Finland is to almost double its windpower capacity next year, it has been announced, and more projects are in the pipeline, following a government initiative in September to increase financial support for wind energy by about 30%. The project just unveiled comprises eight turbines rated at 1-1.5MW each, to be built on Finland's west coast. Total installed windpower capacity in Finland to date is only around 12MW. According to the Finnish industry ministry, which is responsible for supporting renewable energy development, the price of wind power has fallen fast in Finland and is now almost comparable with the costs of coal or nuclear energy. Following liberalisation of the electricity market, other companies are now expected to install more wind turbines, and total Finnish windpower capacity is projected to grow rapidly.
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