Scanfil Oyj: War in Ukraine is accelerating investment in fossil-free power generation and energy-saving solutions

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The recent increase in oil and gas prices will most likely lead to the acceleration of the EU Green Deal program. Along with fossil-free energy companies and energy-saving solutions worldwide, it will benefit.

There is an ongoing debate in the EU about whether nuclear and natural gas can be considered non-fossil fuels. If we classify natural gas as a fossil fuel, we end up with nuclear, solar, hydraulic, wind, biomass and geothermal sources.

A recent study by McKinsey & Company estimates that more than 85% of today’s emissions can be reduced with existing technologies. Solar, wind and heat pumps are good sources of non-fossil energy.

For many Scanfil customers, the energy transition is good news, for example Danfoss is well positioned in the transition. Saving energy is the fastest and most affordable way to decarbonize the economy. Scanfil has been their global provider since 2019.

Merus Power offers solutions for renewable energy generation and energy storage. Wind farms need transformers and Scanfil has been in the market through its customers for over a decade.

Stay tuned for more news related to energy solutions.

Disclaimer

Scanfil Oyj published this content on June 23, 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unmodified, on Jun 23, 2022 08:04:02 UTC.

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