is the five year (2012-2016) joint research and innovation programme at METLA (Finnish Forest Research Institute) and VTT (VTT Technical Research Centre of Finland). It covers the whole span of forest energy value chain from biomass production, supply chain to conversion plant and end use. The economic and ecological implications of all phases of the chain are in the scope of the research. Complimentary to current high level of forest management and utilization practices, new innovative solutions will be developed with proven knowledge of sustainability of forest ecosystems. Increasing bioenergy applications are the primary goal, however the knowledge can be used in the future for joint activities on wider scope of forest utilization in the global bioeconomy.