25.6.2018

Act on the Promotion of Electricity from Renewable Sources Enters into Force

The Finnish Act on the Promotion of Electricity from Renewable Sources has entered into force today on 25 June 2018. The annual production of renewable electricity of 1.4 terawatt hours, which is subject to tendering, will be put out to tender as a single process. The implementation of the tender process is still subject to the authorisation to arrange a competitive tender process being approved in the supplementary budget of the State.

In accordance with the Energy Authority’s press release, the preliminary period for submitting tenders would be from 15 November to 31 December 2018. The Energy Authority will issue further information on the arrangement and schedules for the competitive tender process.

For further information, please contact: Miika Pinomaa