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PRESS RELEASE: VTT prepares development paths towards 2050 climate goals – Finnish economy to revolve around the bioeconomy

According to VTT Technical Research Centre of Finland’s calculations, if used to produce and export high value products, Finnish forest and agricultural sectors could double their value-added by 2050. This work is the first quantitative scenario analysis of Finland's potential in the bioeconomy and its transition to a low-carbon economy, which systematically takes account of all industrial and other greenhouse gas emitting sectors. The Finnish Government has set ambitious bioeconomy, energy and climate targets for the period up to 2030. VTT's new publication answers the question: How, in

Uncertainties related to climate engineering limit its use in curbing climate change

Climate engineering refers to the systematic, large-scale modification of the environment using various climate intervention techniques. However, a new study by VTT and the Finnish Meteorological Institute suggests that the uncertainties associated with climate engineering are too great for it to provide an alternative to the rapid reduction of greenhouse gas emissions. Climate engineering has been proposed as a rapid and cost-effective means of mitigating climate change. It has been suggested that climate engineering could be used to postpone cuts to greenhouse gas emissions while still

Increase in the Use of Biofuels the Most Cost-Effective Way for Finland to Achieve the Goals of the EU's 2030 Climate and Energy Package

VTT and the Government Institute for Economic Research (VATT) have completed a study commissioned by the Ministry of Employment and the Economy and the Ministry of the Environment, assessing the impact of the EU's 2030 Climate and Energy Framework on Finland's energy system and national economy. The increased use of second-generation biofuels in road transport would provide Finland with the most cost-effective way of achieving the greenhouse gas emissions goals presented in the policy framework for the sector outside of the emissions trading system. The impact on the national economy caused

VTT: EU to attain emission target ahead of schedule in non-ETS sectors

The European Union is likely to achieve its 2020 emission reduction target ahead of schedule in non-ETS sectors. A foresight study by VTT Technical Research Centre of Finland indicates that this outcome, which is more positive than expected, will mean that not all emission quotas will need to be used. In turn, this will mean that quota values remain low. The VTT estimates that the EU’s cumulative surplus for 2013-2020 emission quotas in non-ETS sectors will total 160-2000 megatonnes of carbon dioxide. Annually, this would correspond to up to 5 per cent of all emissions within the EU.

Finnish study on climate change: Procrastination over mitigation measures could prove costly

Forecasts about global warming and its consequences are shrouded in uncertainty. Research scientists maintain that the risks associated with climate change are high, but are unable to estimate accurately how easily temperature reacts to changes in the levels of carbon dioxide. According to Tommi Ekholm, Research Scientist at VTT Technical Research Centre of Finland, who has modelled the costs of climate change mitigation measures in his recent doctoral dissertation, it is because of this uncertainty that we need to accelerate measures to mitigate global warming rather than hold back.

Cold climate wind energy showing huge potential

Wind energy capacity is growing rapidly in the cold climates of the world. According to the latest forecasts, between 45 and 50 gigawatts of wind energy will be built in cold climates by 2017, which would mean an increase of as much as 72 per cent since the end of 2012 and investments amounting to approximately EUR 75 billion. “This is a huge opportunity,” says Research Scientist Tomas Wallenius from VTT Technical Research Centre of Finland. “There has been a lot of talk about the potential of offshore wind power, but the market for cold climate wind energy is more than ten times greater.

Finnish project to identify solutions for flooding in cities

New generation of water-permeable surfacing materials to be developedExtreme weather conditions will occur more often in the future because of climate change. In Northern Europe, this means an increasing trend of heavy rainfall, particularly during the autumn and winter months. Flooding causes problems in dense urban environments where the water often cannot penetrate into the ground and rainwater collection systems lack the capacity for large volumes of water. VTT Technical Research Centre of Finland is leading a project that is seeking to identify flood water management solutions suitable

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