MaxBill’s Post

We are exploring the possibility of converting old peat fields into solar parks to enable the green transition. Electricity demand is expected to grow significantly in the coming years. The green transition will require CO2-free electricity, such as nuclear, hydro, wind and solar, but also new innovations to balance the electricity system. UPM is in a unique position to explore the potential of the green transition, as we have: ⚡ carbon dioxide-free power generation  🏭 biogenic carbon dioxide from our production  ⚗ Hydrogen production and utilisation in our refinery operations. 🍃 As part of the green transition opportunities, UPM Energy has started to develop wind and solar power projects mainly on land owned by UPM-Kymmene Corporation. Solar power is being developed in Utti, Kouvola and wind power in Western and Eastern Finland. The projects are still at an early stage. The Haukkasuo and Kiikunsuo area in Utti, Kouvola, is ideally suited for the development of solar power due to, among other things, its good solar radiation conditions. The areas are currently leased for peat production. This activity will end in the next few years and the area has attracted a lot of interest among solar power developers. 📷: UPM Solar Oy, a project company owned by UPM Energy, has submitted a zoning initiative to the City of Kouvola to implement a solar power project on the Haukansuo (pictured here) and Kiikunsuo site. 👉 Read more: https://lnkd.in/dHiW3BDF #greentransition #energy #windpower #solarpower

We're excited to announce the completion of our Scandinavian series, with inspiratia's latest Country Report shining a spotlight on Sweden—a true pioneer in the global Energy Transition Sweden's journey towards a sustainable energy future is both inspiring and instructive. Once reliant on fossil fuels, the country has undergone a remarkable transformation. Today, Sweden stands out with its near-zero reliance on fossil fuels to power it's electricity grid, showcasing a robust commitment to renewable energy. The country's landscape is dotted with hydroelectric dams that harness the power of its abundant rivers, while nuclear power plants provide a steady and reliable energy base. Meanwhile, the winds sweeping across Sweden's coastline and vast open spaces have not been overlooked; wind energy is rapidly becoming a cornerstone of the nation's green energy strategy. But Sweden's story isn't just about technology—it's about the visionary institutions and policies that have paved the way. Our report highlights the leading players in this transformation, who are not only driving innovation but also setting new standards for sustainability. For our other reports, including Denmark, Norway, Finland as well as Spain and Italy you can download them here: https://lnkd.in/edTsMrfS

Lesson learnt.....the more intermittent energy is provided to the grid, the more fossil energy is required to balance......unless Nuclear is available. Can we please re-evaluate fabulous dreaming green theories and get back feet on the ground?

While fossil fuels have historically met our power demands, the contemporary world is pivoting towards more sustainable, renewable alternatives. As the energy sector’s evolution unfolds, it will be guided by the progress of renewable energy, advancements in storage technologies, and the crucial role of low-carbon nuclear energy.

River deep, mountain high in Finland. Perfect place to develop volatility mitigation tools and business models! In addition of tech and market mechanisms some quant skills, experience and raw trading competence is needed. These are in the core of Hytrade. "Energy storage and demand side flexibility can play an important role in alleviating the high levels of market volatility. However, it will need a combination of market mechanisms and enhanced technical capabilities, in order to respond to the challenge of negative price signals." https://lnkd.in/gCmrHccc

Power up with Admighty Foundation as we champion the transition to green energy! The time for change is now, and we're leading the charge towards a sustainable future. Green energy isn't just a solution; it's a pathway to cleaner air, healthier communities, and a thriving planet. From solar and wind to hydro and geothermal, renewable energy sources offer endless possibilities for a brighter tomorrow. Join us in advocating for renewable energy policies, investing in clean technologies, and empowering communities to embrace sustainable practices. Together, let's harness the power of green energy to fuel progress, protect our planet, and create a better world for generations to come. #GreenEnergyRevolution #AdmightyFoundation #SustainableFuture #GlobalImpact #CleanEnergyNow ENERGY ASIA TC Energy Siemens Energy Energy Asia Office of Energy Efficiency and Renewable Energy (EERE), U.S. Department of Energy Office of Nuclear Energy, U.S. Department of Energy Energy Asia

Kiitos paljon! This was my last week at Ilkka Keppo’s lab, where I contributed to developing an energy model for Finland based on the JRC-EU-TIMES. I want to publicly express my gratitude to him and the entire team for allowing me to be part of this exciting journey, which further nurtured my knowledge about the Finnish energy system and its decarbonization efforts. It also gave me a unique chance to explore TIMES, one of the most widely used optimization models in the energy sector. The Nordic countries are known for setting a global example in sustainability practices, and Finland is no exception with one of the cleanest energy systems in Europe. In 2022, nuclear and renewable energy sources (mainly biofuels and waste) amounted to 62.8% of the total primary supply (IEA). This figure has been consistently increasing in recent years, driven by a shift from fossil fuels (especially coal) to bio-based energy sources and significant investments in wind and solar generation. Wind capacity rose from around 1,000 MW to 6,946 MW between 2015 and 2023, while solar capacity increased from virtually zero to 1,000 MW (Tuulivoimayhdisty, Energiavirasto). Additionally, the nuclear fleet has recently expanded with the 1,600 MW Olkiluoto 3 reactor, which came online in April 2023. Further investments in wind and solar plants, as well as the possible extension and uprating of Olkiluoto 1 and 2, are likely to contribute to a cleaner energy mix in the coming years. Finland has set 2035 as its target year for net zero. Whether this will happen or not will depend on a combination of factors, including political decisions and the readiness of innovative storage and generation technologies.   In the coming weeks, I will move to Sweden to start the second year of my Master's studies at KTH. In the meantime, I am spending some days in Barcelona and experiencing a reminder, in the form of a new record-breaking heatwave, of the importance of continuing to push the transition to a carbon-free society forward.

Winter is not only coming - it is here! A couple of wonderful Swedish winter weeks with temperatures between -10 to -44 C has made the Christmas and New Year holidays nice winter holidays. Now when most of us are returning to work it also puts perspective on our energy system. We need to have an energy system that delivers energy the coldest weeks of the year and also in a lot of parts of the world - deliver energy at the hottest days to cool. This at the same time as we drastically reduces CO2-emissions to reach Net Zero by 2045 in Sweden and 2050 globally. In Sweden we already have a basically CO2-free electricity system, the challenge is to reach a CO2-free energy system. This will need a doubling of the electricity production and transformation of large industry processes. How to do this? In Sweden it means longterm operation of our current nuclear fleet, building a significant volume of new nuclear (10-15 GW), securing our hydro production and grow our onshore and offshore wind production significantly together with PV-growth. This at the same time as we secure a stable electricity system with high availability at lowest cost. The transformation of the energy usage in the industry must be made by direct electrification and a large increase of hydrogen in the industrial processes. And finally the transportation sector needs electrification for cars and trucks and a significant growth of eFuels in aviation and shipping. The technologies are available, now they all need a massive scale up and become more cost effective. I am proud that we at Uniper are a key player in all these areas - through our nuclear and hydro production, growth in renewables and our strong position in hydrogen and eFuels. 2024 will be another interesting year for the energy business and for us at Uniper. Happy New Energy Year to all of you!

Exceptionally good news in The Times: "How Britain’s national grid ran without fossil fuels for an hour." The sceptics said it would never happen... - On April 15th, Great Britain's national grid operated nearly fossil fuel-free for an hour, with only 2.4% of electricity supplied by coal and gas. - The milestone demonstrates the nation's shift to renewable energy, new technologies, and international electricity connections. - Renewable energy, particularly wind and solar power, alongside technological advances in energy storage and electric vehicle batteries, significantly contributed to this achievement. - National Grid ESO, which oversees the UK's transmission network, sees this as proof that a fossil-free grid is achievable. - The UK aims for a zero-carbon electricity grid by 2035. - National Grid ESO anticipates the first fully fossil-free half-hour will happen within the next 12 to 18 months. - Overcoming challenges related to gas-fired power plants, possibly with carbon capture or hydrogen technology, is crucial for achieving a zero-carbon grid. “Running the grid with hardly any fossil fuels for one hour might seem insignificant, but it’s an essential first step on the way to the government’s goal for a fully decarbonised electricity system,” said Dr Simon Evans, senior policy editor at Carbon Brief, the website that analysed the figures. #climatechange #renewables #netzero

Sweden's Secret: high energy with minimal emissions Sweden is setting a global standard in renewable energy, achieving its 2020 goal early and now aiming for 100% renewable electricity by 2040. Here’s how: (it’s easier than you think...) Most of electricity comes from waterpower and nuclear plants, which don't harm the air. Yes - it's that simple! Sweden utilizes its forests for #bioenergy, exploring potentials like solar and wave power. From heat pumps to passive houses, underscoring a commitment to a green future, Sweden's journey emphasizes the power of sustainable innovation. Let’s be inspired by Sweden’s strides in renewable energy 😉 #Sweden #renewableenergy #innovation https://lnkd.in/eihp7RaK