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Ministry of Economic Affairs and Employment (Finland) tem.fi

Three industrial biogenic carbon capture projects receive EUR 26.6 million in aid

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Announcement

The Ministry of Economic Affairs and Employment has granted a total of EUR 26.6 million to three industrial biogenic carbon capture projects. The decision was made on 9 September 2026. The carbon dioxide captured in the projects will be used to produce electrofuels.

The investment aid aims to accelerate the launch of the first industrial projects for biogenic carbon capture and the scaling of capture solutions in subsequent projects. According to the Government’s call for applications, aid would be granted to investments where the captured carbon dioxide is either stored permanently or utilised in products.

“Finland has great potential to become a leader in the capture of biogenic carbon dioxide. These investments will help speed up the introduction of new solutions and reduce emissions while creating growth and new business opportunities,” says Minister of Climate and the Environment Sari Multala.

The Ministry launched a competitive bidding process for the investment aid in early 2026. The maximum amount of aid available was EUR 90 million. By the end of March 2026, the Ministry had received eight applications for total aid of about EUR 101 million.

The aid was granted to the following projects:

  • EUR 21 million to Metsä Fibre Oy for a plant to capture carbon dioxide from the flue gases of Metsä Group’s Rauma pulp mill. The capture capacity of the plant is 100,000 tonnes of carbon dioxide per year.
  • EUR 2.8 million to Nurmon Bioenergia Oy for capturing carbon dioxide from the Nurmo biogas plant. The capture capacity of the plant is 17,500 tonnes of carbon dioxide per year.
  • EUR 2.8 million to Suomen Lantakaasu Oy for capturing carbon dioxide from the Kiuruvesi biogas plant. The capture capacity of the plant is 17,500 tonnes of carbon dioxide per year.

    • Conditions for projects in competitive bidding process

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