Sustainable energy solutions
Renewable energy and distributed energy production – The key solutions for energy business challenges
Renewable energy, together with increasingly distributed energy production, are the key solutions for addressing rapidly growing energy demand, and the need to counteract the environmental risks of energy production.
In 2007, the EU agreed on the so-called 20-20-20 objective, which includes increasing the share of renewable energy sources to 20% of the EU’s total consumption by 2020.
Renewable energy production methods utilize natural resources, such as the sun, the wind, flowing water, organic substances, as well as air heating and geothermal energy.
ENERGYVAASA VASTAA ENERGIAMARKKINOIDEN HAASTEISIIN
Apart from the environmental aspects, climbing energy prices have resulted in energy efficiency becoming a critical issue for companies, and a subject for public and political discussion. Improving energy efficiency is the fastest, most sustainable, and most affordable way to reduce greenhouse gas emissions and to secure energy availability. A significant share of the electric energy produced by power plants is lost before it reaches the consumer. We can prevent this through advanced optimization of its production, and by means of reliable, low-loss transmission, distribution and control systems.
Decentralized energy production, and the need to improve the quality of electricity distribution, are creating significant pressure to make changes to electric grid systems. The distribution network is turning into a marketplace for decentralized energy production, wherein real-time and automatic situational adaptation, scaling, predictability, and self-repair are required. The current one-way distribution network will instead become an active and multi-directional collection network, for which consumers, businesses, and small industries can produce electricity.
The graph below shows how the turnover of the technology industry in Ostrobotnia started a rapid growth after the EU 20-20-20 decision.