Act 1396/2010 on Production Subsidy for Electricity Produced from Renewable Energy Sources (1396/2010) and accompanying Decree 1397/2010
This Act aims at promotingthe production of electricity from renewable sources of energy, increasing the competitiveness of such sources of energy, diversifying electricity production and improving Finland's self-sufficiency in the production of electricity. The document contains provisions on production subsidy to be paid from State funds for electricity produced from wind power, biogas and wood-fuelled power. Production subsidy is paid as feed-in tariff. The Government Decree 1397/2010 defines the scope the feed-in tariff scheme for power plants.
On May 23rd, 2018, the Finnish Parliament revised the 2010 Act to make it technology neutral, modify the applicability of the feed-in tariff scheme, and lowering the amount of subsidised energy production from 2 TWh to 1.4 TWh.