Finland’s incoming government has effectively “shut the door” on new wind farms by reducing the ceiling for projects that can qualify for feed-in support by almost 500 MW, the Finnish Energy Industries Association said on Thursday.
“We understand that the government wants to reduce the subsidies to save costs but we very much object that it is changing a target that has already been set as it creates uncertainty for investors,” Jukka Leskelä, head of power generation at the lobby group, told Montel.
The incoming centre-right government presented its main policy platform on Wednesday, which included reducing the ceiling for projects that can qualify from the current feed-in support for wind power from 2,500 mega volt amperes (MVA) to 2,000 MVA – a cut from roughly 2,300 MW to 1,800 MW.
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