Finland power generation glass energy storage

Why has Finland halted gas & electricity supplies?

It has the longest Russian border in the EU and Moscow has now halted gas and electricity supplies in the wake of Finland's decision to join NATO. Concerns over sources of heat and light, especially with the long, cold Finnish winter on the horizon are preoccupying politicians and citizens alike.

Does Finland have a battery supply chain?

Finland’s government sees critical mineral production and the battery supply chain as promising areas for economic development that also support energy transitions. Finland has large deposits of cobalt, nickel, lithium, graphite and other critical minerals – and is home to the only company outside China supplying cobalt for lithium-ion batteries.

Does Finland have green power?

Finland gets most of its gas from Russia, so the war in Ukraine has drawn the issue of green power into sharp focus. It has the longest Russian border in the EU and Moscow has now halted gas and electricity supplies in the wake of Finland's decision to join NATO.

Does Finland have a high energy consumption?

At the same time, Finland still has a high level of energy consumption in relation to the size of its economy, showing the opportunity for energy efficiency to help improve energy security and reduce emissions in sectors such as transport and industry.”

What role does bioenergy play in Finland's climate and energy policies?

Bioenergy also plays a key role in Finland’s climate and energy policies: forestry biomass is currently a key source of electricity and heat, and biofuels are set to play a central role in supporting the transport sector’s clean energy transition.

Does Finland produce lithium ion batteries?

Finland has large deposits of cobalt, nickel, lithium, graphite and other critical minerals – and is home to the only company outside China supplying cobalt for lithium-ion batteries. Finland is also active across other parts of the battery supply chain, from manufacturing of batteries and chargers, to battery recycling.