The Research Institute of the Finnish Economy ETLA predicted three percent growth this year in the Finnish economy on Tuesday, in one of the most positive economic forecasts for the near future to be released.
The Russian-Finnish nuclear project at Pyhäjoki, northern Finland, will not get a building permit before 2019, according to the company’s new, revised estimate. The firm had just a few months ago said it expected the permit in 2018.
Finland’s energy market is poised to shift into a new gear next year. Renewable energy sources are expected to produce more of the country’s energy than fossil fuels, which include oil, coal, natural gas and peat.