# Finland Energy Profile — Complete Reference

**URL:** https://thecodex.expert/energy/countries/finland/
**Session:** 49 | **Date:** 2026-07-09

## Summary

Finland has no domestic fossil fuel production (imports all crude oil, gas, coal) but achieved ~95% fossil-free electricity (2024) and ~93-98% domestic self-sufficiency (2023-2025). Climate Change Act mandates carbon neutrality by 2035. Olkiluoto 3 reactor (construction started 2005, commercial ops April 2023 after 18-year delay) added 1,600 MW, lifted nuclear share from ~33% (2021) to ~37-42% (2023-2025). Second reactor Hanhikivi-1 (Rosatom-led) cancelled by Fennovoima May 2022 after Russia's Ukraine invasion. Onkalo near Olkiluoto is world's first permanent deep geological spent-fuel repository. Bioenergy: ~116 TWh used (2020), 93 TWh from wood, projected 139-144 TWh by 2035 (HIISI project); Alholmens Kraft (Pietarsaari) was world's largest biomass plant at 2001 commissioning. Wind capacity grew 2 GW (2020) to 8-9 GW (2024), ~25% of electricity, projected 30 TWh by 2035. Sources: IEA, Grokipedia, Finnish Ministry of Finance, Finnish Energy Low Carbon Roadmap 2023, Biofuels Bioproducts and Biorefining journal, POWER Magazine, Canada Trade Commissioner Service.
