The five Nordic countries – Denmark, Finland, Iceland, Norway and Sweden – have some of the most ambitious energy and climate policies in the world. Despite this, achieving the Paris Climate Agreement’s vision of maintaining the global temperature rise “well below two degrees” will require radical change.
In 2016, Nordic Energy Research (NER), an intergovernmental organisation reporting to the Nordic Council of Ministers, and the International Energy Agency (IEA) published Nordic Energy Technology Perspectives (NETP) – a Nordic edition of the IEA’s Global Energy Technology Perspectives 2016. The report offered a detailed scenario-based analysis of how the Nordic countries can achieve near carbon-neutral energy systems.
Ea has assisted NER in preparing a publication that evaluates the actual progress made towards Nordic Carbon Neutrality as put forth in the Carbon Neutral Scenario (CNS) of the NETP, asking the question of whether we are on track.
The publication focuses on the key drivers of the transformation of the Nordic energy profile which include increasing the share of renewable energy within the power sector, boosting bioenergy use, electrification of transport, electrification of heat supply, and decarbonisation of industry as well as developments within energy efficiency and smart buildings, green mobility, energy storage, and carbon capture and storage.