28 November 2014, 02:11

The Finish government proposes an increase of support of forest chips and decrease the taxation of peat for domestic producers.

The new support scheme for domestic forest chips which was already discussed last month has become more certain. The government proposes an increase of 2.77 EUR/MWh for the support of forest chips, so it would be 15.90 EUR/MWh next year. At the same time the taxation of peat would be cut by 1.50 EUR/MWh to 3.40 EUR/MWh. The government has also brought up a possibility of a further increase in forest chip support and a decrease in peat taxation in the coming years.