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The Raahen plant of SSAB ranks as the top emitter in Finland once more

In 2023, the total carbon dioxide emissions from plants included in the EU emissions trading system decreased by 19.2 percent compared to the previous year, to 15.4 million tons. Despite this decrease, SSAB’s Raahen steel plant remained the largest emitter among Finnish facilities participating in the system.

SSAB has set a goal of transitioning its steel production in Raahe and Luleå, Sweden, to be largely fossil-free by 2040. The investment in Lulea is expected to be around 4.5 million euros and will significantly reduce emissions in Sweden. However, this decision has been met with disappointment from Finland economically, as it may mean that emissions from the Raahen factory will not decrease significantly in the near future.

Neste plans to stop oil refining at its Porvoon refinery by the mid-2030s and focus on producing low-carbon fuels and circular economy products. Helen’s Salmisaaren plant had its coal phase-out schedule extended due to supply concerns caused by an energy crisis.

The Energy Agency reported that natural gas consumption increased while peat and coal consumption decreased last year. Renewable fuel consumption remained stable from the previous year. Weather-related fluctuations in energy demand and production influence emission trends. Total energy consumption remained constant, with increased nuclear power production and decreased net electricity imports.

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In conclusion, while overall emissions from plants included in the EU emissions trading system decreased last year, individual emitters like SSAB’s Raahen steel plant saw varying levels of change in their carbon dioxide emissions. Transitions towards fossil-free production are underway at some facilities but may still face economic challenges for countries like Finland that rely heavily on traditional energy sources.

It is important for governments and businesses to continue investing in renewable energy sources and technologies to reduce carbon emissions and mitigate the impacts of climate change long term while also ensuring economic stability for communities affected by these changes.

By Samantha Jones

As a dedicated content writer at newsaca.com, I bring a unique blend of creativity and precision to my work. With a passion for storytelling and a keen eye for detail, I strive to craft engaging and informative articles that captivate our readers. From breaking news to thought-provoking features, I am committed to delivering content that resonates with our audience and keeps them coming back for more. Join me on this exciting journey as we explore the ever-evolving world of news and information together.

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