30.03.2012

Increased state support for renewable energy in Finland

Biofuel demonstration plant receives EUR 110 million.

About EUR 100 million of the total is reserved for a traffic biofuel demonstration plant, according to the Ministry of Employment and the Economy. Smaller scale demonstration projects will receive support worth EUR 7 million, while EUR 15 million will go to improving energy efficiency, and EUR 20 million to demonstration projects for replacing coal.

 

Other projects designed to increase the use of renewable energy will receive EUR 15 million, and include solar energy systems, biogas for traffic, and forest chip production machinery and equipment.

 

Source: Talentum