Mainly, the base of the research is to present an economically viable pathway to a carbon neutral global energy system by 2050, with electricity as the major energy carrier.

The research is lead by solar economy professor Christian Breyer, from the LUT University, who has conducted a research on modelling the energy transition on an hourly level.

Moreover, the agreement will focus on studying the detailed energy system modelling of the transition taking place with the global energy sector.

Thus, the university's research team will support Wärtsilä’s development work in this field, including providing access to LUT University’s database of power systems data.

Matti Rautkivi, Director Strategy & Business Development, Wärtsilä Energy Business, commented

The collaboration with their solar economy research group is in line with our vision of a 100% renewable energy system, and it strengthens our understanding on the optimal development paths towards achieving it. The energy sector is changing rapidly.

Wärtsilä has accumulated superior capabilities in the strategic modelling of the industry’s ongoing transition, both at power system and country levels. The work has focused on understanding the value of flexible power assets within power systems, as well as the role of different power generation and storage technologies in achieving electricity systems capable of utilising 100% renewable energy sources.

Concluding, Juha-Matti Saksa, the rector of LUT University stated

LUT University is proud to be chosen as Wärtsilä’s partner in this strategic modeling project, and we look forward to working together with them.