Finland rejects offshore wind licences
- Admin
- May 6, 2024
- 1 min read
The Finnish government has rejected 16 applications for offshore wind power exploitation rights in the country's exclusive economic zone, aiming to establish clear and fair legislation for future projects. This decision is aligned with the government's effort to create a predictable investment environment. Despite the rejections, it does not prohibit the development of offshore wind projects, and the government plans to introduce new rules through a legislative project. The potential for clean electricity production in Finland's offshore zones is significant, prompting calls for decisive actions to foster investment and improve the legal framework for offshore wind projects.
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