June 7, 2015

Fully renewable energy system is economically viable in Finland in 2050




(June 7, 2015)  A fully renewable energy system, including all energy consuming sectors, is not only a possible but a viable solution for Finland, according to a new research. Researchers from LUT have investigated renewable energy system options for Finland in 2050. Results indicate that a fully renewable energy system is possible, and represents a competitive solution for Finland with careful planning.

In order to achieve the national greenhouse gas reduction targets for 2050, all sectors of the energy system need to be nearly emission free by 2050. Renewable energy system modelling shows that a fully renewable energy system featuring high shares of wind and solar energy includes smart interaction between the electricity, heating/cooling and mobility sectors. Power-to-Gas technology, i.e. converting electricity into gases such as hydrogen or synthetic natural gas, and energy storage solutions, such as batteries, heat storage and synthetic natural gas storage, also have a central role as enabling technologies.

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