

Extracted view for reading · Original for compliance evidence

Lifecycle

  1. Effective
  2. Last change

Country / jurisdiction: Finland · Year: 2016 · Status: In force · Level: National · Type: Voluntary

The National Energy and Climate Strategy outlines the actions that will enable Finland to attain the targets specified in the Government Programme and adopted in the EU for 2030, and to systematically set the course for achieving an 80% - 95% reduction in greenhouse gas emissions by 2050.

With minor exceptions, Finland will phase out the use of coal for energy. The share of transport biofuels will be increased to 30%, and an obligation to blend light fuel oil used in machinery and heating with 10% of bioliquids will be introduced. The minimum aim is to have 250,000 electric and 50,000 gas-powered vehicles on the roads. The electricity market will be developed at the regional and the European level. The flexibility of electricity demand and supply and, in general, system-level energy efficiency will be improved.

Technology neutral tendering processes will be organised in 2018 - 2020, on the basis of which aid will be granted to cost-effective new electricity production from renewable energy.

The share of renewable energy in the end consumption will increase to approx. 50% and the self-sufficiency in energy to 55%. The share of renewable energy use in transport will clearly exceed the Government Programme target.

The domestic use of imported oil will be halved as planned. The greatest non-ETS sector reductions in emissions will be achieved in the transport sector, and this will be the foundation of the medium term climate policy plan of 2017.

Official source: http://urn.fi/URN:ISBN:978-952-327-199-9

Source

https://www.iea.org/policies/6367

Canonical document at the regulator. Always cite this URL — not the Vantage detail page — in compliance evidence.

Related in International

INTEnergy Newsoilprice:oilprice-article-45339NewsIn force

Egypt’s LNG Comeback Is Set to Start in Cyprus

Egypt’s gas sector is running short of domestic gas just as Cyprus prepares to become a producer. The recently approved Cronos project offshore Cyprus (expected to deliver up to 2.8 million tonnes per year of LNG from 2028) offers a three-way bargain. Cyprus gains an export route it cannot economically build alone; Egypt secures feedstock for infrastructure increasingly constrained by falling domestic production, and Europe gains another non-Russian source. The logic is compelling, but technical, commercial and geopolitical risks could still…

21 hours ago
INTEnergy Newsoilprice:oilprice-article-45338NewsIn force

East Africa’s Oil Rivalry Spurs Multi-Billion-Dollar Projects Across The Region

Last month, we reported that Nigerian billionaire and Africa’s richest man, Aliko Dangote, has agreed to build a $17 billion (Ksh2.2 trillion), 700,000-barrel-per-day refinery on Kenya’s Lamu Island that would process crude not only for Kenya but also its neighbors such as Uganda, Rwanda, Burundi, South Sudan and the DRC. The giant refinery--Africa’s second largest refinery behind only Nigeria’s Dangote refinery--would easily exceed East Africa’s current refined fuel demand of roughly 450,000 bpd, leaving room to supply…

22 hours ago
INTEnergy Newsoilprice:oilprice-article-45337NewsIn force

DoE Begins Tests for Fracked Geothermal

The Trump administration is no friend of wind and solar. Axed subsidies and project suspensions have been the attitude towards those alternative forms of energy. Geothermal, however, is something else. The current Department of Energy is very much for it. In fact, it is so much for it that it funded an experiment that would show whether fracking technology could be used to generate geothermal anywhere in the world. Geothermal energy is, simply put, heat. It is heat that is generated from the decay of radioactive elements in the planet’s mantle.…

23 hours ago
INTEnergy Newsoilprice:oilprice-article-45336NewsIn force

Europe Heads Into Winter With Gas Storage at a Two-Decade Low

Europe is heading for the winter with one of the lowest levels of gas in storage in the past two decades as the war in the Middle East crippled LNG supply from Qatar, sent gas and LNG prices in Europe and Asia skyrocketing, and intensified competition for the shrunk pool of readily available global LNG cargoes. A perfect storm of elevated demand for filling depleted storage and electricity during the summer heatwaves, and slashed global LNG supply with Qatar’s cargoes trapped behind the Strait of Hormuz have pushed European benchmark prices…

1 day ago
INTEnergy Newsrigzone:https://www.rigzone.com/news/wire/oil_rises_as_iran_deal_hopes_fade-27-aug-2026-184478-article/?rss=trueNewsIn force

Oil Rises as Iran Deal Hopes Fade

Oil rose as doubts grew over a broader US-Iran agreement.

1 day ago