Fortum Quo Vadis
Building a zero carbon economy is an exciting challenge. Will Finland and Fortum turn Uniper around to become a leader of the energy transition?
Fortum is rethinking it’s strategy in 2020. In the middle of a climate emergency, it may not be the best time to invest in more fossil fuels. But Fortum owns Uniper, which has lots of coal and fossil gas infrastructure – and wants to build more. What way forward for Fortum & Uniper? The Finnish government which owns both has set an ambitious climate target – and is struggling to get Uniper and Fortum on board for a quick energy transition.
In this context, we would like to have a conversation about whether fossil gas, such as the proposed LNG terminal in Wilhelmshaven that would import (fracked) gas into Europe, has a future and whether replacing coal plants with renewables could be an alternative to selling them off to others who might keep them running.
Our guiding question:
Transitioning out of fossil gas and coal – what should Fortum do to lead the way?
Speakers:
- Krista Mikkonen, Finnish Minister of the Environment and Climate Change
- Michael Bloss, Member of the European Parliament
- Steve Herz, Sierra Club
- Frida Kieninger, Food&Water Action Europe
- Chiara Arena & Lennart Tiller, Climate Activists
- Jan Bondaruk, GIG Research Institute
- Kaarina Kolle, Europe Beyond Coal Campaign
- Jan Erik Saugestad, Storebrand Asset Management
The event was co-hosted by Michael Bloss, LINGO and Hiilivapaa Suomi.
Moderator: Oras Tynkkynen
Watch the full webinar below.
The event was made possible thanks to the support of the International Alumni Center of the Bosch Alumni Network.