St1 vision: ”To be the leading producer and seller of CO2...
Transcript of St1 vision: ”To be the leading producer and seller of CO2...
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St1 vision: ”To be the leading producer and seller of CO2-aware energy”
Our goal is to • Develop and commercialize functional and
environmentally sustainable solutions• Deliver these solutions profitably
Each solution must be• Technically ready for use today• Ecologically and ethically sustainable• Logistically feasible
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Fossil CO2 emissions reach all time high in 2018
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CO2 = €
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Low carbon intensity products will win in the market place
Regions with low carbon energy will be more competitive
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5/22/19 Marja Kaitaniemi6
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Challenge 1: Limited infrastructure
€/MWH
27% 32% 37% 42% 47% 52% 57%
Arctic Cost of Energy
Cost of Energy –current new builds
Cost of Energy difference
The difference in Cost of Energy between a MWh of windpower in the Nordic Arctic region and new renewable electricity generation further south justifies the investment required to connect the two provided sufficient scale of new production
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Davvi WindparkInstalled capacity 800 MW
Area 77,5 km2
Directly impacted area 1,1 km2
Access Roads 12,8 km
Internal Roads 113 km
Average windspeed at hub height 9,3 m/s
Production 4-5 TWh
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Foto: Ola Solvang
Challenge 2: Social license