The Smart Energy Finland Program brings together the services for technical development and exports. A hundred million euros will be granted to smart energy solution innovations by the Program in 2017–2021. The program will also grant support for the international expansion of growth-oriented companies that possess growth potential and feature renewable energy and smart energy solutions in their product portfolio.
The annual global energy investments will total approximately 2 trillion dollars with a major focus on giving up fossil fuels and increasing renewable energy production. This means an increased need of grid flexibility and energy storage. P2X and hydrogen solutions are an essential part of future's flexible energy systems. The energy market experiences further changes with the electrification of traffic.
The energy sector will offer completely new business opportunities in particular for companies in the software and digital industries in the fields of data processing, data security and more. Energy consumption will be managed more efficiently with the help of learning and smart systems.
Finland possesses significant expertise in the fields of renewable energy technology, smart networks, power electronics and automation. The energy sector contributes to a major share of the Finnish exports and it is predicted to keep growing.
The annual global energy investments will total approximately 2 trillion dollars with a major focus on giving up fossil fuels and increasing renewable energy production.
The test platforms and ecosystems are used to accelerate the innovations by Finnish companies and exports in the growing international markets and to attract investment in Finland. The ecosystems create opportunities for SMEs to enter the energy market that requires large investments with the help of partnerships and similar arrangements.
The following test platforms have already been initiated as a part of the program:
New test platforms will be launched during the program when necessary.
Funding by the Smart Energy Finland program can be used to support the development of innovation and export ecosystems. Ecosystems are formed of companies, research institutes, customers and municipalities that engage in joint R&D projects and facilitate the creation of a business environment that supports the program’s aims.
HOPE – Highly Optimized Energy Systems
Examples of ecosystems launched in the program:
HYBGEO – Hybrid geothermal technology and data enabling positive energy buildings
Power-to-X ecosystem taking on new challenges for suture energy storage solutions
SmartFlex for power plant flexibility
Growth-oriented companies with potential for growth and internationalization are invited to join the program. The services of the program will be available for companies in the energy sector and those engaged in the development of smart solutions.
If your company is interested in services of the Smart Energy program, please contact Head of the program Helena Sarén.
Companies can apply funding constantly. Funding applications can be submitted to the Online Service of Business Finland. Indicate the text "SmartEnergy" in the field for comments in the application. We recommend that you contact the experts at Business Finland before submitting your application.