Renowned for their regional co-operation on energy, a sophisticated joint electricity market, and a profound and consistent commitment to renewable energy, the Nordic countries are now considering the future of their energy co-operation. The Nordic Council of Ministers has commissioned former Nokia executive Jorma Ollila to carry out a strategic review of the co-operation and identify which collaborative measures should be initiated over the next five to ten years to strengthen co-operation on energy policy.
The International Energy Agency (IEA) and Nordic Energy Research launched Nordic Energy Technology Perspectives 2016 in Stockholm on the 23rd of May. The product of extensive research collaboration between IEA analysts and researchers from the five Nordic countries, the report presents a technological and economic pathway towards a carbon-neutral energy system in 2050. Electricity generation in the region is already 87% carbon-free, but transport and heavy industry represent greater challenges.