Goal 2: Enhance Nordic positions of strength for the energy transition and innovation

When it comes to innovation and new technologies for the energy transition, the Nordic countries together possess the critical research and innovation capacity needed for the region to be a leading player in the development of the new technologies.

Not all energy consumption can be electrified, and so it is therefore important that work be pursued in relation to hydrogen, ammonia, e-methanol and other e-fuels. Enhanced Nordic co-operation around these new technologies shall contribute to a sustainable transition of those sectors which are difficult or unsuitable to electrify directly, such as the steel and chemicals industry, and parts of the heavy transportation industry. This will help reduce reliance on the import of fossil-based energies. In addition, such co-operation shall also help to improve the opportunities of the Nordic business and industrial sectors to be at the forefront of this development and thereby contribute to the global transition.  Hydrogen is currently the main focus for Nordic energy co-operation, but this can be extended to a greater extent in the future to also encompass other energy carriers.  

The efficient consumption of energy has contributed to the well-functioning energy systems of the Nordic countries, and it has helped to bring down greenhouse gas emissions. Energy efficiency is also important to the competitiveness of business. Co-operation on improving energy efficiency places its focus on initiatives that support national efforts to improve energy efficiency through the use of technological and behavioural changes both for citizens and for companies. This includes common initiatives within areas such as energy labels and ecodesign, as well as the circular economy and the use of residual heat.