Ministry of Economic Affairs and Employment publishes National Battery Strategy 2025

Published

03/02/2021

Type

Reading

3 min

The evolution of battery technologies and electricity production has made it possible to move towards low-emission transportation. In addition to the traffic, electrification is progressing in all fields of society. As the share of renewable energy increases, energy production becomes cleaner and more distributed. At the same time, the variation in production in different time periods increases. In order to match the production and consumption of electricity, the market needs to become more flexible and more and bigger energy storage solutions will be needed.

National Battery Strategy 2025

The task of the working group appointed by Minister of Economic Affairs Mika Lintilä in June 2020 was to prepare a battery strategy for Finland in order to strengthen the innovative environment of the battery sector, accelerate Finland’s sustainable and low-carbon economic growth and support the achievement of climate objectives in transport. The working group proposes seven objectives for the strategy period 2021–2025: growth and renewal of the battery and electrification cluster, growth of investments, promotion of competitiveness, increased international awareness of the strategy, responsibility, definition of key roles in the sector’s new value chains, and promotion of circular economy and digital solutions. In order to achieve these objectives, the working group proposes the following measures: promote cooperation through a national cooperation body, expand the competence of the sector, strengthen international contacts, develop an environment conducive to investments, promote responsibility within the sector, strengthen the brand and communications about the sector, and develop funding. The Battery Strategy outlines the measures that can help Finland become an internationally important actor in the battery and electrification sector. The preparation of the strategy reinforced the perception among the authors that achieving the objective is possible but there is no time to lose. Read the full publication the Finnish Ministry of Economic Affairs and Employment here.

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Aaro Valtonen

Market Analyst

aaro.valtonen@its-finland.fi

Tel. +358 44 555 1823

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