Published 22.06.2022

Ministry of Economic Affairs and Employment: Comments requested on report on security of supply

The Ministry of Economic Affairs and Employment is preparing the Government’s first report on security of supply. The report describes the operating environment for security of supply as well as assesses its developmental needs in a changing environment. Current crises have elevated the importance of both national preparedness and international security of supply cooperation on the Nordic and EU levels.

“Systematic and long-term development into security of supply is required. Changes in the operating environment, such as the COVID-19 pandemic and the Russian attack on Ukraine, have elevated the importance of security of supply. The need for developing security of supply was already identified during the pandemic, and this report is intended to provide direction for this development work,” says Minister of Employment Tuula Haatainen.

Minister Haatainen is in charge of security of supply and is the chair of the parliamentary group that monitors the preparation of this report.

The report determines the key security of supply principles and areas of development

The report aims to determine the key strategic policies for the functioning of security of supply through parliamentary preparation. The report and its implementation will ensure a sufficient level and capacity for security of supply as a part of overall security for Finland’s society. The report does not assess operational details in security of supply, and, instead, defines its key principles and areas of development.

Key areas of development have to do with financial resources regarding security of supply, updating regulations, sector-specific preparation and closer cooperation. Other areas of development include ensuring competences as well as developing the network model and continuous social dialogue.

The public officials’ preparatory work on the report has been guided by a cross-branch steering group, which includes the Ministry of Economic Affairs and Employment:, the Ministry of Defence, the Ministry of the Interior, the Ministry for Foreign Affairs and the Ministry of Finance.

Comment submissions are open until 8 August

The invitation for comments regarding the draft report on security of supply is open until 8 August 2022. Comment submissions are accepted through the online service. The report will be finalised based on the feedback and scheduled to be submitted to the Parliament in September 2022.