Fortum - Accelerator of the Clean Energy Transition

“Don’t count your chickens before they hatch,” but it’s worth noting a couple of things in Business Finland’s brand-new support decision. In practice, this is about state subsidies for potential new investors.

  1. Generally, the list includes a whole bunch of energy-intensive industrial projects.

  2. When cherry-picking, one stands out above the rest. Fortum is the energy partner in the planning of Arctial’s low-carbon aluminum plant in Kokkola. If the plant sees the light of day, its electricity consumption would be over 10% of Finland’s current consumption.

There’s reason to remain cautious about the realization of all these projects, but this support is a nudge forward in any case. And in any case, it’s worth rooting for the Kokkola plant with both hands :+1::+1: :slight_smile:

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