Finland’s 15-GW winter-peaking power system had 85 TWh of electrical demand in 2016. Renewables provided about 35% of the country’s electricity consumption in 2016: 18.4% by hydropower, 12.6% by biomass, and 3.6% by wind power. Installed wind power capacity was 1,533 MW at the end of 2016, generating 3.1 TWh. The target set for 2020 is to generate 6 TWh/yr.
Construction of wind power started growing in Finland in 2012, following 2011 legislation guaranteeing prices for renewable generation. The quota under the guaranteed price scheme—2,500 mega-volt amperes (MVA) of wind power—has been filled, and the projects accepted into the scheme must be built by 1 November 2017.
In 2016, the government published a new National Energy and Climate Strategy for 2030 that introduces a tendering-based subsidy scheme and fulfills the new European Union (EU) guidelines for technology neutrality. Between 2018-2020, production capacity able to generate a total of 2 TWh will be put out to tender. The wind power sector in Finland is estimated to employ 2,000–3,000 people in wind power industry and 2,200 in project development, construction, and operation and maintenance (O&M).