Finland Renewables Market Has Positive Future Outlook, Says BMI RESEARCH in Novel Report Recently Uploaded at MarketPublishers.com31 Aug 2016 • by Natalie Aster
LONDON – The future outlook for the Finnish non-hydropower renewables market remains positive due to considerable support from the country’s authorities for biomass power and favourable measures aimed to boost coal-power conversions and spur traditional forest-related industries. However, the attractiveness of the country’s wind power industry will likely decline in the near future.
According to the European Commission’s proposal (in July, 2016) Finland is required to cut its carbon emissions from such sectors as agriculture, traffic and housing by 39% by 2030.
Positive changes in the domestic paper production are likely to contribute to the Finnish biomass sector growth in the next 10 years; together with a phase-down in the country’s coal-fired power sector, this will open lucrative opportunities for coal-to-biomass conversion projects. Therefore, the biomass-fired power generation industry in Finland is likely to increase at a CAGR of 3.5 % during 2016-2025.
Cutting-edge research publication “Finland Renewables Report Q4 2016” by BMI RESEARCH includes an unbiased guide to the Finnish renewables market, describes key development trends and reviews the recent renewables industry developments in Finland. Data on the top market growth propelling and restraining factors, an all-encompassing analysis of competitive pressures, vital info on future opportunities and prospects, and an overview of the historical market development are available in this insightful research study. Forecasts for the Finnish renewables industry up till 2019 are available here.
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