Regulatory update for hybrid projects brought before the Parliament
With the now submitted proposal, the Finnish government intends to modify this approach by permitting storage and production to jointly use the same power line for connecting to the
Investments into co-located battery energy storage systems in Finland have, however, so far been hindered by the regulatory restrictions on connecting such hybrid projects to the national grid.
The emphasis in Finland's energy mix has been on renewable sources like biomass, hydro, and wind power. These measures are part of Finland's efforts to decrease energy intensity and improve energy security.
According to data from 2021, Finland's energy supply was less dependent on fossil fuels compared to many other countries, with only 36% coming from these sources, significantly lower than the International Energy Agency 's average of 70%. The emphasis in Finland's energy mix has been on renewable sources like biomass, hydro, and wind power.
Renewable energy in Finland increased from 34% of the total final energy consumption (TFEC) in 2011 to 48% by the end of 2021, primarily driven by bioenergy (38%), hydroelectric power (6.1%), and wind energy (3.3%). In 2021, renewables covered 53% of heating and cooling, 39% of electricity generation, and 20% of the transport sector.
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