VTT: Circular economy can improve the profitability of wind power – and vice versa
Circular economy can utilise surplus wind power to improve profitability of the entire energy system. This was demonstrated by VTT’s new modelling tool that was used to calculate the effects of circular economy in Åland Islands, where the share of wind power is expected to increase rapidly in the next few years. As the share of wind and solar power increases, electricity consumption must become more flexible. For example, electric vehicles and heat storages can be charged during peak periods in electricity production, and especially in Åland, there will be enough wind power to sell to