Urgent need for new approach to energy policy: The case of Finland

Noora Valkila and Arto Saari

Renewable and Sustainable Energy Reviews, 2010, vol. 14, issue 7, 2068-2076

Abstract: The process of climate change is already under way and is a serious threat facing the planet. Our response to this threat will irrevocably transform the energy sector and the priorities within it. The trend in emissions over the next decade will largely determine whether the process of climate change can be kept at a moderate level. This literature-based study focuses on Finland as an example case. Oil price fluctuations, economic development and changes in consumer values and attitudes are key forces that will drive change in the energy sector. A greater diversity of energy sources is vital if we are to avoid a catastrophic warming of the climate. The use of renewable energy sources must be increased, and the efficiency of producing, transmitting and distributing energy must be improved. The energy sector must also exploit the potential of nuclear energy, wind, solar and hydro power, afforestation measures, biomass resources, carbon capture and storage (CCS) technology and the nano-bio sector. National policies and measures must be set out in detail and global cooperation enhanced. The presence and impact of factors that impede the work to curb climate change must also be taken into account in energy strategies if these strategies are to be successful.

Keywords: Climate; change; Energy; sector; Future; scenarios; Finnish; energy; policy (search for similar items in EconPapers)
Date: 2010
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Citations: View citations in EconPapers (19)

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