Green Transition Opportunities in Satakunta
Green Transition
= clean transition
Mitigating climate change requires phasing out fossil fuels
Transitioning to the use of renewable energy and renewable fuels is paramount
This also includes increasing energy and material efficiency along with the circular economy
The EU's goal is carbon neutrality and a sustainable circular economy by 2050
• With an intermediate goal of 55% emission reduction by 2030
Finland's national climate law stipulates that Finland will be carbon neutral by 2035
New markets for renewable energy and renewable fuels are created through regulation
EU Directives Towards Green Transition
The EU’s “Fit for 55’’ package will guide towards reduction targets and green transition
Emissions trading is the primary method for developing markets
Free emission allowances for industry and energy production will be phased out
Transport and buildings will be included in the emissions trading system
EU goals:
• Energy production: 42.5% of energy from renewable sources by 2030
• Industry: 62% reduction in emissions by 2030
Source:
EU Goals for Transport
Road transport:
• New passenger cars and vans must be 100% emission-free by 2035
• Emissions from new heavy-duty vehicles must be reduced (vs. 2019):
- 45 % by 2030
- 65 % by 2035
- 90 % by 2040
Aviation: minimum shares of sustainable fuels
• 6 % by 2030
• 34 % by 2040
• 70 % by 2050
Shipping: annual carbon intensity reduction
• 6 % by 2030
• 31 % by 2040
• 80 % by 2050
Green Transition Investment Projects
Renewable energy production
• Wind farms and solar power plants
• Biogas and biofuel plants
Battery value chain production facilities
• Battery materials production
• Battery cell manufacturing
• Battery pack assembly
• Battery recycling
Hydrogen economy
• Green hydrogen production
• Production of synthetic fuels and chemicals (e.g., e-methane, e-methanol, e-ammonia)
Recycling and circular economy facilities
Investment projects related to electrification technologies and materials
Strengths of Satakunta
Finland's strongest electricity grid and abundant emission-free electricity production
The expansion of offshore wind power projects is creating new opportunities
Excellent logistical connections: ports, railways, and highways
Good availability of commodities such as water and bio-based CO2, with ready LNG/LBG infrastructure
Numerous industrial areas for new investments
Industrial parks, industrial ecosystems, and diverse industrial expertise
Innovative battery and technology metals cluster
Finland's Strongest Energy System
Strong electricity grid: 400 kV lines with available production and consumption capacity at main grid substations
Approximately 40% of Finland's electricity is produced in Satakunta
Three nuclear power reactors
Abundant renewable energy production: hydropower, wind power, solar power, and biogas production
Finland's first offshore wind farm
Finland's first LNG import terminal and LNG storages in various parts of Satakunta
Opportunities in Offshore Wind Power
Expansion of Tahkoluoto offshore wind farm (700 MW) is expected to be completed by 20272029
There are multiple offshore wind farm projects in the exclusive economic zone (eez)
International offshore wind center planned for Mäntyluoto, Pori:
• Installation and maintenance base for offshore wind farms
• Storage and pre-assembly areas for wind turbine components
• Loading docks for wind turbine components
• Technical service center supporting maintenance operations
Excellent Logistical Connections
Port of Pori
• Port operations in Mäntyluoto and Tahkoluoto
• Extensive import of bulk products as industrial raw materials
• Depth of 15.3 m
Port of Rauma
• Finland's third-largest container port
• Depth of 12 m
Electrified railway to the ports
• Connections to industrial parks
Highways 2, 8, 11, 12, and 23
Pori Airport: runways that can service a full spectrum of commercial aircrafts
Good Availability of Commodities
Water (process and cooling water)
• Abundant water resources: Bothnian Sea and Kokemäenjoki River
• Available industrial water treatment capacity in Pori's Kaanaa
Gases
• Bio-based CO2 : production of about 2.5 Mt/year
• Existing LNG storages and distribution infrastructure
• Planned hydrogen gas pipeline
Chemicals
• Chemical port in Tahkoluoto
• Sulfuric acid plant in Harjavalta Industrial Park
Industrial Areas for Investments
Municipal industrial area plans for green transition investments, e.g.:
• Pori: Kirrinsanta, Tahkoluoto, Peittoo
• Rauma: Lakari, Järviluoto
• Harjavalta: Sievari
• Kokemäki: Kirkkokallio of Kokemäki
• Ulvila: Pirunkynsi
• Eurajoki: Kuusimäkelä
• Kankaanpää: Kirkkokallio of Honkajoki
The ongoing regional plan includes considerations for industrial expansion needs
Study: Green transition investment projects in Satakunta regional plan 2050
Kirkkokallio
Kirrinsanta
Järviluoto
Lakari
Sievari
Kirkkokallio
Kuusimäkelä
Pirunkynsi
Peittoo
Tahkoluoto
Battery and Technology Metals Cluster
Produces metals, battery chemicals, and metal components for renewable electricity production and storage technology solutions
Turnover: €5.7 billion
Exports: €3.9 billion
Jobs: 8,400
Over 80 years of industrial history
The cluster is expanding as existing companies grow their operations and new businesses join
Fortum
battery materials recycling plant
Metso minerals and metal refining research center
Luvata, Aurubis, Cupori copper products manufacturing
Nornickel Harjavalta
nickel refinery producing battery chemicals (NiSO4,& CoSO4)
Neorem Magnets permanent magnets manufacturing
Boliden Harjavalta metal refining (Cu, Ni)
Growing Demand for Technology Metals with Green Transition
Satakunta Technology Metal Cluster
RAW MATERIALS
Battery Value Chain Companies in Satakunta
BATTERY CHEMICALS
PRECURSOR & CAM MATERIALS
RECYCLING AND RE-USE CELL MANUFACTURING
BATTERY PACK ASSEMBLY BATTERY SYSTEMS
Investments in the Battery & Technology Metals Cluster
Completed:
• Battery material plant: BASF Battery Materials Finland Oy, Harjavalta
• Battery material recycling plant: Fortum
Battery Recycling Oy, Harjavalta
• Production expansions: Boliden Harjavalta Oy, Norilsk Nickel Harjavalta Oy, Luvata Pori Oy
Planned:
• Battery material recycling plant: Fortum
Battery Recycling Oy, Pori
• Recycling vanadium production plant: Novana Oy, Tahkoluoto, Pori
• Battery factory: Æsir Technologies Inc, Kokemäki
Investment value: over €1 billion
Renewable
Energy Investments in Satakunta
Wind Power (2024)
• Capacity in use: 203 MW
• Additional capacity under construction: 212 MW
• Awaiting investment decision: 700 MW
• In the permitting phase: 800 MW
• In preliminary planning phase:
3 500 - 4 000 MW
Solar Energy Production (2024)
• Capacity in use: 35 MW
• In the permitting phase: 2 000 MW
• In preliminary planning phase (publicly announced): 1 000 MW
The value of new investments: approx.
€12 billion
In preliminary planning phase
In use and under construction
In use In the permitting phase Production
Awaiting investment decision or in the permitting phase
Renewable Fuel Production in Satakunta
Biogas Production
• Capacity in use: 95 GWh/year
• Planned: 130 GWh/year
Green Hydrogen Production
• Capacity in use: 20 MW
Synthetic Fuel Production
• E-methane production: 1 kt/year (20 GWh)
• Planned e-methane production: 24 kt/year (330 GWh)
• Planned e-ammonia production capacity: 280 MW
Investment value: approx. €1 billion
The Potential for Green Hydrogen Production in Satakunta
New renewable electricity production in Satakunta by 2030 estimated at 8 TWh/year
Purified water, e.g., from the Kokemäenjoki River: 1,500,000 m³/year + plenty of cooling water
Production of synthetic e-fuels
Bio-based CO2 gas produced in Satakunta: 2.4 Mt/year. Assumption: 10% would be captured (CCU) and used for methanation
Hydrogen: 45 kt/year
Excess heat generated: 2.8 TWh/year = more than the annual district heating production in Satakunta
Green hydrogen: 150 kt/year
Hydrogen for other uses
E-methane: 290 kt/year
Approx. 30% of Finland's heavy transport fuel needs
35 kt/year
By-product oxygen: 1,350 kt/year
Hydrogen: 70 kt/year
Excess nitrogen produced in Satakunta: 320 kt/year. Assumption: all of it would be used for ammonia production
Ammonia: 390 kt/year
Twice the amount needed for nitrogen fertilization in Finnish agriculture
Prizztech in Green Transition
Our experts provide:
• Roadmaps and strategic plans
• Preliminary and feasibility studies
• Preparatory infrastructure plans, such as a proposal for hydrogen pipeline routes
• Marketing and promotional plans for industrial parks
• Overview of infrastructure requirements for various investment projects for municipalities
• Information collection for investment inquiries
• Communication with ministries, regional councils, local municipalities, and companies
• R&D activities in cooperation with local universities and educational institutions
• Facilitating partnerships in business networks
Sami Leppimäki
Mikko Kotiranta
Iiris Puhakka
Matti Luhtanen
Pirjo Taube
Marjut Vähänen Minna Haavisto
Jarkko Vuorela