Piiparinmäki wind farm is one of the largest clean energy assets in Finland and in joining forces with OX2 we reiterate our commitment for excellence in asset management in the energy sector," says Jordi Francesch, Managing Director of Asset Management at Nuveen Infrastructure.
Market studies forecast that 10 GW of floating offshore wind capacity will be installed or in construction globally by 2030 and 31 GW by 2035. 📈 Follow Oxan Energy''s page to stay tuned! 📢
Leading renewable energy and infrastructure consultancy, Natural Power, has completed due diligence on behalf of ING Wholesale Banking during the financing process of the second phase of the onshore Lakiakangas
Loving my job, part II 😃 Our press trip focusing on Finland''s possibilities in making the green transition happen took us for a visit to the offshore wind farm in Tahkoluoto, Pori, operated
Leading renewable energy and infrastructure consultancy, Natural Power, has completed due diligence on behalf of ING Wholesale Banking during the financing process of the second phase of the onshore Lakiakangas wind farm located in Karijoki and Isojoki, Finland.
Natural Power, the leading renewable energy consultancy and service provider, has acted as owner''s engineer on behalf of global renewable energy company Low Carbon at Mörknässkogen onshore wind farm in the Ostrobothnia region of Finland which has entered operations.
Acting as owner''s engineer on behalf of Renewable Power Capital (RPC), Natural Power, the leading renewable energy consultancy and service provider, has overseen the construction phase of all three Project Magna onshore wind farm sites in Finland, constructed by OX2 and
Finland plans to achieve carbon neutrality by maintaining a high share of nuclear energy, increasing the role of renewables in power generation and heat production, improving energy efficiency, and electrifying sectors such
In 2021, Finland''s Total Energy Supply (TES) comprised bioenergy and waste (33.6%), oil (20.8%), nuclear (18.5%), coal (6.3%), natural gas (6.4%), electricity imports (4.6%), hydro (4.1%), peat (2.7%), wind (2.2%), and heat (0.6%). Regarding Total Final Consumption (TFC) by sector, the industrial sector accounted for 53%, buildings for 31%, and
Acting as owner''s engineer on behalf of Renewable Power Capital (RPC), Natural Power, the leading renewable energy consultancy and service provider, has overseen the construction phase of all three Project Magna onshore wind farm sites in Finland, constructed by OX2 and celebrating their official opening this week.
Finland plans to achieve carbon neutrality by maintaining a high share of nuclear energy, increasing the role of renewables in power generation and heat production, improving energy efficiency, and electrifying sectors such as industry and transport.
Market studies forecast that 10 GW of floating offshore wind capacity will be installed or in construction globally by 2030 and 31 GW by 2035. 📈 Follow Oxan Energy''s page to stay tuned! 📢
The public energy subsidies in Finland in 2013 were €700 million for fossil energy and €60 million for renewable energy (mainly wood and wind). An increased feed-in tariff was used for new wind power industry in 2011 to 2015.
Finland's per capita energy consumption is notably high, driven by its heavy industry sector and significant heating requirements due to its cold climate. In 2021, the industrial sector was the primary consumer of energy, accounting for 52% of Total Final Consumption (TFC)—above the International Energy Agency (IEA) average of 36%.
Finland's energy and climate strategy targets carbon neutrality by 2035, emphasizing energy security, sustainability, and biodiversity.
Finland's approach includes nuclear energy, more renewables for electricity and heat, improved energy efficiency, and economy-wide electrification. After Russia's 2022 invasion of Ukraine, Finland moved to cut Russian energy imports, which previously comprised 81% of crude oil, 75% of natural gas, and 19% of electricity imports in 2021.
Thanks to its fleet of nuclear plants and high shares of electricity generation from biomass, hydro and wind power, Finland already has a low reliance on fossil fuels. In 2021, fossil fuels covered 36% of its total energy supply, well below the IEA average of 70%.
Finland’s government sees critical mineral production and the battery supply chain as promising areas for economic development that also support energy transitions. Finland has large deposits of cobalt, nickel, lithium, graphite and other critical minerals – and is home to the only company outside China supplying cobalt for lithium-ion batteries.
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