
From 2011 to 2021, Finland experienced a significant shift in its . The share of in Total Energy Supply (TES) declined from 53% to 36%, with decreases seen across all types: oil (26% to 21%), natural gas (9.6% to 6.4%), and coal (11% to 6.3%). Peat's contribution to TES also decreased from 5.8% to 2.7%. These changes were driven by transitions to renewable energy sources, notably solid biomass, with bioenergy and waste increasing from 23. . The electricity sector in relies on , , and electricity import from neighboring countries. Finland has the highest per-capita electricity consumption in the EU. Co-generation of heat and electricity for industry process heat and district heating is common. Finland is one of the last countries in the world still . As part of the Finland has been replacing electricity generation from with. [pdf]
Finland's per capita energy consumption is notably high, driven by its heavy industry sector and significant heating requirements due to its cold climate. In 2021, the industrial sector was the primary consumer of energy, accounting for 52% of Total Final Consumption (TFC)—above the International Energy Agency (IEA) average of 36%.
Bioenergy also plays a key role in Finland’s climate and energy policies: forestry biomass is currently a key source of electricity and heat, and biofuels are set to play a central role in supporting the transport sector’s clean energy transition.
Finland's energy and climate strategy targets carbon neutrality by 2035, emphasizing energy security, sustainability, and biodiversity.

Get access to the business profiles of top 9 United Arab Emirates Solar Energy companies, providing in-depth details on their company overview, key products and services, financials, recent develop. . Get access to the business profiles of top 9 United Arab Emirates Solar Energy companies, providing in-depth details on their company overview, key products and services, financials, recent develop. . United Arab Emirates Solar Photovoltaic (PV) Top CompaniesMasdar (Abu Dhabi Future Energy Company)ACWA PowerCleanMax Mena FZCOMaysun Solar FZCOSunergy Solar LLC [pdf]

Quaise, Inc was founded in 2018 to develop a drilling system for converting existing power stations to use superdeep . The system would repurpose existing technology to drill 20 kilometers beneath the surface, where temperatures exceed 400°C. No fracking would be required, avoiding the potential for in other geothermal systems. Drilling using this technique is hoped to be fast, with boreholes aime. [pdf]
US-based start-up Quaise Energy was founded in 2018 to develop a millimetre-wave drilling system for converting existing thermal power stations to use superdeep geothermal energy.
Quaise Energy | 14,283 followers on LinkedIn. Unlocking the true power of clean geothermal energy. | Quaise develops millimeter wave drilling systems for deep geothermal heat access. Our technology is the only approach in the world with the potential to build geothermal wells at unprecedented depths and temperatures.
New funding will expand field operations and secure supply chain toward clean energy abundance CAMBRIDGE, Mass., March 12, 2024 -- (BUSINESS WIRE)-- Quaise Energy, the company unlocking terawatt-scale geothermal, announced today the closing of a $21 Million Series A1 financing round led by Prelude Ventures and Safar Partners.
CAMBRIDGE, Mass., March 12, 2024--Quaise Energy raises $21 M toward terawatt-scale geothermal energy. The funding will expand field operations and secure the company's supply chain.
CAMBRIDGE, Mass., March 12, 2024 -- (BUSINESS WIRE)-- Quaise Energy, the company unlocking terawatt-scale geothermal, announced today the closing of a $21 Million Series A1 financing round led by Prelude Ventures and Safar Partners. Mitsubishi Corporation and Standard Investments are among several new investors participating in the round.
Unlocking the true power of clean geothermal energy. Quaise develops millimeter wave drilling systems for deep geothermal heat access. Our technology is the only approach in the world with the potential to build geothermal wells at unprecedented depths and temperatures.
We are deeply committed to excellence in all our endeavors.
Since we maintain control over our products, our customers can be assured of nothing but the best quality at all times.