Finland

National Energy and Climate Strategy for 2030

Executive
Strategy
Mitigation Framework
Passed in 2016
The National Energy and Climate Strategy lays out concrete actions and objectives on how Finland is to achieve the energy and climate objective consistent with 2050 carbon neutrality target. It notably updates previous goals on renewable energy: 1) the share of renewable energy into final energy demand should rise to over 50 % in the 2020s while the use of oil products will be halved, 2) investment subsidies will be mainly targeted on commercialisation of new technologies, expanding biofuels in transport and promote the use of agricultural, societal and industrial waste and side streams in transport, heat and electricity generation, and 3) promote the generation and use of biogas.
 
 Other decisions include 1) focusing greenhouse gases emissions reductions from transportation on road transport, 2) phase out coal in the energy mix by 2030, 3) fortifying the growth and carbon binding capacity of forests to prevent the decline of the carbon sink capacity. Feed-in-tariffs will be "discontinued" for wind power to increase stability by seeking new projects being developed on market terms, allow for long-term competitiveness of the Finnish economy and reduce the burden on the State's budget. In that purpose, technology-neutral competitive tendering will be pursued over the period 2018-2020. Cost-effective measures will be augmented by € 160 to 240 million in 2018-2020 and by € 900-930 million over the period 2021 to 2030. Energy taxation will also foster the use of forest chips and other wood by-products for combined heat and power generation and biofuels.

Documents
  • 16% non-ETS emissions cut by 2020 compared with a 1990 baseline
    Economy-wide | Base year target | Target year: 2020 | Base year: 1990
  • 39% emissions reduction by 2030 compared with a 2016 baseline
    Economy-wide | Base year target | Target year: 2030 | Base year: 2016
  • 80-95% cut in GHG emissions by 2050 compared with a 1990 baseline
    Economy-wide | Base year target | Target year: 2050 | Base year: 1990
  • 27% energy efficiency improvement by 2030 against a 2016 baseline
    Energy | Base year target | Target year: 2030 | Base year: 2016
  • 38% renewable energy in final consumption by 2020
    Energy | Base year target | Target year: 2020 | Base year: 2020
  • Over 50% renewable energy of end consumption by 2030 against a 2018 baseline
    Energy | Base year target | Target year: 2030 | Base year: 2018
  • Phasing out coal in energy production by 2030 against a 2018 baseline
    Energy | Base year target | Target year: 2030 | Base year: 2018
  • 40% renewable fuels in transport mix (23.5% of fuel energy content) by 2030
    Transportation | Base year target | Target year: 2030 | Base year: 2018
from the Grantham Research Institute
from the Grantham Research Institute
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