Smart Energy Transition- Realizing its potential for sustainable growth for Finland's second century

Project Details

Description

New technologies disrupt the old rules of the energy system and lead to radical changes in the roles of producers and consumers, but also offer great opportunities. According to the IEA, the global energy transition creates a $50.000 billion market by 2035. The objectives of the Smart Energy Transition (SET) project are to (1) Analyse the technological disruptionin smart energy and its impacts on society and its growth spearheads: cleantech, digitalization and bioeconomy. (2) Explore how different sectors can benefit from the transition, considering the institutional framework, emerging business ecosystems, competence gaps identified in pilots and the economic impacts. (3) Co-create solutions by articulating the impacts of the disruptive technologies and the opportunities, testing transition arenas, integrating the project into relevant policy processes, interacting with stakeholders and the public and producing tools supporting new business creation.

Description

New technologies disrupt the old rules of the energy system and lead to radical changes in the roles of producers and consumers, but also offer great opportunities. According to the IEA, the global energy transition creates a $50.000 billion market by 2035. The objectives of the Smart Energy Transition (SET) project are to (1) Analyse the technological disruptionin smart energy and its impacts on society and its growth spearheads: cleantech, digitalization and bioeconomy. (2) Explore how different sectors can benefit from the transition, considering the institutional framework, emerging business ecosystems, competence gaps identified in pilots and the economic impacts. (3) Co-create solutions by articulating the impacts of the disruptive technologies and the opportunities, testing transition arenas, integrating the project into relevant policy processes, interacting with stakeholders and the public and producing tools supporting new business creation.
Short titleSA/Smart Energy Transition
StatusFinished
Effective start/end date01/05/201531/12/2017

Collaborative partners

  • Aalto University (lead)
  • SA: Strategic research funding (Project partner)
  • Suomen Akatemia (Project partner)

UN Sustainable Development Goals

In 2015, UN member states agreed to 17 global Sustainable Development Goals (SDGs) to end poverty, protect the planet and ensure prosperity for all. This project contributes towards the following SDG(s):

  • SDG 7 - Affordable and Clean Energy
  • SDG 9 - Industry, Innovation, and Infrastructure
  • SDG 11 - Sustainable Cities and Communities

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