Replacing fossil fuels presents not only a technical and economic challenge, but also a strategic opportunity. Finland has an obligation to leverage its exceptional position in the transformation of the energy system.
Clean electricity is the foundation of the future energy system, and we must take a strategic approach to its widespread adoption. In Finland, the availability of clean electricity is already a competitive advantage, and there will be a sufficient supply of it in the future. It is important to consider energy security, reasonable pricing, predictability, and low-carbon goals as well. To achieve emission reductions and resilience cost-effectively, the energy system must be designed, built, and optimised as a whole.
Flexible and versatile gases, such as biogas, e-methane, and hydrogen, effectively and competitively support the electricity system by providing balancing power and enabling energy storage and transmission. The flexibility and versatility of gases are also important factors for industry, transport, and security of supply. The planned hydrogen and potential carbon dioxide networks will support the future energy system and further expand the benefits.
Gases facilitate industrial investments and the export of energy in the form of refined products, such as steel or ammonia. Regions will remain vibrant as production, consumption and employment opportunities spread throughout Finland.
The energy system is also integral to defence, as infrastructure, energy security and self-sufficiency become key defence factors. The technology sector must not be overlooked; materials made from Finnish hydrogen, for example, could replace critical imported raw materials used by the defence industry in the future.
We have the technological, economic, and social conditions to pioneer and build Europe’s competitive resilience. The energy system creates jobs, attracts investments, and supports climate goals and security of supply. Despite the challenging economic situation, now is the right time to seize our opportunity and invest in the future.
