Page 39 - European Energy Innovation magazine - spring 2023 edition
P. 39
Spring 2023 European Energy Innovation
FINNISH WIND POWER 39
lthough wind power constructed without Governmental farms that sell all the produced
construction in Finland subsidies. electricity into the Nord-Pool
started moderately slowly, electricity market.
AFinland is now one of Long term power purchases
the first European countries to agreements (PPA) have played an Record breaking year 2022 and
build onshore wind power without important role in the financing of the ambitious national targets
Governmental subsidies. The first merchant projects. Today growing Year 2022 was a record year in
fully merchant wind turbines came number of big electricity end-users Finland. Over 2,4 gigawatts (GW) of
on-line in 2019. Today over 55 % of are buying wind power with PPA new wind power capacity came on-
the cumulative capacity has been contracts but there are also wind line. This meant a 75 % increase in
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