FI
Stopping climate change is one of humanity’s greatest challenges of our time. The living conditions of the whole earth are changing as a result of climate change. Warming above 1.5 degrees is a significant risk for humanity.
As part of the international community, Finland is committed to curbing climate change and adapting to its effects in accordance with the Paris Agreement signed in 2015. Nationally, emissions targets have been tightened in Finland with the reform of the Climate Act, which states that Finland will be carbon neutral by 2035.
To achieve these goals, a green transition from fossil fuels and raw materials to renewable sources is needed. Finland has traditionally been strong in the use of renewable energy, because the share of hydropower and wood-based fuels in energy production has been large. Still, a significant part of the energy Finland needs is still based on fossil sources – oil, natural gas and coal.
As part of the green transition in Finland, the energy system is undergoing a transformation. This describes the renewal of the energy system and the transition to a situation where the majority of energy is procured and produced from renewable and emission-free sources, such as wind and solar power. With the green transition, the demand for electricity will increase significantly in the near future. This causes now and in the future the need to find new ways to balance the imbalance between the short-term and long-term seasonal consumption and production of electricity.
An important part of solving this problem is increasing the balance power capacity and energy reserves. Increased geopolitical uncertainty and security policy threats also make it necessary to strengthen the decentralized production of clean energy and raw materials independent of imports. This also partly secures national security of supply.
The green transition and energy system revolution require large investments from companies, the public sector and households.
Coverhall Oy
Ilkka Roslin
SSE Oy:n osakasyrityksen toimitusjohtaja