Fortum is a leading energy company based in Finland, dedicated to providing sustainable energy solutions while promoting the transition to a fortum low-carbon future. With a strong presence in Europe and beyond, Fortum has been at the forefront of the renewable energy sector, investing heavily in technologies that reduce environmental impact while ensuring reliable energy supply. The company is committed to sustainability and innovation, making it a key player in the global effort to combat climate change.
Founded in 1998, Fortum’s main business areas include electricity generation, heat production, and waste-to-energy solutions. The company’s energy portfolio is diverse, incorporating traditional power generation from nuclear, hydro, and thermal energy alongside a growing focus on renewable sources. Fortum has recognized the importance of moving away from fossil fuels and has made significant strides in expanding its renewable energy capacity. The company has invested in wind and solar energy projects, both in Europe and in emerging markets, aiming to provide cleaner alternatives to traditional energy sources.
One of Fortum’s core strategies is its commitment to decarbonization. The company has set ambitious targets to reduce its carbon emissions, aligning with international climate goals and contributing to the global energy transition. Fortum is working towards becoming carbon neutral by 2050, a goal that requires ongoing innovation and collaboration with stakeholders in the energy sector. The company has implemented energy-efficient technologies and processes across its operations, helping to reduce its environmental footprint while maintaining reliable energy production.
In addition to its efforts in renewable energy, Fortum is also focused on developing energy storage and smart grid technologies. These innovations are crucial in managing the intermittency of renewable energy sources like wind and solar power. By investing in advanced energy storage solutions, Fortum aims to ensure that excess energy produced during periods of high renewable generation can be stored and used when demand is higher or when renewable generation is low. Smart grids, on the other hand, allow for better management and distribution of electricity, optimizing energy use and reducing waste.
Fortum’s sustainability efforts also extend to its waste-to-energy operations. The company operates a number of waste incineration plants, converting waste into electricity and heat. This not only helps reduce the amount of waste sent to landfills but also provides an alternative, sustainable energy source. By turning waste into valuable resources, Fortum is contributing to a circular economy and helping communities manage waste more effectively.
The company is also involved in the electric vehicle (EV) charging infrastructure market, recognizing the increasing demand for EVs and the importance of supporting their growth. Fortum’s charging network is expanding, offering consumers a convenient and sustainable way to power their electric vehicles.
In conclusion, Fortum is a company dedicated to shaping the future of energy. By focusing on sustainability, innovation, and carbon reduction, Fortum continues to play a pivotal role in the global transition towards a cleaner, greener energy system.