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Regulatory informationOther clean energy supporting policies

RD&D Policies (Investment aid for renewable energy and new energy technologies)

Abbreviated form of legal source(s)

  • Decree 1098/2017
  • Decree 688/2001

Summary

The energy aid programme coordinated by the Ministry of Economic Affairs and Employment and its subsidiary Business Finland also counts as a RD&D policy. It aims at fostering and advancing new RES technologies in Finland by granting funding for medium-sized and large RES and energy efficiency projects in the country. Projects applying a novel technology with a scalability potential are prioritised in the decision-making but which is not specified further (Art 5 Decree 1098/2017).

Addressees

Aid recipients can be companies, municipalities and other entities, excluding housing companies, residential properties and farms (Art 7 Decree 1098/2017).

Competent authority

  • Ministry of Economic Affairs and Employment
  • Business Finland