Public Affairs
Public Affairs
The purpose of St1 Nordic's Public Affairs is to ensure the best possible operating environment for our business, to support strategic decision making and to drive forward the energy transition. We follow regulatory development, offer our expert advice to legislators and act as a reliable partner for our wider network of stakeholders. We are registered in the EU Transparency Register. We notify our communications with the Finnish parliament and ministries to Finland's Transparency Register twice a year.
General principles of St1 Public Affairs
We align our work with St1’s strategic focus areas to identify business benefits and opportunities.
We are a proactive, trusted and honest partner for decision-makers.
We strive to actively influence regulation to enhance the energy transition.
Our views and positions
Road transport blending mandates
Frequent policy changes in the Nordics have eroded companies’ trust in future biofuel demand determined by road transport blending mandates. Regulation should be consistent and predictable to support investments. In Finland, sub-mandates for advanced biofuels and RFNBOs should be separated to incentivize the use of both fuels.
Biogas
Biogas is a technologically mature solution for decarbonization, which is available across different end-use sectors and geographical areas. Use of biogas can improve European and Nordic security of supply, as the feedstock is produced locally instead of being imported from third countries. Nordic countries should set sufficient incentives for biogas, based on their national circumstances (e.g. mandates, production support systems). Visibility is also needed in the EU regulation, since targets for renewable energy only extend until 2030.
Sustainable aviation fuels
Aviation sector needs sustainable liquid fuels as a part of its long-term transition. In addition to sub-mandates for e-fuels (RFNBOs), bio-jet fuel production from advanced biomass needs support. However, e-fuel use is limited by price and liquid aviation fuel use is limited by the availability of feedstock. New innovations are needed to reach climate targets in the sector.
Sustainable marine fuels
Regulation should be consistent and predictable to support investments. Biogas should be included as a solution and counted towards the target in the different mandates regarding marine.
Carbon sequestration
CO₂ removals play a key role in the transition towards a net-zero economy. Cross-sectoral carbon removals between the transport sector and the land-use sector should be allowed to increase the cost-efficiency of climate change mitigation. Capturing biogenic CO₂ can support the decarbonization of different segments. Alongside carbon capture and storage (CCS), carbon capture and use (CCU) should also be incentivized.
