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Free AccessFinnish Wind Pipeline Climbs to 140GW
Finland’s wind pipeline currently sits at 140GW, with 73GW being onshore and the remaining share for offshore wind farms, according to Renewables Finland.
- 400MW of Offshore wind has been fully permitted, with about 36.6GW currently undergoing their EIA assessments and 21.7GW in the pre-screening phase.
- In contrast, 2.69GW of onshore wind is under construction, with about 3.4GW fully permitted.
- The majority of the onshore wind farms are located in central Finland, with offshore parks found off the west.
- Swedish firm OX2 has the highest amount of capacity planned at around 23GW, with Ilmatar and Suomen second and third, respectively, at just under 20GW.
- "The wind power projects currently under construction alone will bring over three billion euros in investments to Finland by the end of 2025,” The Finnish wind association said.
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.