• Sun. Apr 21st, 2024

The Trends in Carbon Emissions from Plants in the Emissions Trading System in 2023

BySamantha Nguyen

Apr 3, 2024
The Raahen plant of SSAB ranks as the top emitter in Finland once more

In 2023, a total of 15.4 million tons of carbon dioxide emissions were generated from plants included in the emissions trading system, a decrease from the previous year’s 19.0 million tons. The top three emitters remained SSAB’s Raahen steel plant, Neste’s Porvoon oil refinery, and Helen’s Salmisaaren coal-fired power plant for several years.

SSAB aims to transition their 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 a disappointment for 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 the 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.

SSAB’s Raahen steel plant saw an increase in emissions to 3.7 million tons of carbon dioxide last year, up from 3.6 million the previous year. Neste’s Porvoon refinery emissions remained stable at 2.5 million tons, while Helen’s Salmisaaren power plant emissions decreased from 0.9 to 0.7 million tons of carbon dioxide

By Samantha Nguyen

As a content writer at newsqwe.com, I am passionate about crafting engaging and informative articles that captivate our audience. With a background in journalism and a keen eye for detail, I strive to deliver content that is not only well-researched but also adds value to our readers' lives. From breaking news stories to in-depth features, I take pride in my ability to tell compelling stories that resonate with our diverse audience. When I'm not typing away at my keyboard, you can find me exploring new cafes, practicing yoga, or getting lost in a good book. I am thrilled to be a part of the newsqwe.com team and look forward to sharing my love for writing with all of our readers.

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