FINLAND

Finland has no coal plants under construction or in planning stages. The country has 903 megawatts (MW) of operating coal power capacity as of December 2025. As a member of the Powering Past Coal Alliance (PPCA) since 2017, Finland is committed to phasing out these coal plants by 2030 and switching to clean energy sources for producing electricity. Finland relies heavily on hydro, nuclear and bioenergy for its electricity needs. With the exception of peat, which is variably classed as either a fossil fuel or a slow-renewable fuel, Finland imports all fossil fuels used for electricity production. In 2019, the Parliament of Finland passed a law to ban coal for energy production by May 1, 2029. Finland has a goal to reach carbon neutrality by 2035. Its national coal phaseout is consistent with the European Union’s updated Nationally Determined Contribution (“NDC 3.0”), submitted in November 2025, which introduces an indicative 2035 emissions reduction target, reinforces the phase-down of unabated coal power, and reaffirms the objective of climate neutrality by 2050.