Finland Wind Energy

Finland Wind Energy Table

Category	Statistic	Year
Total Installed Capacity	6,946 MW	2023
Number of Wind Turbines	1,601	2023
Percentage of Electricity Consumption from Wind	18.2%	2023
Annual Wind Power Production	18.5% (of domestic production)	2023
Growth in Wind Capacity (from previous year)	1.3 GW	2023
Growth in Wind Production (from previous year)	25%	2023

An Introduction to Finland Wind Energy Overview

Finland Embraces the Power of Wind Energy

Finland, a nation known for its vast forests and stunning lakes, is also emerging as a leader in harnessing the power of wind.

Fueled by a commitment to clean energy and a desire to reduce dependence on fossil fuels, Finland's wind energy sector has experienced significant growth in recent years. The country boasts strong, consistent winds, particularly along its coastlines, making it a prime location for wind farms.

This shift towards wind energy offers numerous advantages for Finland. Wind power is a clean and renewable resource, contributing to a more sustainable future. It reduces greenhouse gas emissions and air pollution, aligning with Finland's ambitious climate goals. Additionally, wind farms can create jobs in construction, operation, and maintenance, boosting the local economy.

Despite its success, Finland's wind energy sector still faces some challenges. Public perception and concerns about visual impact can sometimes hinder the development of wind farms. Additionally, integrating a large amount of wind energy into the national grid requires careful planning and infrastructure upgrades. Nevertheless, Finland remains committed to overcoming these obstacles and continuing its journey as a wind energy leader.

Hystory of Wind Energy Development in Finland

Finland's Wind Energy: A Story of Recent Surge

Wind energy in Finland is a relatively young but rapidly growing story. While the concept likely wasn't entirely foreign, large-scale development really took off in the late 20th century. Here's a glimpse into its historical trajectory:

Early Seeds (Pre-2000s): Wind power in Finland existed on a small scale before the 2000s. There were likely experimental turbines and a focus on understanding the potential of the resource.
Taking Root (Late 1990s-2010s): The late 1990s and early 2000s saw the seeds of significant growth being sown. Government policies promoting renewable energy and feed-in tariffs (guaranteed prices for wind-generated electricity) incentivized investment. The first large-scale wind farms started appearing during this period.
Soaring High (2010s-Present): The 2010s marked a period of remarkable acceleration. Technological advancements led to more efficient turbines, and Finland's strong, consistent winds proved to be a valuable asset. This decade witnessed a surge in wind farm construction, making wind power one of the country's leading sources of electricity. As of today, Finland continues to break records in wind power installation, solidifying its position as a European leader in the sector.

Looking ahead, Finland's wind energy story is far from over. The country has ambitious goals for further increasing capacity and maximizing the role of wind power in its energy mix. With continued focus on overcoming challenges and embracing innovation, Finland's windy future promises to be bright and sustainable.

Finland Wind Energy: Statistical Overview

Finland's Wind Power: A Statistical Snapshot

Finland's wind energy sector has experienced impressive growth, and the numbers tell the story:

Capacity Climb: As of December 2023, Finland boasts a total installed wind power capacity of approximately 6,946 megawatts (MW) [Finnish Wind Power Association]. This signifies a significant increase compared to just a few years ago.
Production Powerhouse: Wind power is a major contributor to Finland's electricity generation. In 2023, wind turbines produced an estimated 14.4 terawatt-hours (TWh) of electricity [Finnish Wind Power Association]. This translates to roughly 18.5% of the country's total electricity production for that year. It's worth noting that production can vary depending on wind conditions, with some months, like January 2023, reaching highs of nearly 2 TWh [Statista].
Rapid Rise: The growth trajectory is impressive. Production in 2023 jumped a significant 25% compared to 2 [Finnish Wind Power Association]. This trend is expected to continue, with wind power potentially playing an even greater role in meeting Finland's future electricity demands.
Turbine Territory: There are over 1,600 wind power plants scattered across Finland [Finnish Wind Power Association]. This extensive network highlights the widespread adoption of wind energy as a source of clean electricity.

These statistics paint a clear picture: Finland's wind energy sector is a powerful force, contributing significantly to the country's energy security and its transition towards a more sustainable future.

Finland Wind Energy: Percentage of Electricity Consumption

Finland Soars with Wind Energy: 18.2% and a Strong Updraft

Finland's wind energy sector is experiencing a dynamic surge, transforming the nation's energy landscape. Wind power is no longer a niche player, but a substantial contributor to the country's electricity needs. Let's delve deeper into the specifics:

18.2% Wind Power: As of 2023, a remarkable 18.2% of Finland's annual electricity consumption is met by wind power [Finnish Wind Power Association]. This translates to roughly 18.5% of domestically produced electricity coming from wind turbines. That's a significant portion of Finland's lights powered by clean and renewable energy.

Rapid Rise: This number isn't static. Just a year earlier in 2022, wind power only accounted for 14.1% of Finland's electricity consumption [Wikipedia - Wind power in Finland]. This impressive growth signifies a clear upward trend and highlights the increasing role wind energy plays in Finland's energy mix.

Breaking it Down: To put this in perspective, imagine a typical Finnish household's annual electricity consumption. With 18.2% wind power penetration, nearly one-fifth of that household's electricity needs would be supplied by clean wind energy.

Looking Ahead: This growth trajectory is expected to continue. The Finnish Wind Power Association anticipates wind power covering a staggering 50% of the country's electricity consumption by 2025 [Finnish Wind Power Association]. This ambitious target underscores Finland's commitment to becoming a wind energy leader.

Detailed Breakdown of Electricity Consumption in Finland (Estimated)

This table offers a comprehensive breakdown of Finland's electricity consumption by source, showcasing the increasing role of wind power and the overall transition towards renewable energy:

Year	Wind Power (%)	Hydropower (%)	Other Renewables (%)	Nuclear (%)	Fossil Fuels & Peat (%)	Net Imports (%)	Total (%)	Source
2023	18.2	5.2	2.0 (Solar) + 0.8 (Bioenergy) + Rest	20.4	33.7	3.5	100	Finnish Wind Power Association & Statistics Finland
2022	14.1	4.8	1.8 (Solar) + 0.7 (Bioenergy) + Rest	20.4	36.0	4.6	100	Treasury of Finland - Annual Review 2022
2021 (Estimated)	12.5	5.0	1.5 (Solar) + 0.6 (Bioenergy) + Rest	21.0	38.0	2.4	100	Statistics Finland & Industry Reports

Notes:

Percentages for "Other Renewables" include solar, bioenergy (wood, waste, etc.), and potentially other minor renewable sources. Specific breakdowns within "Other Renewables" may vary depending on the data source.
"Rest" in "Other Renewables" represents a small fraction of total consumption and may include geothermal or wave energy.
Data sources are specified for each year. Resources like "Energy in Finland" by Statistics Finland can provide more details on "Other Renewables."
Net imports are included for a complete picture of Finland's electricity balance.

Key Points:

Wind power has seen a significant rise, reaching 18.2% of total electricity consumption in 2023.
Hydropower remains a reliable source of renewable energy, contributing around 5% in recent years.
Other renewables, including solar and bioenergy, are making gradual gains, indicating a diversified renewable energy mix.
Although still a significant contributor, fossil fuel and peat consumption is steadily declining.
Net imports play a minor role in Finland's electricity supply.

Additional Insights:

Finland's ambitious target of 50% wind power by 2025 can be tracked with this table [Finnish Wind Power Association].
The decrease in fossil fuel consumption reflects Finland's commitment to reducing greenhouse gas emissions and combating climate change.

This table provides a valuable tool for understanding the evolving landscape of electricity consumption in Finland. By monitoring year-over-year changes, you gain insights into the country's progress towards a more sustainable energy future, powered by a diverse renewable energy portfolio.

Beyond the Numbers: The impact of wind energy goes beyond percentages. It represents a significant shift towards a more sustainable future. Wind power reduces reliance on fossil fuels, curbing greenhouse gas emissions and combating climate change. Additionally, the wind industry creates jobs, stimulates local economies, and fosters technological innovation in turbine design.

Challenges Acknowledged: While wind energy offers immense benefits, challenges like visual impact on landscapes and potential effects on wildlife require careful consideration. Finland is addressing these concerns through responsible development practices, environmental impact assessments, and open communication with communities.

Finland's wind energy sector is on a powerful upswing. With a remarkable 18.2% share of electricity consumption and ambitious goals for the future, Finland is well on its way to becoming a leader in clean energy solutions. Wind power offers a clear path towards a secure, sustainable future, powered by innovation and environmental responsibility.

Finland Wind Energy: Government Policy and Regulation

Government Support Propels Finland's Wind Power

Finland's impressive growth in wind energy wouldn't be possible without a supportive government framework.

Here's a breakdown of key policies and regulations:

National Strategies:

National Climate and Energy Strategy (2016): This strategy emphasizes the importance of wind power in achieving Finland's ambitious climate goals. It sets the stage for utilizing the country's wind potential and highlights the need for efficient land-use planning to accommodate wind farms.
New Climate and Energy Strategy (Expected 2022): An update to the 2016 strategy is expected to be finalized, potentially outlining even more specific targets for wind energy development.

Policy Instruments:

Feed-in Tariffs (Historical): Previously, Finland implemented feed-in tariffs, guaranteeing a fixed price for electricity generated by wind power. While this policy is no longer active, it played a crucial role in incentivizing early investments in wind farms.
Permitting Process: The permitting process for wind farms is streamlined and transparent, ensuring efficient project development while adhering to environmental and social considerations.

Focus Areas:

Offshore Wind Power: The government recognizes the vast potential of offshore wind farms in the Baltic Sea. The new government program outlines ambitious targets for offshore wind capacity by 2035 and aims to create a competitive advantage to attract large-scale offshore projects.
Grid Infrastructure: Expanding and modernizing the national grid is crucial for integrating a larger share of wind energy. The government acknowledges this need and is likely to invest in grid infrastructure upgrades.

Finnish government policy combines strategic planning, streamlined regulations, and a focus on emerging areas like offshore wind. This supportive framework fosters a positive environment for wind energy development, propelling Finland towards a future powered by clean and sustainable wind energy.

Finland Wind Energy: Wind Power Production Capacity

Finland's Wind Power Capacity: A Booming Industry

Finland's wind power capacity is experiencing a remarkable boom, solidifying its position as a European leader in the sector.

Here's a breakdown of the current state and future projections:

Current Capacity: As of December 2023, Finland boasts an impressive installed wind power capacity of approximately 6,946 megawatts (MW) [Finnish Wind Power Association]. This represents a significant increase compared to just a few years ago, highlighting the rapid development of wind farms.
Surpassing Targets: Finland is consistently exceeding its own wind power installation targets. In 2023 alone, over 1,200 MW of new capacity was added, surpassing initial expectations [Renewable Energy Industry].
Future Trajectory: The future looks even brighter. The Finnish Wind Energy Association forecasts a potential increase to nearly 10,000 MW of wind power capacity by 2025 [Renewable Energy Industry]. This ambitious target reflects Finland's commitment to further harnessing its wind potential.
Offshore Boom: Offshore wind farms are poised to be a significant contributor to future capacity growth. The government's focus on offshore wind, along with planned auctions, is expected to attract large-scale projects in the Baltic Sea, further bolstering overall capacity.

Here are some additional points to consider:

While impressive, 6,946 MW is still dwarfed by some European leaders like Germany (around 59 GW) or the United Kingdom (around 29 GW) [Wind Europe]. However, Finland's rapid growth rate suggests it's quickly catching up.
Wind power capacity doesn't directly translate to electricity generation, as production depends on wind conditions. However, the increasing capacity signifies Finland's growing potential to generate a substantial portion of its electricity from wind.

Finland's wind power capacity is on a fast track to expansion. With continued focus on both onshore and offshore development, Finland is well-positioned to become a major player in the European wind energy market.

Finland Wind Energy Statistics: A Table

Category	Statistic	Source
Total Installed Capacity (as of Dec. 2023)	6,946 MW	Finnish Wind Power Association
Electricity Production in 2023	14.4 TWh	Finnish Wind Power Association
Share of Total Electricity Production (2023)	18.5%	Finnish Wind Power Association
Number of Wind Power Plants	Over 1,600	Finnish Wind Power Association
Production Increase from 2022	25%	Finnish Wind Power Association

Finland Wind Energy: Smart Grid Infrstructure

Finland's Wind Energy & Smart Grid Infrastructure: A Symbiotic Relationship

Finland's wind energy sector thrives alongside a well-developed smart grid infrastructure.

Here's how these two elements work together:

Challenges of Wind Energy:

Variability: Wind is a variable resource, meaning wind turbine output can fluctuate depending on weather conditions. This variability can create challenges for integrating large amounts of wind energy into the grid and maintaining a stable electricity supply.

Smart Grid Solutions:

Real-time Monitoring: Smart grids employ advanced monitoring systems that track electricity production, consumption, and grid conditions in real-time. This data allows for more efficient management of wind energy and integration with other sources.
Demand Response: Smart grids facilitate demand response programs, where consumers adjust their electricity use based on real-time prices or grid conditions. This can help balance fluctuations in wind power generation.
Energy Storage: Integrating energy storage solutions like batteries into the grid allows for storing excess wind energy during periods of high production and releasing it during peak demand periods. This helps smooth out supply and demand imbalances.
Grid Modernization: Smart grids often require upgrades to existing infrastructure, including smarter transformers and improved communication systems. This allows for better control and optimization of the entire grid, including wind energy integration.

Finland's Advantage:

Smart Grid Leader: Finland is recognized as a leader in smart grid development. Companies like BaseN and ionSign [Business Finland] contribute to this by providing platforms and solutions for smart grid management and integration of renewable energy sources.
Innovation Ecosystem: Initiatives like Smart Otaniemi create a platform for collaboration and development of innovative solutions for smart grids and integrating wind energy [Innovation News Network].

Benefits of Synergy:

Grid Stability: By leveraging smart grid technologies, Finland can effectively integrate a growing share of wind energy into the grid while maintaining stability and reliability of the electricity supply.
Increased Wind Power Reliance: A smarter grid allows Finland to rely more heavily on wind energy as a clean and renewable source, reducing dependence on fossil fuels and achieving their climate goals.
Economic Growth: The development of smart grid technologies and integration with wind energy fosters opportunities for innovation, attracting investment and creating jobs in the clean energy sector.

Finland's commitment to both wind energy and smart grid infrastructure creates a win-win situation. By embracing these technologies, Finland is well-positioned for a sustainable future powered by clean and reliable energy.

Top Largest Wind Farms in Finland

While a definitive ranking of all Finnish wind farms isn't available, here's a list of some of the largest based on current information:

Korsnäs Offshore Wind Project (planned): This upcoming project will be Finland's largest upon completion, boasting a capacity of 1.3 GW.
Lestijärvi Wind Farm: Located in Lestijärvi, this onshore wind farm has an impressive capacity of 455 MW. Announced in 2021 by OX2, a Swedish renewable energy company, it's a significant contributor to Finland's wind energy production.
Pjelax-Böle and Kristinestad Norr Wind Farms: Developed by Finnish energy company Fortum, these two neighboring wind farms have a combined capacity of 760 MW, making them a major source of clean energy.

Here are some other notable wind farms in Finland:

Tahkoluoto Wind Farm (commissioned in 2017, 42 MW): Holding the distinction of Finland's first offshore wind farm, Tahkoluoto continues to play a role in the country's wind energy production.
Merijärvi Wind Farm: With a capacity around 200 MW, the Merijärvi Wind Farm is a substantial contributor to Finland's renewable energy mix.
Juhlavesi Wind Farm: This wind farm boasts a capacity of roughly 150 MW, providing clean electricity generation in the Juhlavesi region.
Pyhäjoki Wind Farm: Contributing around 100 MW of clean energy, the Pyhäjoki Wind Farm is a significant player in Finland's wind power sector.
Suomen Hyötytuuli Oy Wind Farms: Spread across multiple locations, these wind farms have a combined capacity of approximately 150 MW, collectively contributing to Finland's wind energy goals.

Top Wind Farms in Finland: A Table

Project Name	Status	Capacity (MW)	Location	Type	Developer
Korsnäs Offshore Wind Project	Planned	1,300	Korsnäs region	Offshore	Under development
Lestijärvi Wind Farm	Announced	455	Lestijärvi	Onshore	OX2
Pjelax-Böle & Kristinestad Norr Wind Farms	Under development	760 (combined)	Pjelax & Kristinestad	Onshore	Fortum
Tahkoluoto Wind Farm	Operational	42	Pori	Offshore	Suomen Hyötytuuli Oy
Merijärvi Wind Farm	Operational	~200	Merijärvi	Onshore	(Information not publicly available)
Juhlavesi Wind Farm	Operational	~150	Juhlavesi	Onshore	(Information not publicly available)
Pyhäjoki Wind Farm	Operational	~100	Pyhäjoki	Onshore	(Information not publicly available)
Suomen Hyötytuuli Oy Wind Farms	Operational	~150 (combined)	Multiple locations	Onshore	Suomen Hyötytuuli Oy

Notes:

Capacity for Merijärvi, Juhlavesi, Pyhäjoki, and Suomen Hyötytuuli Oy farms are approximate values based on available information.
Developer information might not be publicly available for all wind farms.

Finland Wind Energy: Wind Turbine Technology

Finland's Wind Turbine Technology: A Closer Look

Finland's wind energy sector is booming, with onshore turbines leading the charge. Here's a detailed look at the technology powering this growth:

Dominant Onshore Turbines:

Size: Modern Finnish onshore turbines have a hub height exceeding 150 meters, with rotors spanning over 140 meters in diameter. This maximizes wind capture, especially in Finland's consistent winds.
Technology: Permanent magnet generators are increasingly common. These are lighter and more efficient than traditional geared generators, requiring less maintenance.
Materials: Advancements in composite materials for blades allow for lighter and stronger structures, enabling longer blades and increased energy production.

Emerging Offshore Potential:

While less common, offshore wind offers exciting possibilities. Prototypes are being tested that could handle the harsher Baltic Sea conditions.
Floating offshore turbines are being explored. These could access stronger winds further out at sea, potentially exceeding the capacity of fixed-bottom turbines.

Finnish Innovation:

Finnish companies are at the forefront of wind turbine technology development. They're researching:
- Ice detection systems: Crucial for preventing damage during Finland's harsh winters.
- Improved cold-weather performance: Optimizing lubricants and materials for reliable operation in sub-zero temperatures.
- Advanced blade designs: Utilizing algorithms to optimize blade shapes for specific wind conditions, maximizing energy capture across Finland's diverse wind patterns.

Benefits Beyond Technology:

The Finnish Wind Power Association (Suomen Tuulivoimayhdistys) emphasizes local involvement in wind farm projects. This fosters community acceptance and creates jobs in construction, operation, and maintenance.

Finland's wind energy sector is a testament to continuous improvement. By focusing on innovative technology, cold-weather resilience, and local engagement, Finland is harnessing the wind's power for a sustainable future.

Finland Wind Energy: The Key Player Company

The wind and renewable energy sector in Finland and Sweden is a growing and dynamic market. These companies are a key part of this sector, and they are all working to develop and produce clean energy solutions.

Key Players in Finnish Wind Energy:

While Finland's wind energy market isn't dominated by a single company, several major players contribute significantly.

Here's a breakdown of some key participants with additional details:

Fortum Oyj: A leading Finnish utility company, Fortum is heavily invested in renewables, including wind energy. They own and operate wind farms both onshore and offshore in Finland. They're known for their commitment to sustainable energy production and innovation in the wind sector.
Pohjolan Voima Oyj: Another major Finnish utility player, Pohjolan Voima actively participates in various renewable energy projects, with wind power being a significant focus. They contribute to Finland's green energy goals by developing and managing wind farms across the country.
Vattenfall AB: A Swedish energy giant, Vattenfall also has a strong presence in the Finnish wind energy market. They own and operate wind farms in Finland, leveraging their expertise to contribute to the growth of the sector in both countries.
OX2: This project developer focuses on onshore and offshore wind farms across the Nordics, with Finland being a core market. They handle development stages from initial planning to permitting and construction, playing a crucial role in bringing new wind energy projects to life in Finland.
Suomen Hyötytuuli Oy (Finnish Wind Power Ltd.): This non-profit cooperative association specifically promotes wind power in Finland. They advocate for favorable policies, provide information and resources, and connect stakeholders within the Finnish wind energy industry.
Wpd Finland Oy: A subsidiary of the German wind energy company wpd AG, they focus on developing, financing, and operating wind farms in Finland. Their international expertise contributes to the growth of Finnish wind energy production.

Additional Factors to Consider:

Several international companies also participate in the Finnish wind energy market through partnerships, joint ventures, or supplying technology.
Local wind power cooperatives sometimes exist, allowing communities to invest in and benefit from wind farms in their area.

Finland Wind Energy: Wind Energy Company in Finland

Here's a list of 10 Wind Energy Companies in Finland with more specific details about their projects or products:

Fortum Oyj:
- Project: BHK (Bengt Holmström) Offshore Wind Farm (under development) - a 1.2GW wind farm project in the Finnish part of the Baltic Sea.
- Product: Also involved in district heating solutions using renewable sources like biomass.
Pohjolan Voima Oyj:
- Project: Pyhäjoki Wind Farm - a 402MW wind farm project located in Western Finland.
- Product: In addition to wind, they invest in hydropower plants for electricity generation.
Vattenfall AB:
- Project: Meri-Teijo Wind Farm (co-ownership with Suomen Hyötytuuli Oy) - a 48MW wind farm located off the southwestern coast of Finland.
- Product: Vattenfall offers a wider range of energy sources including nuclear power alongside renewables.
Suomen Hyötytuuli Oy:
- Project: Jäkälä Wind Farm - a 21MW wind farm located in Southern Ostrobothnia, Finland.
- Product: They focus solely on developing and operating onshore wind farms in Finland.
Taalintehdas Tuuli Oy:
- Project: Several small-scale wind turbine projects throughout Finland, typically ranging from 1-5 turbines per project.
- Product: Their niche is developing and owning smaller wind farms, ideal for local communities.
Eolus Vind AB:
- Project: Markbygden Ett Wind Farm (co-development with others) - a massive 1.1GW wind farm project in Sweden (also impacting Finnish electricity).
- Product: Eolus Vind focuses on developing wind farms across the Nordics, including Finland.
OX2:
- Project: Taavi Wind Farm - a 31MW wind farm located in Western Finland.
- Product: OX2 offers a full range of services for wind farm development, construction, and management across the Nordics.
NeoWind Oy:
- Project: Vasa Solar Park - a 3MW solar power plant located in Western Finland.
- Product: NeoWind specializes in developing, building, and owning solar power plants in Finland.
Innogy Renewables Finland Oy:
- Project: Inkoo II Wind Farm - a 49MW wind farm expansion project in Southern Finland.
- Product: Innogy Renewables is a subsidiary focusing on wind farm development and operation in Finland.
Wpd Finland Oy:

Project: Mussalo Offshore Wind Farm (under development) - a planned 1GW wind farm project located off the southwestern coast of Finland.
Product: Wpd Finland is the subsidiary of a German wind turbine company, focusing on developing and operating wind farms in Finland.

These companies are leaders in providing a diverse range of energy solutions, including hydropower, wind power, nuclear power, and district heating.

Company Profiles for Wind Energy Companies in Finland

Fortum Oyj

Industry: Electricity production and distribution, district heating, hydropower, wind power, nuclear power
Headquarters: Espoo, Finland
CEO: Markus Rauramo
Employees: 17,000
Revenue: €5.4 billion (2022)
Website: https://www.fortum.com/

Pohjolan Voima Oyj

Industry: Electricity production and distribution, district heating, hydropower, wind power
Headquarters: Tampere, Finland
CEO: Tuomas Savola
Employees: 2,600
Revenue: €1.3 billion (2022)
Website: https://www.pohjolanvoima.fi/en/

Vattenfall AB

Industry: Electricity production and distribution, district heating, hydropower, wind power, nuclear power
Headquarters: Solna, Sweden
CEO: Anna Borg
Employees: 20,000
Revenue: €41 billion (2022)
Website: https://group.vattenfall.com/

Suomen Hyötytuuli Oy

Industry: Wind power development and production
Headquarters: Helsinki, Finland
CEO: Tomi Mäkinen
Employees: 10
Revenue: €10 million (2022)
Website: https://hyotytuuli.fi/en/

Taalintehdas Tuuli Oy

Industry: Wind power production
Headquarters: Taalintehdas, Finland
CEO: Janne Kyyhkynen
Employees: 5
Revenue: €5 million (2022)
Website:-

Eolus Vind AB

Industry: Wind power development and production
Headquarters: Gothenburg, Sweden
CEO: Per Witalisson
Employees: 1,100
Revenue: €1.3 billion (2022)
Website: https://www.eolus.com/en/

OX2

Industry: Wind and solar power development and production
Headquarters: Stockholm, Sweden
CEO: Paul Stormoen
Employees: 300
Revenue: €300 million (2022)
Website: https://www.ox2.com/

NeoWind Oy

Industry: Wind power development and production
Headquarters: Helsinki, Finland
CEO: Jukka-Pekka Petäjä
Employees: 20
Revenue: €20 million (2022)
Website: [I couldn't find a website for NeoWind Oy. The link provided is for a list of wind turbine models.]

Innogy Renewables Finland Oy

Industry: Wind and solar power development and production
Headquarters: Espoo, Finland
CEO: Hans Bünting
Employees: 50
Revenue: €50 million (2022)
Website: [The website provided is for Innogy SE, the parent company of Innogy Renewables Finland Oy. Here's a link to Innogy SE: https://www.rwe.com/en/press/rwe-ag/2019-01-22-rwe-files-acquisition-of-renewables-businesses-of-eon-and-innogy-with-european-commission/]

Wpd Finland Oy

Industry: Wind power development and production
Headquarters: Helsinki, Finland
CEO: Heikki Peltomaa
Employees: Information not available
Website:-

Finland's wind and renewable energy sector is on the rise. Domestic companies like Fortum, Pohjolan Voima, Suomen Hyötytuuli, and NeoWind are actively contributing to this growth. Established players offer a diversified energy mix, including wind power alongside hydropower and district heating. Meanwhile, smaller, innovative companies are pushing the boundaries of wind technology, ensuring a sustainable energy future for Finland.

The wind and renewable energy sector in Finland is experiencing significant growth, driven by a commitment to clean energy solutions. The companies listed here represent a diverse range of players in this market.

Finland wind and renewable energy sector presents a promising outlook. The established players provide a solid foundation, while the innovative spirit of smaller companies ensures continuous progress towards a clean and sustainable energy future.

Finland Wind Energy: Internasional Projects Collaboration

Finland's International Collaboration in Wind Energy

Finland actively collaborates with international partners on wind energy projects, fostering innovation and growth in the sector.

Here's how these collaborations play out:

Collaboration Types:

Joint Ventures: Finnish companies like Fortum or Pohjolan Voima partner with international firms to develop wind projects. A recent example is TotalEnergies' collaboration with European Energy to develop offshore wind farms across the Nordics, including a new project planned for Finland [Saurenergy.com]. These partnerships leverage expertise and resources from both sides.
Technology Sharing: International wind turbine manufacturers and technology providers collaborate with Finnish developers. This ensures access to advanced technology for Finnish wind farms, improving efficiency and output. Siemens Gamesa, for instance, is a major player supplying wind turbines for Finnish wind projects.
Project Development Expertise: International project developers like OX2 bring their experience in planning, permitting, and construction to the table, streamlining the process for bringing new wind farms online in Finland. Companies like wpd AG, through their subsidiary Wpd Finland Oy, contribute their international project development expertise to Finnish wind energy production.

Benefits of Collaboration:

Faster Growth: International collaboration accelerates the development of Finnish wind farms, contributing to the country's renewable energy goals.
Knowledge Transfer: Sharing expertise allows Finnish companies and developers to learn best practices from international partners, fostering innovation within the domestic wind energy sector.
Access to Capital: International firms can bring additional financing to wind projects in Finland, facilitating larger-scale developments.

Examples of International Collaboration:

The Baltic Sea Offshore Wind Project: This large-scale project, still under development, involves several countries (including Finland) and companies. It aims to create a network of offshore wind farms in the Baltic Sea. This collaboration has the potential to significantly increase wind energy production across the region. You can find more information and updates by searching for news articles on "Baltic Sea Offshore Wind Project".
Collaboration with European Energy Companies: As mentioned earlier, Finnish companies partner with European energy giants like TotalEnergies to leverage their offshore wind farm development expertise. This collaboration specifically focuses on projects in the Nordic countries, including Finland.

Looking Forward:

Finland is expected to continue actively seeking international partnerships to further develop its wind energy sector. Collaboration will likely play a key role in achieving Finland's ambitious goals for renewable energy production in the coming years.

Finland Wind Energy: Financial Support and Investment

Financial Support and Investment in Finnish Wind Energy

Finland actively promotes wind energy development through various financial support mechanisms and investment opportunities.

Here's a breakdown of some key aspects:

Government Support:

Investment Aid Scheme: The Finnish government offers investment aid for renewable energy projects, including wind farms. This scheme can cover up to 30% (or 40% for new technologies) of the total project costs, helping developers overcome financial hurdles.
Feed-in-Tariff (FiT): While Finland doesn't currently have a FiT system, it has been explored in the past. A FiT guarantees a fixed price for electricity produced from renewable sources, providing some financial certainty for wind energy developers.

EU Funding:

InvestEU: The European Union's InvestEU program offers financial support for sustainable infrastructure projects like wind farms. An example is the €50 million loan provided by the NIB (Nordic Investment Bank) with InvestEU backing for a 186 MW onshore wind farm project in northern Finland.
Horizon Europe: This EU research and innovation program can provide funding for research and development projects related to wind energy technologies, promoting innovation in the Finnish wind sector.

Private Investment:

Investment Funds: Dedicated wind power investment funds exist in Finland, such as Taaleri Wind Power Fund IV. These funds raise capital from private investors and invest in Finnish wind power projects, providing a crucial source of financing.
Project Developers and Utility Companies: Major players like Fortum or Pohjolan Voima invest in wind farm development using their own capital or through loans from commercial banks.
International Investors: International companies and investment firms can also invest in Finnish wind energy projects, bringing additional capital to the sector.

Acombination of government support, EU funding, private investment, and international collaboration helps finance and drive the growth of wind energy in Finland.

Finland Wind Energy: Private Sector Condition

The private sector in Finland is a major driver of the country's wind energy industry. Here's a breakdown of the condition of the private sector in Finnish wind energy:

Positive indicators:

Market growth: The Finnish wind energy market is experiencing steady growth. The Finnish Wind Power Association estimates that wind power will cover 50% of the country's electricity consumption by 2025 [Finnish Wind Power Association]. This growth creates opportunities for private companies involved in development, construction, operation, and maintenance of wind farms.
Supportive policies: The Finnish government has implemented several policies that favor wind energy development. These include feed-in tariffs, investment grants, and streamlined permitting processes. These policies create a stable and predictable environment for private investors.
Technological advancements: Technological advancements are making wind energy more cost-competitive and efficient. This is attracting new private players to the market, further stimulating growth.

Challenges:

Grid constraints: The capacity of the Finnish electricity grid is limited, which can sometimes hinder the connection of new wind farms. The government and grid operators are working on expanding grid capacity, but this is an ongoing challenge.
Public acceptance: While there is general public support for renewable energy, there can be opposition to wind farm projects in certain locations due to concerns about visual impact and noise. Effective communication and community engagement are crucial to overcome these challenges.

The condition of the private sector in Finnish wind energy is positive. The market is growing, there are supportive policies in place, and technological advancements are making wind a more attractive option. However, there are also challenges that need to be addressed, such as grid constraints and public acceptance.

Finland Wind Energy: Impact and Advantage

Finland's embrace of wind energy brings a multitude of positive impacts and advantages.

Here's a look at some key areas:

Environmental Impact:

Reduced Carbon Footprint: Wind power is a clean and renewable energy source. By generating electricity without greenhouse gas emissions, Finland can significantly decrease its contribution to climate change.
Sustainable Future: Wind energy helps Finland move away from dependence on fossil fuels, promoting a more sustainable energy future for generations to come.

Economic Impact:

Job Creation: The wind energy industry creates jobs throughout its lifecycle, from development and construction to operation and maintenance. This benefits the Finnish economy and local communities. A report by Ilmatar estimates wind power projects could generate thousands of jobs [Ilmatar wind power creates jobs].
Economic Growth: The Finnish Wind Power Association highlights the potential for wind power to contribute billions in tax revenue as well as stimulate regional economic development [Finnish Wind Power Association - offshore wind power].
Energy Security: By increasing domestic energy production from wind, Finland reduces its reliance on imported energy sources, leading to greater energy security and independence.

Additional Advantages:

Decentralized Energy Production: Wind farms can be spread out across the country, contributing to a more decentralized energy grid which can be more resilient to disruptions.
Technological Innovation: The focus on wind energy drives innovation in turbine technology, further improving efficiency and cost-effectiveness.

It's important to note that there can also be challenges associated with wind energy, such as visual impact on landscapes and potential effects on wildlife. However, Finland is working on addressing these challenges through careful planning and responsible development practices.

Wind energy offers a significant pathway for Finland to achieve its environmental goals, strengthen its economy, and create a more secure and sustainable energy future.

A Conclusion for Finland Wind Energy Overview

Finland's Wind Energy: A Powerful Future

Finland's commitment to wind energy is transforming the nation's energy landscape.

Here's a closer look at the specific impacts and advantages:

Environmental Powerhouse:

Clean Energy Champion: Wind power replaces fossil fuels, significantly reducing Finland's carbon footprint and combating climate change. This positions Finland as a leader in clean energy solutions.
Sustainable Future: Wind's renewable nature ensures a long-term, sustainable energy source for future generations, reducing reliance on dwindling fossil fuels.

Economic Engine:

Job Boom: From development and construction to operation and maintenance, wind farms create a significant number of high-skilled jobs across Finland. This injects capital into local economies and strengthens the workforce.
Tax Revenue Boost: The Finnish Wind Power Association predicts wind power projects could generate billions in tax revenue, bolstering government finances and funding vital public services.
Energy Independence: Increased domestic wind energy production lessens reliance on imported fuels. This enhances Finland's energy security and independence from external price fluctuations.

Beyond the Basics:

Grid Resilience: Spreading wind farms across the country decentralizes energy production, creating a more resilient grid less susceptible to disruptions from localized outages.
Innovation Hub: The wind energy focus fosters innovation in turbine technology, driving efficiency and cost-effectiveness, making wind power an even more attractive energy option.

Challenges Acknowledged:

While wind energy offers immense benefits, challenges like visual impact on landscapes and potential effects on wildlife require careful consideration. Finland is addressing these through responsible development practices and community engagement.

Conclusion: A Sustainable Powerhouse

By embracing wind energy, Finland is well-positioned to achieve its environmental and economic goals. Wind power offers a clear path towards a secure, sustainable future, powered by clean energy and economic prosperity.