The Energy Transition in Finland

Finland is strategically positioned as a leader in the European Union’s energy transition, leveraging its rich reserves of critical minerals such as nickel, cobalt, and lithium, essential for the growing demand for clean technologies like batteries and electric vehicles. The country’s energy mix is dominated by nuclear, wind, and hydropower, ensuring a strong foundation for its decarbonisation goals. As Finland increases its focus on sustainable practices, it also advances ESG policies to strengthen further its role in the global clean energy and critical minerals markets. Finland’s mining sector, which includes essential minerals such as cobalt and nickel and the potential for lithium production, is key to its efforts to secure a competitive advantage in Europe’s energy transition. Finland’s commitment to environmental responsibility is underpinned by its active participation in the European Union, NATO, and other international organisations. With a strong regulatory framework and an emphasis on circular economy principles, Finland is poised to continue its leadership in critical minerals production and sustainable energy.