Tag: Hydropower
Economic Outlook for Norway: The Way Forward
Norway’s economy has gone through several phases of growth and adaptation over the years. With natural resources, a well-educated population and a well-functioning welfare state, Norway has a solid foundation to build on. Here we take a closer look at some of the key aspects that point towards the economic future for Norway. Sustainable Energy…
Finland’s average electricity price falls into negative territory
In practice, the oversupply of emission-free electricity is mainly due to the spring flood, which is supercharged hydropower production.
The IEA urges Finland to speed up wind and solar energy projects
According to the report, Finland has taken great steps towards its carbon neutrality goals, including the construction of onshore wind power capacity and the start-up of Olkiluoto 3, the third nuclear reactor of the Olkiluoto nuclear power plant, on the Eurajoki in Satakunta. “Finland has a good chance of achieving its goals thanks to the…
The price of electricity in Finland rose to a record high in 2021
Wholesale electricity prices in Finland rose to a record high as the electricity market returned to pre-pandemic levels in 2021, according to recent statistics from the energy organization Suomen Energia. The increase in wholesale prices was reflected in an increase in household bills, especially for consumers who had opted for a market-based electricity contract or…
The genetic diversity of Baltic salmon has decreased
Over the past 100 years, the genetic diversity of Baltic salmon has decreased and this may affect the salmon’s ability to cope with future climate and environmental changes, shows a new study from the Swedish University of Agricultural Sciences. At the same time, the genetic alignment goes at different speeds in different rivers. In the…
After Swedish pressure – forest and hydropower are classified as green energy sources
Following pressure from Sweden, forests, bioenergy and hydropower are classified as green energy sources by the European Commission, which today presented criteria for sustainable investments. Sweden and other Nordic countries have pushed for the forest, bioenergy and hydropower to be classified as sustainable, which they now also do. However, the Commission points out that this…
Strong expansion of hydropower in the Himalayas is criticized
After the glacier landslide, which claimed many lives, environmental organizations and experts criticize the massive expansion of hydropower that has taken place in the Himalayas. Researchers have not taken into account the sensitive nature and the fact that the mountain massifs in the area are constantly changing, according to researchers. India’s need for energy is…
Energy consumption fell last year and the share of renewable energy sources rose to the second highest in the EU
Last year, total energy consumption in Finland fell by about one per cent, Statistics Finland announced on Monday. Electricity consumption decreased by about two percent compared to 2018, mainly due to less demand from heavy industry. Coal use fell 20 percent, while peat combustion fell eight percent. As a result of the reduction in the…
The water from the Hálslón reservoir flows into the Stuðlagil Canyon
The water level in the Hálslón reservoir, connected to the Kárahnjúkar Hydroelectric Power Station, reached its highest level last week. This contributes to the popular tourist attraction Stuðlagil in the eastern part of the country, one of the largest basalt rock formations in Iceland. Travelers in the area should be careful as glacial water now…
