Business Finland's Decarbonizing Industries program is hosting a series of online meet the buyer meetings for Finnish companies interested in the Portuguese market. These meetings will foster fruitful business collaborations for Finnish companies and establish direct connections with Portuguese counterparts. There will be approximately 3-5 online meetings for each Finnish Company participating, during a timeframe from 15 September to 15 December.
The decarbonization of the industrial and electricity sectors is important in achieving a carbon-neutral economy. Portugal's 2030 energy efficiency targets are aligned with the EU Clean Energy Package, which includes an updated Energy Efficiency Directive (EED) setting a 32.5% reduction target in energy consumption across the EU compared to business-as-usual projections. Portugal's RNC2050 commitment aims to achieve carbon neutrality throughout its entire economy by 2050. Energy efficiency plays a critical role in meeting these targets, as reduced energy demand in all sectors enables renewable and other low-carbon energy sources to adequately meet the remaining energy requirements.
The Recovery and Resilience Facility (RRF) funds provide EUR 13.9 billion in grants and EUR 2.7 billion in loans. Climate objectives will receive 38% of the plan's support, while 22% is allocated to digital transition. The timeline for resource allocation extends until the end of 2026.
Participating companies should offer products, solutions, or services related to:
- Complete solutions encompassing industrial heat pumps, water chillers, burners, and combustion systems;
- Advanced industrial compressed air systems designed to optimize energy efficiency;
- Cutting-edge control software facilitating energy savings attainment;
- Innovative battery systems;
- Efficient utilization of industrial waste heat through recovery methods;
- Technological advancements enabling the production of textile fibre from wood and waste, thereby enhancing energy efficiency;
- Strategies for water and material efficiency, as well as the utilization of by-products;
- Green hydrogen, synthetic fuels, and biofuels for sustainable energy alternatives;
- Biobased treatments and packaging solutions with environmentally friendly properties
