Fortum raises concerns about "discriminatory" EU taxonomy

The Finnish power company says it's a big mistake to omit nuclear and hydroelectric energy from policies meant to reduce CO2 emissions.

Photo: PR / Fortum

The green wave washing over Europe shouldn't come at the cost of power sources not stamped as clean by the EU, write Fortum, Vattenfall, Uniper, Swedenergy and Finnish Energy to Swedish and Finnish EU ambassadors, voicing concerns about hydroelectric and nuclear being subject to different conditions than wind and solar in the EU's energy technology taxonomy.

"Leaving out hydropower and nuclear is a discriminatory decision that will punish most of the Nordic countries that decided early on to decarbonize their energy mix and have been pioneers on the path towards climate neutrality," writes Anne Malore Geron, vice president of European Affairs at Fortum.

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