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  • Article

    Administrative Court Ruling: The Profit Tax Act Targeting Electricity Companies Is In Conflict With EU Law

    Castrén & Snellman represented Fortum Power and Heat Oy in a precedent-setting case on the relationship between EU law and national tax legislation.
    FinlandTax
    Castrén & Snellman
    Castrén & Snellman
  • Article

    Solar And Wind Power Projects Affected By Amendments To The Act On Expropriation Permits

    Parliament has passed amendments to the so-called Act on Expropriation Permits (768/2004). The amendments, which enter into force in the beginning of February 2024...
    FinlandEnergy and Natural Resources
    Castrén & Snellman
Castrén & Snellman
  • Article

    Permitting Hydrogen Projects In A Changing Operating Environment: Storage And Transport Of Hydrogen

    Green hydrogen is planned to replace fossil fuels, particularly in industries that are difficult to electrify. In Finland, hydrogen projects of approximately EUR 13.3 billion are being planned.
    FinlandEnergy and Natural Resources
    Castrén & Snellman
    Castrén & Snellman
  • Article

    Investor Protection Under The Energy Charter Treaty – Pressure To Adapt To A New Environment

    The Energy Charter Treaty (ECT) is a multilateral agreement between states that applies to cross-border investments in the energy sector.
    FinlandEnergy and Natural Resources
    Castrén & Snellman
    Castrén & Snellman
  • Article

    Offshore Wind In The Finnish Exclusive Economic Zone – New Government Decree To Establish A Framework For The Competitive Tendering Process

    On 23 June 2025, the Finnish Ministry of Economic Affairs and Employment issued a draft Government Decree on Offshore Wind Power in the Exclusive Economic Zone ("EEZ") ("Decree") for public consultation.
    FinlandEnergy and Natural Resources
    Hannes Snellman
    Hannes Snellman
  • Article

    Capital Gains Tax On Real Estate, Interest Deduction Limitations And Support For Household Electricity Bills – A Lot Going On In Taxation

    On 17 November 2022 the Ministry of Finance published government proposal HE 279/2022, which proposes that the Income Tax Act be amended so that income...
    FinlandTax
    Castrén & Snellman
    Castrén & Snellman
  • Article

    The Energy System Of The Future Must Be Low-carbon And Self-sufficient – Legislators Are Interested In New Nuclear Energy Technology

    The European energy market fell into a crisis after Russia attacked Ukraine. In Finland and the other European countries, the discussion on climate and energy policy soon started to focus...
    European UnionEnergy and Natural Resources
    Castrén & Snellman
    Castrén & Snellman
  • Article

    2024: Doing Business In Finland

    Foreign investors view Finland's technological prowess, skilled workforce, stable business climate, and commitment to sustainability as the primary drivers for investing in Finland
    FinlandGovernment, Public Sector
    World Law Group
    World Law Group
  • Article

    EU's New State Aid Framework Enables Support For Clean Industry

    The European Commission adopted a Clean Industrial Deal State Aid Framework (CISAF) on 25 June 2025 to support implementation of the goals set out in the Clean Industrial Deal (see our Legal Alert on the Deal).
    FinlandEnergy and Natural Resources
    Borenius
    Borenius
  • Article

    Electricity Market Act: Proposed Priority Procedure To Significantly Change New Electricity Network Connections In Situations Of Scarce Capacity

    Finland's Ministry of Economic Affairs and Employment is preparing urgent amendments to the Electricity Market Act that would fundamentally reshape how network operators allocate scarce grid capacity. The proposed priority system would rank connection requests into four distinct groups, with electricity storage facilities receiving the lowest priority while small consumption sites and critical infrastructure secure top placement.
    FinlandEnergy and Natural Resources
    Castrén & Snellman
    Castrén & Snellman
  • Article

    C&S Future Lens: Being Open To Innovations Makes Finland A Leader In New Forms Of Energy

    The green transition is making unparalleled strides in the Nordics. Market-based development and being open to new innovations have made Finland one of the leading countries in the energy transition.
    European UnionEnergy and Natural Resources
    Castrén & Snellman
    Castrén & Snellman
  • Article

    New Siting Permit For Clean Energy Transition Projects Proposed For Inclusion In The Building Act

    The new Building Act will enter into force on 1 January 2025 and replace the provisions concerning construction in the Land Use and Building Act currently in force.
    FinlandReal Estate and Construction
    Castrén & Snellman
    Castrén & Snellman
  • Article

    Reform Of Finland’s Land Use Legislation – Key Takeaways For Project Developers

    Finland's land use planning system is undergoing a major overhaul with the proposed Land Use Act, introducing significant changes to regional plan authority, planning processes, and renewable energy project requirements. The reform aims to streamline administrative procedures while imposing new distance requirements for wind turbines and planning obligations for solar power plants that will fundamentally reshape how developers approach renewable energy projects.
    FinlandEnvironment
    Castrén & Snellman
    Castrén & Snellman
  • Article

    Key Amendments To The Finnish Electricity Market Act

    Hallitus antoi torstaina 8.5.2025 hallituksen esityksen useista muutoksista sähkömarkkinalakiin, joilla pyritään turvaamaan sähkötuotannon ja kasvavan kulutuksen kuormien integroiminen kantaverkkoon ja suurjännitteiseen jakeluverkkoon sujuvasti ja kustannustehokkaasti.
    FinlandEnergy and Natural Resources
    Hannes Snellman
    Hannes Snellman
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