As the global energy need accelerates, the pressure to find smart solutions for energy consumption, production and distribution increases. Cold climate, dark seasons, long distances and energy intensive industry has lead Finland to become one of the leading countries in smart energy. Whether your company sells electricity or creates technological solutions for the energy market, 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 energy and ICT infrastructures 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 new innovations 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 Otaniemi connects experts, organisations, technologies and pilot projects.
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. Already almost 50 % of the energy consumed in Finland is renewable and almost 80 % is carbon dioxide free.
To support renewable electricity generation, in 2018 the Finnish Energy Authority did a call for tenders granting production subsidies to the most cost-effective and competitive investments. This way an electricity producer, whose power plant was approved for the premium scheme, will be paid a subsidy determined by the premium indicated in its tender. The subsidy will be paid for 12 years. The dates for the next rounds of tendering are not published yet.
Sources: Finnish Energy, Business Finland, Energy Authority, Smart Otaniemi
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