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Hydrogen in Latin America
…Low-carbon hydrogen can also play a crucial role in Latin America’s own clean energy transitions, which have been gaining momentum in recent years, with many countries announcing ambitious new climate and energy goals and taking steps to translate these objectives into action. In the coming decade, variable renewables, energy efficiency and direct electrification will continue to drive emissions reductions in the region based on existing technologies. Beyond 2030, decarbonisation efforts will increasingly rely on technologies that are not commercially available today. These include low-carbon hydrogen applications that could substitute fossil fuels where direct electrification may present implementation…
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Energy Policies of IEA Countries: Finland 2018 Review
…sustainability and the country’s carbon sink, and it offers perspectives for Finland’s potential for innovation in heavy duty, aviation and maritime transport. The country has aligned its climate and energy policies within a robust policy framework and set ambitious climate targets for 2030, such as cutting oil consumption in half and achieving 30% of renewables in transport by 2030. As the power sector is largely decarbonised, transport is a key sector for the country’s ambitious national climate targets. Finland has been a leader among IEA countries in public and private spending on energy research, development and demonstration…
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Renewables 2020
…renewables in the electricity heat and transport sectors. Executive summary Renewables’ resilience is driven by the electricity sector In sharp contrast to all other fuels, renewables used for generating electricity will grow by almost 7% in 2020. Global energy demand is set to decline 5% – but long-term contracts, priority access to the grid and continuous installation of new plants are all underpinning strong growth in renewable electricity. This more than compensates for declines in bioenergy for industry and biofuels for transport – mostly the result of lower economic activity. The net result is an overall increase of 1% in renewable…
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Finland 2023
…energy imports and ensuring energy security by increasing imports from other countries, raising domestic renewable energy production and improving energy efficiency. Despite these notable successes in clean energy and energy security, significant challenges remain. Imported fossil fuels still account for over a third of the energy supply while some areas of the Finnish economy, such as transport and key industrial activities, remain dependant on fossil fuels. Also, land use change and forestry in Finland, which have historically offset a significant amount of greenhouse gas emissions, became a net source of emissions for the first time in 2021. In this report…
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IEA Support to Accelerating Renewable Energy Permitting (ARPE)
…as well as all other stakeholders engaged in renewable energy project development.The project was funded by the European Union (EU) via the Technical Support Instrument, which is managed by the Reform and Investment Task Force (SG REFORM) of the European Commission. The project is implemented by the International Energy Agency (IEA), in cooperation with the European Commission. Background In May 2022, the European Commission released the REPowerEU aimed at rapidly accelerating the clean energy transition in the European Union. The plan includes increasing the 2030 target for renewable energy in the overall energy mix to 42.5% (with the ambition…
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Energy Policies of IEA Countries: Finland 2007
…some areas that warrant special attention. As nearly all fossil fuels are imported and all natural gas comes through a single interconnection, the government should continue to explore ways to diversify import sources and routes. The new nuclear power plant currently being built – the first in a liberalised market – will help safeguard energy security, though the construction delays necessitate continued monitoring. Subsidies for peat, a fuel in abundance in Finland, should be reconsidered, as they do not enhance energy security. On the other hand, the government should continue to explore ways to expand new renewables, building on the current stock…
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Energy Policies of IEA Countries: Finland 2013 Review
…ambitious renewable energy programme, with a view to meeting 38% of its final energy consumption from renewable sources by 2020. Finland is the most forested country in Europe; biomass will thus play a central role in meeting the target. Finland is one of few IEA countries with plans to expand its nuclear capacity, and the Parliament has approved the construction of two more nuclear power plants. If all planned projects are completed, the share of electricity produced by nuclear could double by 2025, reaching around 60%. This would contribute to diversifying Finland’s energy security and meeting its low-carbon…
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Fuel Economy in Major Car Markets
…2017 for the Global Fuel Economy Initiative (GFEI). It shows that the average amount of fuel required to travel 100 km improved by 1.3% in 2016 and 2017, down from 2% per year between 2013 and 2015. Important drivers for this slowdown are declining shares of diesel vehicles, mostly replaced by gasoline despite fast-growing shares of electrified vehicles and a continued appetite for larger vehicles. It also reflects changes in the composition of light-duty vehicle sales globally, including increased sales in emerging economies and shifts occurring within advanced economies. Countries with policies (fuel economy standards and purchase…
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Energy Policies of IEA Countries: Finland 2003
…for backup power, and efforts to diversify natural gas supply options would reinforce this policy.
While Finland’s light-handed approach to regulation has worked well, the report recommends areas of more proactive regulation, especially in the fields of electricity networks and district heating systems.
Finland has agreed to keep GHG emissions at 1990 levels during the first Kyoto commitment period, yet projections show a 15% increase in emissions under business-as-usual conditions. Actively integrating international measures such as emissions trading into domestic programmes and more market-based approaches to renewable energy will ease the path towards Kyoto compliance. -
Energy Policies of IEA Countries: Finland 1999
…merger of Finland's largest electricity company with the country's dominant oil and gas conglomerate did nothing to alleviate this situation. Price regulation and anti-trust oversight may have to be strengthened. Nevertheless, the Finnish power market is a successful example and worthwhile for other countries to study. Finland was the first country in the world to introduce a carbon tax and has an excellent record in energy efficiency policy. But carbon emissions continue to rise. Increased use of natural gas and Finland's interconnection to the EU gas grid may be the best approach to reducing CO2 emissions.