Balancing competitiveness and climate objectives: Bellona Europa’s insights on the Draghi Report
Introduction Competitiveness has been the dominating topic in EU political discussions in recent months and is set to be a key focus of the upcomi...
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Publish date: October 8, 2004
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The price-tag of the project is over $200m. The Finnish government will give the final answer to this investment offer not before 2005. The main stockholder of the United Energy Oy is the Russian company Baltenergo, which according to the Chief Counsellor of the Finnish Ministry of Trade and Industry Arto Rajala belongs to the Rosenergoatom concern and the Finnish company Kotkan Energia. The representatives of Kotkan Energia said they would not invest in the project itself but they could provide the infrastructure for the energy reception in Finland and its further transfer to the Scandinavian energy system.
The length of the cable is estimated about 150 km. The Finnish bureaucrats are not sure if this project is necessary. Arto Rajala said the biggest concerns are about the capacity of the Finnish energy system, which should additionally consume so much extra energy. It is not clear what consequences this project can cause to the Finnish and Scandinavian energy system as well as environment, Business St Petersburg reports.
Introduction Competitiveness has been the dominating topic in EU political discussions in recent months and is set to be a key focus of the upcomi...
Russia is a world leader in the construction of nuclear power plants abroad. Despite the sanctions pressure on Russia since its full-scale invasion of Ukraine in 2022, its nuclear industry has remained virtually untouched.
Today, the Bellona Foundation is launching the establishment of the Center for Marine Restoration in Kabelvåg, Lofoten. At the same time, collaboration agreements related to the center were signed with Norrøna, the University of Tromsø, the Lofoten Council and Blue Harvest Technologies
To ensure that Germany achieves its goal of climate neutrality by 2045, negative emissions are necessary, as depicted in the global IPCC scenarios.