Act on support for the production of electricity from renewable energy (30.12.2010/1396). Country/Territory Finland Document type Legislation Date 2010 Source FAO, FAOLEX Subject Energy Keyword Energy conservation/energy production Renewable energy Bioenergy Fuelwood Authorization/permit Internal trade Royalties/fees Basic legislation Geographical area Arctic, Europe, Europe and Central Asia, European Union Countries, North-East Atlantic, Northern Europe Entry into force notes 1 January 2011. Abstract The purpose of this Act is to promote the production of electricity from renewable energy, enhance the competitiveness of these energy sources, diversification of electricity production and improve self-sufficiency in electricity. The tariff system applies to an electricity supply through wind turbines, biogas power plants, wood chips power plants or fuelwood power plants. Wind turbines, biogas power plants, wood chips power plants or fuelwood power plants can be approved for the tariff structure, if located in Finland or in Finnish territorial waters and is connected to an electricity grid there. The electricity supplier shall apply to the Energy Market Authority for approval of supply systems and must be made prior to commercial operation. The target price for electricity from one of the tariff system approved wind turbines, biogas power plants and fuelwood power plants is of EUR 83.50/megawatt hour. Input price may be increased by a heat premium that is EUR 20/megawatt-hour of electricity from fuelwood power plants and EUR 50/megawatt-hour for electricity from biogas plants. Full text Swedish Website www.finlex.fi References - Legislation Implemented by Act on Energy Authorities (13.12.2013/870). Legislation | Finland | 2013 Keyword: Ecofriendly products/ecofriendly processes, Emissions, Emissions trading, Environmental standards, Standards, Protection of environment, Inspection, Climate change, Energy conservation/energy production, Internal trade, Natural gas, Ozone layer, Renewable energy Source: FAO, FAOLEX