Finland shows how bioenergy and nuclear can drive the energy transition (Modern Diplomacy)

Finland shows how bioenergy and nuclear can drive the energy transition (Modern Diplomacy)

Thanks to the strong role of nuclear, hydro and bioenergy – which alone accounts for 29% of energy supply – Finland has one of the lowest share of fossil fuels in total energy supply among IEA member countries. Yet in its latest review of energy policies in Finland, the IEA finds that the government will nonetheless need to focus on cost-effective measures to achieve its ambitious climate goals of halving oil demand and phasing out coal use by 2030, among others.

For instance, Finland targets 30% of transport fuels from renewable sources by 2030. As a leader in advanced biofuels, Finland needs to ensure that its new biofuels obligation can be met with sustainable feedstocks, encourage investments in novel biofuels production, and ensure the use of biofuels in long-distance transport, such as freight, shipping and aviation.

 

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