Jussi Hellsten / Helsinki Marketing

Smart energy business opportunities in Greater Helsinki

Tomorrow’s smart energy solutions are created in Greater Helsinki.

Why look at smart energy opportunities in Helsinki?

As the global demand for energy accelerates, the pressure to find smart energy solutions for consumption, production and distribution increases. Cold climate, dark seasons, long distances and energy intensive industry has led Finland to become one of the leading countries in smart energy. Whether your company sells electricity or has new business ideas for the energy sector, you will find opportunities in Greater Helsinki. And we are happy to help you on your journey.

Greater Helsinki is a very business-friendly economy. Liberal legislation allows energy businesses to flourish, and the freedom to choose one’s electricity supplier creates opportunities in the energy market. Finland’s progressive strategy on clean energy and efficient ICT infrastructure offer lucrative platforms to test and innovate new business models, even in real life environments.

The northernmost building stock and highest need for heating systems in continental Europe have made Finnish companies and citizens alike very energy conscious. There is a demand for business ideas for energy sector to enhance for example energy efficiency and living comfort. Luckily, we Finns are open for new technological solutions. Next generation smart grids, 5G test networks, artificial intelligence and IoT solutions and expertise are already available.

So, what are you waiting for? Come and bring your energy business to Greater Helsinki!

Smart energy strengths of Greater Helsinki

Liberal energy legislation and a focus on clean energy
Finland has a national energy and climate strategy, of which one of the most important focus areas is to curb climate change. To start selling electricity in Finland does not require special permits from the seller, and citizens are free to choose and change their electricity provider when ever they see the need.
Smart meter data enables new business opportunities
Finland was one of the first countries in the world to adopt remote meters that register electricity consumption data on an hourly basis. Validated metering data is available for use by the customer, balance settlement and the electricity markets. Smart meter data can be utilized to further optimize, monitor and impact the way energy is consumed, providing new business opportunities for companies.
Open access to data
Helsinki metropolitan area cities have opened their data to facilitate the creation of new services and business ideas for energy sector, as well as supporting research and development. Data can be found on for example housing, built environment, weather and traffic.
Piloting opportunities
Smart Otaniemi is an innovation ecosystem that connects experts, organisations, technologies and pilot projects. It brings the building blocks of a smart future together. The ecosystem is looking at new possibilities for renewing the energy sector, with new types of cooperation between sectors and stakeholders, and new ways to create sustainable growth. Go to Smart Otaniemi or contact us to learn more.

We are already using tomorrow’s smart energy solutions

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Smart Otaniemi innovation ecosystem is renewing the energy sector

A public two way charging point installed in Helsinki enables vehicle-to-grid charging and electricity storage

Reducing the thermal load of the Baltic Sea with a new heat pump in the world’s largest heating and cooling plant

Underground heating and cooling plant utilizes excess heat – and is a step towards climate neutrality

A world-first liquid cooled base station in an apartment building is located in Helsinki

Viikki Environment House – Finland’s most energy efficient office building

Virtual powerplant makes properties operators comparable to backuping power plants

Bring your business ideas for energy sector to Greater Helsinki

Smart Otaniemi connects experts, organisations, technologies and pilot projects.

Finland is a frontrunner in clean energy

Finnish electricity generation by energy source 2018

Source: Finnish Energy

Finland has the largest energy cluster in Northern Europe. Still the country has an ambitious goal: to be carbon neutral by 2030. With enabling legislation and governmental support, the goal is well within reach. Clean energy is already the norm: almost 50 % of the energy consumed in Finland is renewable and almost 80 % is carbon dioxide free.

To support new clean energy business ideas the Finnish Energy Authority did a call for tenders granting production subsidies to the most cost-effective and competitive investments in 2018. An electricity producer whose power plant was approved for the premium scheme, will be paid a subsidy in order to promote renewable energy production. The subsidy will be paid for 12 years. The dates for the next rounds of tendering are not published yet.