2020-10-22 19:50Press release

Mundus Nordic Green News – 22 October, 2020

Finland publishes low-carbon industry roadmap

Finland’s Ministry of Employment and the Economy has published a report summarizing the main results of the industry roadmaps. The report includes the following industries: Energy, Chemicals, Forestry, Technology, Food, Trade, Transport and Logistics, Agriculture, Tourism and Restaurants, Construction, Property Owners and Developers, Sawmill, Textiles and Bioenergy.

 

The roadmaps show that the government's goal of a carbon-neutral Finland 2035 is achievable. However, the implementation of the roadmaps requires that the investment environment is favorable and that several conditions are met. In summary, the electrification of industry and the rest of society will make it possible to significantly reduce greenhouse gas emissions in a number of industries. Electrification could mean a 100% increase in industrial electricity consumption and an increase of more than 50% in Finnish electricity consumption by 2050. Increasing low-emission electricity generation capacity and expanding the transmission network will require significant investments.

 

The 2035 target is so ambitious that emission reductions are needed in every industry. The Minister of Economic Affairs Mika Lintilä acknowledged that “the state must create the conditions for large-scale investments and other activities.“

 

Sweden’s Energy Minister inaugurates new solar park near Linköping

Solcellsparken in Linköping was today officially inaugurated by the Minister of Energy and Digitization, Anders Ygeman. The solar park near Linköping is one of Sweden's largest and has been in operation since July. It has approximately 30,000 panels, producing electricity sufficient to power 2,300 villas. 

 

Representatives from the 4 partners involved in the project: Alight, Tekniska verken in Linköping, Infranode and Swedbank were also present to talk about the park and the path from idea to commissioning. Alight has been responsible for the construction and maintenance of the park. Infranode, which specializes in infrastructure investments in the Nordic region, finances the solar park. Swedbank has undertaken to buy the electricity produced, which will account for 30% of their electricity consumption. 

 

Germany and Denmark wind connected by world’s first “hybrid” interconnector

The world’s first hybrid subsea interconnector has been inaugurated this week, integrating two German and Danish offshore wind farms in the Baltic Sea, and allowing power to be brought onshore to Denmark or Germany and for cross-border energy trading. The Combined Grid Solution (CGS) was inaugurated on Tuesday by German transmission operator 50Hertz and Danish system operator Energinet, and was described by Peter Altmaier, the German Federal Minister for Economic Affairs, as a “European lighthouse project for cross-border cooperation in the field of offshore wind energy.”

 

Stefan Kapferer, CEO of 50Hertz said that the project “offers us several effective options to balance the frequency and voltage of our transmission grids at all times, to deal with the integration of renewable energy sources with more flexibility and to increase the stability of the overall system.”


About Nordic Green News

The Nordic countries are some of the most dynamic and successful economies in the world. They are also leaders in sustainability, from renewable energy, biofuels, carbon capture and storage and the hydrogen economy, circular economy business models and battery development, the Nordics are pioneers in policy design, technology development and consumer uptake. Mundus Nordic Green News is covering this transition for the international community. Every day we clip the stories of most relevance to international businesspeople and policy experts from the flow of news. We supplement these with our own opinion pieces and commentary, in English. Mundus was founded in 2012 to provide information and analysis to embassies accredited to Sweden. Today, we deliver news, analysis and media monitoring of the Nordic countries to the international community in the Nordics.