14 02 Technology and Climate Change CLIMTECH 1999 – 2002 Final

Wind power, as a renewable source of energy, reduces the greenhouse gas emissions. For Finland, the technology also brings business opportunities, as the Finnish industry already has a position in the global, fast growing wind power market. The wind energy project within the Climtech Programme focused on the technology export potential of Finnish industry in wind power markets, and on the reduction of greenhouse gas emissions of wind power in the Finnish and Nordic energy systems. The global development of wind power technology and market prospects of wind power were taken for a starting point when estimating the technology export prospects for the Finnish industry. If the Finnish industry is able to maintain the current market shares, the exports will be 0.8–1.2 billion € in 2010. If the Finnish wind turbine manufacturer were able to get a global market share of 5%, this would more than double the Finnish exports. The fast growing wind power market is abroad. To stay there, or to get there as a newcomer, requires more and more national support in the form of R&D and a home market. For the emission reductions, simulations for the Finnish and Nordic energy systems were conducted to find out the amount of emission reductions wind power could make. CO2 emissions will be reduced 700–650 gCO2/kWh wind produced. The costs for CO2 abatement by increasing wind power capacity in Finland seem to be about 20 €/t CO2 for the first TWh of wind, and when the capacity is further increased the costs also raise gradually to 35 €/t CO2 for the seventh TWh of wind.