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Finland
1.5
GW
8
MT
Coal plants in
Finland
Additional profit over 30 years
25.3
Bn. $
% Profitable
100
%
Annual CO2 emissions saved
8
MT / year
Total W-S-B investment need
5.1
Bn. $
Investment Potential
21
n.a.
%
of this country’s annual energy-related CO2 emissions could be eliminated by SwitchCoal.
Investment breakdown
5.1
Bn. $
Initial Investment for Conversion to Wind and Solar Power Plant
25.3
Bn. $
Additional profit from switch over 30 years (Source: IEA World Energy Outlook 2022)
Solar
949
M. $
Wind
3,985
M. $
Battery
189
M. $
Production costs
13.5
ct/kWh
Mean OPEX of the coal plants within this country (Source: IEA World Energy Outlook 2022)
4.8
ct/kWh
Production cost of renewable energy
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Regions
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Power plants
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Region
CO2 emissions saved
Total W-S-B inv. need
% Profitable plants
Uusimaa
CO2 emissions saved
3.4
MT/y
Total W-S-B inv. need
2.2
Bn. $
% Profitable plants
100
%
Satakunta
CO2 emissions saved
2.9
MT/y
Total W-S-B inv. need
1.8
Bn. $
% Profitable plants
100
%
Ostrobothnia
CO2 emissions saved
1.5
MT/y
Total W-S-B inv. need
1.0
Bn. $
% Profitable plants
100
%
Paijat-Hame
CO2 emissions saved
0.2
MT/y
Total W-S-B inv. need
0.1
Bn. $
% Profitable plants
100
%
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CO2 emissions (high-low)
CO2 emissions (low-high)
Investment need (high-low)
Investment need (low-high)
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Plant
CO2 emissions
Investment need
Profitable?
Meri-Pori power station
CO2 emissions
2.9
MT/y
Investment need
1.8
Bn. $
Profitable?
Yes
No
Vaskiluoto power station
CO2 emissions
1.5
MT/y
Investment need
1.0
Bn. $
Profitable?
Yes
No
Hanasaari power station
CO2 emissions
1.4
MT/y
Investment need
0.9
Bn. $
Profitable?
Yes
No
Salmisaari power station
CO2 emissions
1.0
MT/y
Investment need
0.6
Bn. $
Profitable?
Yes
No
Martinlaakso power station
CO2 emissions
0.5
MT/y
Investment need
0.3
Bn. $
Profitable?
Yes
No
Suomenoja power station
CO2 emissions
0.5
MT/y
Investment need
0.3
Bn. $
Profitable?
Yes
No
Heinola Plant power station
CO2 emissions
0.2
MT/y
Investment need
0.1
Bn. $
Profitable?
Yes
No
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Barisal
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