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EU Energy in Q4 2024: Market Resilience and Record Share of Renewables
Based on the latest data published by the European Commission, EU electricity and gas markets demonstrated strong resilience and stability in the fourth quarter of 2024. Despite a seasonal increase in gas demand, energy supply remained secure, market integration continued, and [...]
OX2 starts construction of 472 MW onshore wind power in Finland
OX2 has made the investment decision for two onshore wind farms in Finland with a total capacity of 472 MW. The investment amounts to more than 700 MEUR and the wind farms will remain under OX2ās ownership once constructed. The projects [...]
Analyzing Baltic offshore wind opportunities with WindEurope CEO Giles Dickson
Giles Dickson, the CEO of WindEurope, offered his perspectives on the recent Baltic Sea Offshore Wind Summit (BSOWS2025) during an interview. The conversation highlights the positive momentum in the Baltic offshore wind sector and underscores the importance of regional collaboration. Dickson [...]
Smart cities on the move ā how AI is helping improve urban flow
EU-funded researchers are using AI to help ease the flow in Europeās cities, making urban environments both safer and greener. By Tom Cassauwers Ā At the Las Matas train station in the town of Las Rozas, just north of the Spanish [...]
Electricity from renewable sources reaches 47% in 2024
In 2024, 46.9% of net electricity generated in the EU came from renewable energy sources. Among EU countries, Denmark had the highest share of renewables in its net electricity generation with 88.4%, coming mostly from wind, followed by Portugal (87.5%, mostly [...]
Report by ORLEN Group and S&P Agency: Cooperation between Poland and Baltic States will ensure cheaper and cleaner energy
Stable electricity supplies at an affordable price, full independence of the Baltic Sea region from Russian supplies, and clean air through joint projects to develop new technologies, including hydrogen - these are the potential benefits of cooperation between the Baltic countries. [...]
Arenso and Utilitas partner for Basic Design of the Saare-Liivi Offshore Wind Park
The Finnish wind energy service provider Arenso Oy and a leading Estonia-based renewable energy developer and producer Utilitas Wind have signed an agreement for co-operation in the Saare-Liivi Offshore Wind Park project. Arenso was assigned to prepare Basic Design for the [...]
Finland has over 100 GW of wind power in the planning pipeline
According to project statistics from Renewables Finland, there are over 100 gigawatts (GW) of wind power at various stages of planning in Finland. Not all planned projects will be realized, but a broad portfolio of wind power projects ensures that even [...]
OX2:Ā Finland offshore Halla Projectās EIA Report CompletedĀ
OX2's offshore wind project development continues to progress despite challenging market and regulatory conditions. The Environmental Impact Assessment (EIA) report for the Halla project, located in Finland's exclusive economic zone, has been completed and submitted to the competent authority. This marks [...]
New Ten-Year Network Development Plan highlights power transmission and storage needs to meet the Energy Transition targets
ENTSO-Eās draft TYNDP shows the strategic electricity infrastructure investments that ensure that Europeās energy system can meet the EUās and Member States energy and climate targets for 2030, 2040, and 2050 while providing a positive impact on system costs. In line [...]
New report of the JRC of the European Commission on the Onshore Wind Potential of the EU and Neighbouring Countries
Joint Research Centre of the European Commission released new report āThe Onshore Wind Potential of the EU and Neighbouring Countriesā. The report reveals that the continent has far greater capacity for wind energy than previously estimated. The ENSPRESO 2 dataset, developed [...]
Europeās Green Revolution: Offshore Wind Power Takes Center Stage
The European energy sector is undergoing a historic transformation, with offshore wind power emerging as a dominant force in the transition toward renewable energy. Latest data presented by Ignitis highlights a pivotal shift: future offshore wind energy projects in Europe are [...]
New survey to support the assessment of the implementation of the Regional MSP Roadmap for the Baltic Sea
The joint HELCOM-VASAB (Vision & Strategies Around the BlaticSea) Maritime Spatial Planning Working Group (HELCOM-VASAB MSP WG) is about to proceed to the interim assessment of the progress in implementing theĀ Regional Maritime Spatial Planning Roadmap 2021-2030. In this context, a dedicated [...]
Wind Power Emerges as Finlandās Second-Largest Source of Electricity
In 2024, wind power solidified its position as Finland's second-largest electricity production method, surpassing hydropower, which had traditionally held this rank. Wind energy contributed significantly to the nation's electricity supply, accounting for 24% of total electricity consumption and 25% of electricity [...]
Renewables Finland Sets Bold Offshore Wind Capacity Goals
Renewables Finland has unveiled ambitious targets to expand offshore wind capacity, setting milestones of 1 gigawatt (GW) by 2030, 7 GW by 2035, 16 GW by 2040, and 24 GW by 2045. Currently, Finland has only 44 megawatts of installed offshore [...]