Wind energy in Finland – Finnish Fortum, Metsahallitus to develop wind power in Lapland

The companies estimate that some 18 wind turbines of 2 MW – 3 MW each can be built in the Kuolavaara-Keulakkopaa area, located in the Kittila and Sodankyla municipalities. They will produce between 100 GWh and 120 GWh of electricity annually. The output should cover 40% of the total electricity consumption of the municipalities.

The project’s environmental impact assessment (EIA) is scheduled to start during this autumn. Wind measurements will be set in motion and technical pre-planning will continue. If the project proves to be feasible in further investigations and if the necessary permissions are granted, wind power production could start around 2013.

The Kuolavaara-Keulakkopaa area was marked as a wind power area in the draft regional land use plan of Mountain Lapland and in the regional land use plan of Northern Lapland.

Fortum ranked as the Nordic leader in climate change mitigation

In the report ‘Taking the Temperature’ published today by Ethix SRI Advisors and Insight Investment, Fortum was ranked with a score 80/100 as the clear leader in the Nordic region in climate change mitigation. The new report assesses how the 40 largest companies in Denmark, Finland, Norway and Sweden are responding to risks and opportunities presented by climate change. The average score of the Nordic companies was 37/100.

Fortum’s green house gas emissions are amongst the lowest of European power generators. In 2008, 92% of the electricity generated by Fortum in the EU was free of CO2 emissions. Fortum is the leading seller of eco-labelled electricity in the Nordic countries.

"We have put a lot of effort into sustainability in the recent years and are very proud of the external recognitions that show that we are moving in the right direction. As an energy company, climate change mitigation is essential for our continued success. Emission reductions in our own operations, energy efficiency and other sustainable energy solutions are key elements on this journey," says Carola Teir-Lehtinen, Corporate Vice President, Sustainability.

In the report "Taking the Temperature 2009 Nordic region" the 40 largest listed Nordic companies are evaluated on climate change governance frameworks, policies, risk assessment processes, green house gas inventories, historic emissions reduction performance and targets as well as implementation strategies, and contribution to wider climate change policy debates.

The Swedish newspaper, Dagens Industri, wrote today that investors find corporate sustainability reporting in general insufficient. The paper states that Finnish companies are ahead in the sustainability reporting, followed by Sweden.

Wind power in Finland

Wind power in Finland was 143 MW with 118 turbines in December 2008. Wind power is the most popular energy resource among Finnish public: 90 % of Finns would want further investments in wind energy in September 2007. In April 2005 the value was 88 %. In the Pori area of Finland 97 % of people supported wind power according to Suomen Hyötytuuli Oy in 2000.

Finland does not use Feed-in Tariffs, fixed premiums, Green Certificate systems or tendering procedures. From the European countries, Finland, Malta and Slovenia are the only ones (2006) that use only tax incentives to promote wind energy and other renewable electricity. In 2007 this includes only Finland and Malta.

Kimmo Tiilikainen (1966) (Centre Party) was the environmental minister of Finland during 1.10.2007-31.3.2008, while the permanent minister (Paula Lehtomäki, Centre Party) was on a leave. In his preliminary minister comments in September 2006 Kimmo Tiilikainen recommended Feed-in-Tariff for wind power within one year with the objective of 3000 MW wind power in 2020. This would be 3,3 % of electricity. Finland consumed 90 000 GWh of electricity in (2006). Germany is predicted to have 30 000 MW wind power in (2010).