Nordic Energy Market
The Nordic electricity market is a common market for electricity in the Nordic countries. It is one of the first free electric-energy markets in Europe and is traded in NASDAQ OMX Commodities Europe and Nord Pool Spot. In 2003, the largest market shares were as follows: Vattenfall 17%, Fortum 14.1%, Statkraft 8.9%, E.on 7.5%, Elsam 5%, Pohjolan Voima 5%. Other producers had 42.5% market share. Denmark From 1999 and onwards, Denmark is a net exporter of fossil energy.Pedersen, Peder JFactsheet Denmark'' Ministry of Foreign Affairs (Denmark)'', 2008. Retrieved: 25 September 2010. Wind power in Denmark Wind power provided 18.9% of electricity production and 24.1% of generation capacity in Denmark in 2008, Denmark was a pioneer in developing commercial wind power during the 1970s, and today almost half of the wind turbines around the world are produced by Danish manufacturers such as Vestas and Siemens Wind Power along with many component suppliers. [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Electricity Market
An electricity market is a system that enables the exchange of electrical energy, through an electrical grid. Historically, electricity has been primarily sold by companies that operate electric generators, and purchased by consumers or electricity retailers. The electric power industry began in the late 19th century in the United States and United Kingdom. Throughout the 20th century, and up to the present, there have been deep changes in the economic management of electricity. Changes have occurred across different regions and countries, for many reasons, ranging from technological advances (on supply and demand sides) to politics and ideology. Around the turn of the 21st century, several countries restructured their electric power industries, replacing the vertically integrated and tightly regulated "traditional" electricity market with market mechanisms for electricity generation, transmission, distribution, and retailing. The traditional and competitive market app ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Siemens Wind Power
Siemens AG ( ) is a German Multinational corporation, multinational technology Conglomerate (company), conglomerate. It is focused on Industrial control system, industrial automation, Building automation , building automation, rail transport and health technology. Siemens is the largest engineering company in Europe, and holds the position of global market leader in industrial automation and industrial software. The origins of the conglomerate can be traced back to 1847 to the ''Telegraphen Bau-Anstalt von Siemens & Halske'' established in Berlin by Werner von Siemens and Johann Georg Halske. In 1966, the present-day corporation emerged from the merger of three companies: Siemens & Halske, Siemens-Schuckert, and Siemens-Reiniger-Werke. Today headquartered in Munich and Berlin, Siemens and its subsidiaries employ approximately 320,000 people worldwide and reported a global revenue of around €78 billion in 2023. The company is a component of the DAX and Euro Stoxx 50 stock mark ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Olkiluoto Nuclear Power Plant
The Olkiluoto Nuclear Power Plant (, ) is one of Finland's two nuclear power plants, the other being the two-unit Loviisa Nuclear Power Plant. The plant is owned and operated by Teollisuuden Voima (TVO), and is located on Olkiluoto Island, on the shore of the Gulf of Bothnia, in the municipality of Eurajoki in western Finland, about from the town of Rauma, Finland, Rauma and about from the city of Pori. The Olkiluoto plant consists of two boiling water reactors (BWRs), each with a capacity of 890 Megawatt, MW, and one EPR (nuclear reactor), EPR type reactor (unit 3) with a capacity of 1,600 MW. This makes unit 3 currently the most powerful nuclear power plant unit in Europe and the third most powerful globally. Construction of unit 3 began in 2005. Commercial operation, originally scheduled for May 2009, began on 1 May 2023. A decision-in-principle for a fourth reactor to be built at the site was granted by the Finnish parliament in July 2010, but in June 2015 TVO decided tha ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Otaniemi
Otaniemi (Finnish language, Finnish), or Otnäs (Swedish language, Swedish), is a district of Espoo, Finland. It is located near the border with Helsinki, the Capital (political), capital of Finland. Otaniemi is located on the southern shore of the Laajalahti bay, next to the district of Tapiola near the border to Helsinki. It is part of the Suur-Tapiola, Greater Tapiola major district. Otaniemi and Tapiola are separated by the Ring I beltway. The Aalto University metro station, located in Otaniemi, was put into service in 2017. Otaniemi is the home of Aalto University's campus, thus "Otaniemi" is often used as a synonym for Aalto. However, several research and business facilities are also located in Otaniemi. The most prominent institutions for science and engineering in Otaniemi are the VTT Technical Research Centre of Finland and the Geological Survey of Finland (GTK). Business is represented in the area by the business incubator Technopolis Oyj, Technopolis. In 2010, Otaniemi ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Teollisuuden Voima
Teollisuuden Voima Oyj (TVO; , Industrial Power Corporation) is a Finnish nuclear power company owned by a consortium of power and industrial companies. The biggest shareholders are Pohjolan Voima and Fortum. Olkiluoto The company operates Olkiluoto Nuclear Power Plant, which consists of two BWRs ( boiling water reactors), an EPR ( European Pressurized Reactor) which reached full operational capacity in 2023, and formerly one half of a coal-fired power plant along with a wind farm. The third reactor at Olkiluoto was expected to be ready in May 2009, but significant delays pushed commercial availability to May 2023. TVO has filed compensation claim for delays, and Areva-Siemens have counter-claimed against TVO. Arbitrators at the International Chamber of Commerce are considering the claims. On 21 April 2010, the Government of Finland decided to grant a permit for the construction of a fourth reactor at Olkiluoto. The decision was approved by the Parliament on 1 July ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Saimaa
Saimaa ( , ; ) is a lake located in the Finnish Lakeland area in southeastern Finland. With a surface area of approximately , it is the largest lake in Finland, and the fourth-largest natural freshwater lake in Europe. The name Saimaa likely comes from a non-Uralic, non-Indo European substrate language. Alternatively, it has been proposed that the name may be connected to the Sami word ''sápmi''. History The lake was formed by glacial melting at the end of the Ice Age. Major towns on the lakeshore include Lappeenranta, Imatra, Savonlinna, Mikkeli, Varkaus, and Joensuu. About 6,000 years ago, ancient Lake Saimaa, estimated to cover nearly at the time, was abruptly discharged through a new outlet. The event created thousands of square kilometres of new residual wetlands. Following this event, the region saw a population maximum in the decades following only to later return to an ecological development towards old boreal conifer forests which saw a decline in population. Top ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Hydropower
Hydropower (from Ancient Greek -, "water"), also known as water power or water energy, is the use of falling or fast-running water to Electricity generation, produce electricity or to power machines. This is achieved by energy transformation, converting the Potential energy, gravitational potential or kinetic energy of a water source to produce power. Hydropower is a method of sustainable energy production. Hydropower is now used principally for Hydroelectricity, hydroelectric power generation, and is also applied as one half of an energy storage system known as pumped-storage hydroelectricity. Hydropower is an attractive alternative to fossil fuels as it does not directly produce Carbon dioxide in Earth's atmosphere, carbon dioxide or other Air pollution, atmospheric pollutants and it provides a relatively consistent source of power. Nonetheless, it has economic, sociological, and environmental downsides and requires a sufficiently energetic source of water, such as a river or ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Oil Shale
Oil shale is an organic-rich Granularity, fine-grained sedimentary rock containing kerogen (a solid mixture of Organic compound, organic chemical compounds) from which liquid hydrocarbons can be produced. In addition to kerogen, general composition of oil shales constitutes inorganic substance and bitumens. Based on their deposition environment, oil shales are classified as marine, lacustrine and terrestrial oil shales. Oil shales differ from oil-''bearing'' shales, shale deposits that contain petroleum (tight oil) that is sometimes produced from drilled wells. Examples of oil-''bearing'' shales are the Bakken Formation, Pierre Shale, Niobrara Formation, and Eagle Ford Group, Eagle Ford Formation. Accordingly, shale oil produced from oil shale should not be confused with tight oil, which is also frequently called shale oil. A 2016 estimate of global Deposition (geology), deposits set the total world resources of oil shale equivalent of of oil in place.#wec2016, WEC (2016), p. ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Estonia
Estonia, officially the Republic of Estonia, is a country in Northern Europe. It is bordered to the north by the Gulf of Finland across from Finland, to the west by the Baltic Sea across from Sweden, to the south by Latvia, and to the east by Russia. The territory of Estonia consists of the mainland, the larger islands of Saaremaa and Hiiumaa, and over 2,300 other islands and islets on the east coast of the Baltic Sea. Its capital Tallinn and Tartu are the two largest List of cities and towns in Estonia, urban areas. The Estonian language is the official language and the first language of the Estonians, majority of its population of nearly 1.4 million. Estonia is one of the least populous members of the European Union and NATO. Present-day Estonia has been inhabited since at least 9,000 BC. The Ancient Estonia#Early Middle Ages, medieval indigenous population of Estonia was one of the last pagan civilisations in Europe to adopt Christianity following the Northern Crusades in the ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Wood
Wood is a structural tissue/material found as xylem in the stems and roots of trees and other woody plants. It is an organic materiala natural composite of cellulosic fibers that are strong in tension and embedded in a matrix of lignin that resists compression. Wood is sometimes defined as only the secondary xylem in the stems of trees, or more broadly to include the same type of tissue elsewhere, such as in the roots of trees or shrubs. In a living tree, it performs a mechanical-support function, enabling woody plants to grow large or to stand up by themselves. It also conveys water and nutrients among the leaves, other growing tissues, and the roots. Wood may also refer to other plant materials with comparable properties, and to material engineered from wood, woodchips, or fibers. Wood has been used for thousands of years for fuel, as a construction material, for making tools and weapons, furniture and paper. More recently it emerged as a feedstock for the production ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Peat
Peat is an accumulation of partially Decomposition, decayed vegetation or organic matter. It is unique to natural areas called peatlands, bogs, mires, Moorland, moors, or muskegs. ''Sphagnum'' moss, also called peat moss, is one of the most common components in peat, although many other plants can contribute. The biological features of sphagnum mosses act to create a habitat aiding peat formation, a phenomenon termed 'habitat manipulation'. Soils consisting primarily of peat are known as histosols. Peat forms in wetland conditions, where flooding or stagnant water obstructs the flow of oxygen from the atmosphere, slowing the rate of decomposition. Peat properties such as organic matter content and saturated hydraulic conductivity can exhibit high spatial heterogeneity. Peatlands, particularly bogs, are the primary source of peat; although less common, other wetlands, including fens, pocosins and peat swamp forests, also deposit peat. Landscapes covered in peat are home to sp ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |